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Question 51 - CBSA discussion

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The block creation time is set to how many minutes in Bitcoin?

A.
1
Answers
A.
1
B.
10
Answers
B.
10
C.
120
Answers
C.
120
D.
100
Answers
D.
100
E.
15
Answers
E.
15
F.
150
Answers
F.
150
Suggested answer: B

Explanation:

Remember, that the block creation time is set to 10 minutes and this can never change. So after a fixed time of approximately 2 weeks or exactly 2016 blocks the difficulty is re-adjusted. Increase in difficulty means target decreases.

Reference: https://medium.com/all-things-ledger/decoding-the-enigma-of-bitcoin-mining-f8b2697bc4e2

asked 16/09/2024
Ahmed Dawoud
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