this post was submitted on 25 Aug 2023

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Monero

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monero confirmation time increasing? (hackertalks.com)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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Weird experience. I'm used to the 20 minute confirmation time. I just did a transaction and it's confirming very slowly, almost 30 minutes now for 10 confirmations.

Was there some protocol change?

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[–] [email protected] 2 points 1 year ago

as the price of XMR dips, the miners reduce, and the hashrate reduces

and difficulty takes some time to adjust, hence confirmation times are longer. I don't remember the exact numbers off the top of my head but it is not instantaneous.