I do not know that much about Crypto Currency. But as far as I understand:

  • Whenever a new block is mined a list of transactions is executed. This means transaction speed depends on the rate with which new blocks are mined. What is that rate for Monero?
  • Difficulty of the proof of work algorithm to mine new blocks is adjusted to keep the rate as constant as possible
  • ride@monero.townEnglish
    1·
    3 days ago

    As a rule, the transaction is in the next block within one to three minutes. There is a good chance that it will be faster than two minutes. However, it can also happen that you have to wait two minutes or even a little longer until the transaction has been recorded in a block. Based on experience, 30 seconds to 1 minute 30 seconds.