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Question 1 Alice has implemented a change to the current Bitcoin specification that allows bitcoin blocks to be issued at a faster speed. Rest of
Question 1 Alice has implemented a change to the current Bitcoin specification that allows bitcoin blocks to be issued at a faster speed. Rest of the bitcoin specifications are unaltered. During testing Alice found that the percentage of blocks mined at various times are as follows: 10% of blocks issued at 3 minutes 30% of blocks issued at 4 minutes 40% of blocks issued at 5 minutes 20% of blocks issued at 6 minutes In Alice's system how long is one expected to wait (rounded up to the nearest minute) to ensure with a high probability that a mined transaction will be part of the true blockchain. 06 O 18 O 27 O 3 36 29 O None of the given choices Question 1 Alice has implemented a change to the current Bitcoin specification that allows bitcoin blocks to be issued at a faster speed. Rest of the bitcoin specifications are unaltered. During testing Alice found that the percentage of blocks mined at various times are as follows: 10% of blocks issued at 3 minutes 30% of blocks issued at 4 minutes 40% of blocks issued at 5 minutes 20% of blocks issued at 6 minutes In Alice's system how long is one expected to wait (rounded up to the nearest minute) to ensure with a high probability that a mined transaction will be part of the true blockchain. 06 O 18 O 27 O 3 36 29 O None of the given choices
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