Ethereum transaction unconfirmed after a few hours: understanding the time of the Ethereum block
Currently, a transaction has been initiated on the Ethereum blockchain, and the status of this transaction can be observed through different online platforms. Specifically, an Ethereum Transaction with Unique Details Is Available AT [ X/8ede5096427ABEA7D7829ABA85F491BB93D42A4F9AA9DBD25F6862958C3609C). This transaction was created a few hours ago, and the status of its execution is not currently unclear.
To understand why this transaction was unconfirmed after a few hours, it is essential to deepen in the time concept of the Ethereum block. In simple terms, Ethereum operates on a “lock time” system, which dictates how long each block lasts to process from the moment it is extracted until it is live online.
Ethereum’s block time is measured in seconds and can be broken down into several components:
* Block reward : The reward of the block is 15 ether (ETH) for each newly created block. This reward stimulates the miners to maintain the exploitation of new blocks, ensuring that the network remains safe.
* Time delay : The Ethereum network has a time delay of about 4 blocks between each new block creation. This means that once a new block is extracted, it can take anywhere from a few hours to a few days to process and become available online.
Given this context, we can understand why the transaction with unique details (8ede5096427aBea7829ABA85F491BB93D42A4F9AAA9DBD25F6862958C3609C) was unconfirmed after a few hours. According to the time concept of the block, 13.24 seconds is equivalent to about 4 blocks.
Why are these numbers important?
Delay of 13.24 seconds between each new block creation and online transaction availability serves several purposes:
* Confirmation of transaction
: Awaiting this block time, Ethereum ensures that transactions are not broadcast before being confirmed by the network.
* Network security : Delay helps prevent malicious activities, such as 51% double attacks or expenses, which can compromise the network security.
* Following transactions : This delay allows users to follow their transaction history and understand when sent.
Conclusion
The unconfirmed state of the Ethereum transaction with unique details is the result of its block concept. The delay of 13.24 seconds between each new creation of the block ensures that the transactions are not broadcast before being confirmed by the network, offering an additional layer of security and transparency for users. By understanding these concepts, we can better appreciate the complexities behind Ethereum’s decentralized blockchain technology.
additional resources
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- [ alan /tx.h#l128-l144) (Ethereum, full proof for a simple format of transaction)
As the Ethereum ecosystem continues to evolve, it is essential to remain informed about its complexities and shades. By understanding these concepts and their implications, we can work on building a safer, more efficient and transparent blockchain community.
