What is the average block time for Monero?

3 answers

• mohamed mApr 16, 2021 · 5 years ago
  The average block time for Monero is approximately 2 minutes. This means that on average, a new block is added to the Monero blockchain every 2 minutes. It's one of the reasons why Monero is considered to have fast transaction confirmations compared to some other cryptocurrencies.
  281

  141
• Kornelius AdiJun 28, 2023 · 2 years ago
  Monero has an average block time of around 2 minutes. This relatively short block time allows for faster transaction confirmations and ensures that the Monero blockchain can handle a high volume of transactions. It's one of the factors that contribute to Monero's efficiency and usability as a cryptocurrency.
  309

  103
• Claudia cirgJan 19, 2022 · 4 years ago
  The average block time for Monero is 2 minutes. This means that every 2 minutes, a new block is added to the Monero blockchain. This fast block time allows for quick transaction confirmations and ensures that the Monero network can handle a large number of transactions per second. It's one of the reasons why Monero is popular among users who value speed and efficiency in their cryptocurrency transactions.
  408

  102