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Understanding the “blocking time” field on Ethereum transactions
As you probably know, blockchain transactions are not automatically confirmed after initiating. Instead, they require a confirmation process from other users on the web to confirm and approve them. The concept of “blocking time” comes in here.
In Ethereum, each block contains many transactions that are connected by a series of shortcut links, known as a “block chain”. Each transaction is verified and confirmed by nodes on the web using complex algorithms and cryptographic techniques. After taking into account the transaction in the block, it is considered “blocked” or confirmed for 10 days (or the period specified in the “Block Time” field).
What does the lock time mean?
“Blocking block: 419382”, which you mentioned, refers to a specific block in blockchain Ethereum. The number before the URL is the block number itself, and the text PO provides more information about the block.
In this case, the “blocking time” refers to the period when transactions in this block were considered blocked or confirmed by other nodes on the web. As I mentioned earlier, the blocking time of each transaction is 10 days (or a specified number of days).
Interpretation of blockades
Understanding the locking times helps to move more effectively around the Ethereum ecosystem:
* Short lock times
: If the blocking time is short (e.g. 1 day), it means that the transactions have been confirmed in a certain period. This is relatively common, especially in the case of low value transactions.
* Longer lock times : If the blocking time is longer (e.g. 10 days or more), indicates that the transaction confirmation lasted longer. This may be due to various reasons, such as increased network overload, nodes problems or high demand on the web.
The best interpretation practices of blockades
When browsing Ethereum transactions, consider the following factors during the interpretation of locking times:
* Transaction value : Larger transactions often last longer to confirm.
* Network overload : High network activity can lead to slower times of transaction confirmation.
* Nodes problems
: knots or drafts in blockchain can affect transaction confirmation indicators.
Understanding the lock times, you will be better prepared to move around the Ethereum ecosystem and make conscious decisions about your transactions.