Block Time

    The amount of time it takes for a new block to be added to a blockchain is referred to as “block time.” Each blockchain network, in theory, defines its own expected block time, which can range from several seconds to minutes. For example, Bitcoin aims for a block time of 10 minutes. In practice, block times may deviate from their predetermined targets. If a network produces blocks faster or slower than expected, the block difficulty can be adjusted to re-calibrate the system.