Quote from: solex on May 11, 2015, 06:32:46 AM

On reddit, Gavin has responded favorably to cedivad's proposal that the Bitcoin's 10 minute block interval be reduced to 1 minute.
If it is done at the next block reward halving the block reward would drop from 25 BTC to 1.25 BTC in order to maintain the 21 million BTC limit.

http://www.reddit.com/r/Bitcoin/comments/35hpkt/please_remind_me_once_again_why_we_cant_decrease/cr4wk0g

Quote

I think 1-minute blocks is a good idea. The best time to roll that out would be the next subsidy halving (makes the code much simpler).
We still need a bigger max block size, though.

Just in case his reddit account was used while his back was turned, here is a poll. Vote away!

As people comment in this thread I will update the PROS and CONS list....

PROS

Dogecoin has 1 minute blocks, Litecoin 2.5 minute blocks, and their users think this is a user-friendly advantage for these coins.
The 1MB max block increase can be delayed a few more years as the network will theoretically be capable of 30tps instead of the existing 3tps throughput.

CONS

Increase in block orphan risk for miners.

Hmm, OK.
Just one question.
Considering that, now with the difficulty rising, and a lot of times we see longer periods than 10 minutes per block,
Do you think that 1 minute blocks are feasible?