Question
Bitcoin's target inter-block interval is set for 10 minutes via regular difficulty adjustments. What would be the downsides if the interval were to be set
Bitcoin's target inter-block interval is set for 10 minutes via regular difficulty adjustments. What would be the downsides if the interval were to be set for 10 seconds instead?
a There would be no downsides, transactions would be included in the blockchain faster.
b There would be more and longer temporary blockchain forks, making each individual confirmation less secure and wasting mining power.
c The size of the blockchain would increase faster, since more blocks would be produced, some of them empty.
d Transaction propagation speed would decrease since each miner needs to verify transactions against more blocks.
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