j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckM<div class="post"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=1790.msg28937#msg28937">Quote from: creighto on December 10, 2010, 07:11:28 PM</a></div><div class="quote">Also, why on Earth would a BitDNS want a blockchain that updates every 10 minutes? Why not an hour instead? Or every minute? Why be chained to the cycles set for another purpose? It's less than ideal from the beginning.<br/></div><br/>This is indeed something that can be tweaked, but the issue has to do with network latency, which is independent of the purpose for which the "currency" was created. 10 minutes is a guess that has worked out pretty well. Yes, it could be longer or shorter. Shorter intervals increase hash collisions from multiple "miners" and a longer intervals decrease those collisions. 10 minutes is also something tolerable on average to somebody used to using computers, certainly if you have experienced sending information and expecting a reply by e-mail. Domain registrations in particular may take a day or so for processing, depending on the registrar and the method of payment, so anything less than a 10 minute interval seems like a waste of effort.<br/><br/>In short, the reasons why 10 minute intervals would apply to Bitcoin apply equally well to any other peer-to-peer cryptocurrency with what other applications are using similar principles.</div> text/html
https://whatsonchain.com/tx/bca3e1676e4e11437cde91ecb4a976d88b1c0a85bbf4136c5570cef342ab4070