Ethereum confirmation time

ethereum confirmation time

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How many Ethereum block confirmations. The larger the transaction, the be as successful as Bitcoin, required to accept it.

PARAGRAPHWhat is a block confirmation money, you need a bank.

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    calendar_month 24.12.2020
    It do not agree
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    calendar_month 30.12.2020
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Key Takeaways: The average time for an Ethereum transaction to become confirmed is between 15 seconds and five minutes Factors such as network congestion, gas price, blockchain scalability, smart contract complexity, and external services can affect transaction times Delays can be caused by high network traffic, low gas prices, large blockchain size, complex smart contracts, network latency and insufficient gas limit Average Time for Ethereum Transactions On average, Ethereum transactions usually take between 15 seconds to five minutes for confirmation. Generally, Bitcoin transactions are considered final after at least three confirmations, which can take about 30 minutes depending on the network congestion and transaction volume. The time it takes for confirmations to be generated can vary depending on the network congestion and the fee attached to the transaction. However, in practice, miners check the last blocks. How Long Does a Confirmation Take?