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Questions tagged [time]

The tag has no usage guidance.

1
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1answer
37 views

Mining a new block

Hypothetically, if you only have one node mining in the network, how much time does it take to solve for the nonce assuming for example the current difficulty?
0
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1answer
19 views

How difficulty variation is technically linked to time take for the block discovery?

Can anybody explain to me technically in units about the time relation to difficulty variation in bitcoin mining e.g. if a block is discovered in 10 minutes, does T = 10 minutes? or T = 20160 minutes ...
3
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2answers
295 views

Why does the median-past time average the last 11 block timestamps and not the last 12?

As described in BIP-113. Wouldn't the last 12 blocks bring us closer to a one-hour offset (ie 120min, midpoint 60)?
0
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0answers
66 views

bitpay/bitcore v8.0.0 sync time

New version of bitcore https://github.com/bitpay/bitcore/tree/v8.0.0 How much time does the synchronization process take on Bitcoin mainnet for bitpay/bitcore v8.0.0?
1
vote
1answer
35 views

Pay to many addresses transaction time?

I read here about the fees difference when paying to many addresses at once instead of doing it one after another. I was wondering whether this applies to the transaction time as well. Is it ...
-1
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1answer
66 views

How is the maximum of tick per seconds?

I just wonder what is the maximum of tick per second for cryptocurrency. On theory every second can have thousands of ticks, but in real word I think this is not real world.
0
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1answer
64 views

Bitcoind Testnet time/timereceived constantly changing?

I've got a small question: over a week ago I did some transactions on the Bitcoin testnet as I am developing a new GUI header for full nodes. When continuing development today, I noticed that when ...
0
votes
1answer
65 views

At what time will the payment be taken when buying bitcoin on an exchange?

So for example if you place a order for BTC when it is in a small dip (for example some minutes), Will the usd dollar price you pay be equal to the price at the time you placed the order or when it it ...
1
vote
2answers
131 views

Mastering Bitcoin: Advanced Scripting Question

At the end of Mastering Bitcoin Chapter 7. https://github.com/bitcoinbook/bitcoinbook/blob/second_edition/ch07.asciidoc#complex-script-example They ask this question in regards to the script: How do ...
1
vote
3answers
401 views

Gear/approach to legimitately mining (not buying) a single Bitcoin

Background I have a relative who has been trying to get into Bitcoin mining. He accidentally installed malware onto his home PC twice, thinking it was a mining tool. He understands mathematics but is ...
0
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2answers
35k views

How long would it take for me to mine a bitcoin with a TItan XP nvidia [duplicate]

How long would it take me to mine 1 bitcoin with an nvidia titan xp graphics card? ty for helping if u do.
0
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0answers
21 views

How long is it reasonable to wait for an unconfirmed transaction? [duplicate]

Approximately 18 hours ago I made 2 transactions of similar value (approx 0.02 BTC each). This was sending bitcoins to 2 seperate address's. The transaction fees were approx 1% of the values sent. Any ...
2
votes
1answer
2k views

Why transactions' average confirmation times becoming more chaotic?

According to this chart, Bitcoin's transactions' average confirmation times are varying much more widely than they were a year ago. Why would this be? Is it because the daily transaction rate has been ...
3
votes
1answer
234 views

How does bitcoin handle extreme transaction volume?

What would happen if the amount of active Bitcoin users grows up enough so that the average rate at which transactions are created becomes faster than the average rate at which transactions are ...
2
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1answer
464 views

Does synchronization takes such long time for first time or every time when syncing?

My internet bandwidth is around 10 - 20 KB/s. If I could sync with it for the first time then no problem. If I should need to sync it every time when opening it then it's really a big problem for me.
4
votes
2answers
275 views

Accelerated block generation

According to http://btc.blockr.io/ : Height Block created Transactions Block fee Size (kb) Days destroyed 318525 2 minutes ago 28 0.00370000 8.36 kB 2.00 318524 3 ...
1
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2answers
1k views

Are time, timereceived and blocktime in UTC?

I read around about the differences between time, blocktime and timereceived, but one question remains. Although I assume all times are UTC, I haven't seen that mentioning specifically anywhere. Does ...
1
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1answer
42 views

Any advantages in terms of our location & East-West timing differences for self mining on a 100 th/s btc rig

I do live in india.. I believe that bitcoin mining rig owners are very lessaound us ..I read some where that we will be able to mine more bitcoins while the west or far-east sleeps..
-2
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0answers
20 views

As it time decipher in normal view? [closed]

As it          "time": 1400789570,          "timereceived": 1400789570       decipher in normal view?
7
votes
1answer
3k views

Fastest cryptocurrency

What cryptocurrency is the fastest in terms of reaching 100% transaction confirmation? I've found sites like this that show that Fastcoin is the fastest at 48 seconds. I think David Schwartz said ...
2
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1answer
115 views

Does Ripple use NTP?

Does Ripple use NTP or expect the nodes to do so? If not, why not? It seems that Ripple is a little more closed than your standard cryptocurrency, so this doesn't seem like an excessive demand.
4
votes
1answer
127 views

Is it possible (in some way or other) to expire a txout?

I read Contracts: Will this be possible? where part of the question related to expiring a transaction and one of the replies said that it would never be possible since it causes problems. ...
0
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1answer
263 views

Is there a minimum time to be mining a pool to have any results?

For example if mining with Deepbit is there a minimum time one must run cgminer to have anything added to their Deepbit account balance?
8
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3answers
1k views

How accurate is Bitcoin network time?

Have any observations been made to conclude the accuracy of Bitcoin network time? It would be interesting to know if NIST or any other authority has tracked the phenomenon.
4
votes
2answers
2k views

Are timestamps in transactions trustable?

I need to properly segment transactions by time. Are timestamps in transactions trustable? Can these be forged? I'm not sure if transaction timestamps are part of the protocol, but I'm particularly ...
2
votes
1answer
171 views

Is the time value in transaction or block information the time it arrived at my client? [duplicate]

Both transactions and blocks have a time field when you use Bitcoin's getblock or gettransaction methods. The API method list defines the transaction time as " time the transaction occurred". Is this ...
5
votes
3answers
9k views

How long does it take to download the blockchain? It's been over a day and still going

I'm a newbie to bitcoins, and need some help! I downloaded the Bitcoin client and installed it on my laptop. It is 'Synchronizing with the network' and has been doing this for over a day. Is this ...
8
votes
2answers
639 views

How old should be my bitcoins to send them again without transaction fee?

I'm making some test for a bitcoin merchant webpage. I want to test different actions without paying transaction fees everytime, but I can't since I use the same few bitcoins for everything. Sooo how ...
25
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2answers
2k views

How does Bitcoin figure out what time it is?

Bitcoin needs to know the current time in order to validate blocks. How does it decide that? Note that I'm talking about the Satoshi client specifically.