Post
Topic
Board Bitcoin Discussion
Re: Why is BTC transaction so slow
by
hosseinimr93
on 28/06/2022, 09:58:44 UTC
This is not exactly true, since the bitcoin block time is 10 minutes. Meaning if you pay the maximum fee, you will end up with a confirmation time from 10 minutes to 1 second.
You are wrong too.
The block time isn't exactly 10 minutes. Blocks are mined every 10 minutes on average.
A block may be confirmed 1 second after the previous one. It's also possible that it takes more than an hour.