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Block Time Across Major Blockchains | by Chainspect | The Dark Side | Dec, 2023

by Index Investing News
December 24, 2023
in Cryptocurrency
Reading Time: 3 mins read
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The Dark Side

Block time is the time it takes for a blockchain to produce a new block.

After a block is successfully produced, it appears on the ledger and extends the blockchain.

Block time determines the speed of transaction confirmation, and thus influences the transactions per second (TPS) rate.

Block time differs for every blockchain. Some allow faster block times than others. Depending on the blockchain, a new block can be mined in a matter of seconds, or it can take a few minutes.

Here are the block time metrics for the most popular blockchains. You can also check them on our dashboard.

Blockchain — Block Time

1. Hedera — 2s
2. Solana — 0.43s
3. BNB Chain — 3.05s
4. Polygon — 2.12s
5. Arbitrum — 0.25s
6. Ethereum — 2.12s
7. Bitcoin — 9m 43s
8. Algorand — 3.35s
9. Optimism — 2s
10. Celo — 5s
11. Base — 2s
12. Telos — 0.49s
13. Fantom — 1.13s
14. Avalanche — 2.05s
15. Gnosis Chain — 5.1s
16. Cronos — 5.6s
17. Polkadot Relay Chain — 6.06s
18. Tron — 3s
19. Starknet — 1m 44s
20. Scroll — 3.06s
21. Polkadex — 11.99s
22. Zeitgeist — 12.48s
23. IntegriTEE — 12.05s
24. Crust — 12.42s



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Tags: BlockBlockchainsChainspectDarkDecMajorsideTime
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