Block time vs transaction speed

Electra Protocol is a layer-1 blockchain ecosystem and the world’s fastest decentralized blockchain. Every now and then users wonder how a block time of 80 seconds and instant transactions fit together.

The answer to that question is that the block time means the transaction will be registered and written into the blockchain within 80 seconds. This is why one can see almost instantly an incoming transaction as “pending”, the transaction then moves to your available balance at the new block generation, which might take up to 80 seconds.

A block time of 80 seconds means that the 1st block confirmation might take up to 80 seconds. The upcoming and specially-designed validator nodes functionality will change this behaviour entirely. Validator nodes are scheduled to be released in the 2nd half of 2022 (see roadmap) and will instantly lock the transaction in the network without being confirmed yet (making the transaction also instantly confirmed).

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