Why the confirmation time of the Ethereum block should report as “estimated”

Ethereum lock confirmation time has been a frustration source for users and developers. A common criticism is that the estimated 10 -minute time is inaccurate, often taking hours or even days to confirm transactions. However, in this article, we will explore the reasons behind Ethereum’s current system and why it must report the block confirmation times as “estimated”.

The current system: a timeline of inaccuracy

In Ethereum, the block confirmation time refers to the amount of time between them, a transaction is the first by the blockchain network (known as “confirmation time”) and when it is actually confirmed. The current system is based on a timer that counts from 10 minutes starting when the transaction is the first. When the timer reaches 0 minutes, it changes to “unknown / never”.

Although this system has been in force for several years, it is clear that it is not reliable or precise enough. According to various reports and feedback from the community, block confirmation times are usually much longer than expected, sometimes take hours or even days to confirm.

Why the confirmation times of the block should report as “estimated”

So why should the Ethereum block confirmation times be reported as “estimated” instead of just 10 minutes? There are several reasons for this:

* Variability : Confirmation time may vary significantly, depending on activity levels and network congestion. When there is high demand or traffic, blocks can take longer to confirm, leading to inaccurate estimates.

* Uncertainty : Estimated confirmation time provides only an approximate estimate of when a block will be confirmed. In fact, real confirmation time can be much longer due to several factors such as network congestion, intelligent contract complexities and other technical problems.

* IMPROCISE REPRESENTATION : Simply reporting 10 minutes as “estimated” is not a precise representation of the situation. This implies that there is a predictable delay in the times of confirmation of the block, when, in fact, it can be much longer.

The benefits of reporting the confirmation times of the block as “estimated”

The confirmation times of the report block as “estimated” would have several benefits:

* Increased accuracy : By recognizing the variability and uncertainty associated with block confirmation times, users and developers can better plan their transactions and avoid waiting for blocks that will take a long time to confirm.

* User Enhanced Experience : Providing accurate estimates of block confirmation times can lead to a more perfect user experience as users can estimate when their transactions will be confirmed without frustration or anxiety.

* Better network optimization

: By recognizing the potential of variability and uncertainty in block confirmation times, networks can optimize your systems to minimize delays and ensure that blocks are confirmed quickly.

Conclusion

The current block confirmation time reporting system as “estimated” can be an inconvenient adjustment, but it is actually a crucial step in improving user experience, accuracy and network optimization. By recognizing variability, uncertainty and the potential for delay in block confirmation times, we can work to create a more efficient and reliable blockchain network.

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