Slow Block Alert - DEPRECATED
THIS ENDPOINT HAS BEEN DEPRECATED AND WILL NO LONGER BE ACTIVELY MAINTAINED, UPDATED OR SUPPORTED
Alert Definition
Alerts if a block is taking an unusually long time to be mined.
Dictionary
Name | AlertID | Category | Sub-category | Type | Unit | Interval |
Slow Block Alert | time_inter_block_hi | Alert | Blockchain Alerts | N/A | Seconds | Ad hoc |
Interpretation
Blockchain protocols often feature a time interval target between blocks. That time is called inter block time. Bitcoin, for example, targets an inter block time of ten minutes. Inter block targets, such as Bitcoin's ten- minute rule, may differ considerably from actual inter block times. There is a multitude of factors that influence block times, including the number of miners currently online, the difficulty of mining a block, amongst other factors. Since Proof-of-Work mining is a Poisson process, it is impossible to predict when a block will be mined. Nevertheless, it is important to identify when inter block time is exceedingly long.
Potential Root Causes
Proof-of-Work Mining is a Poisson process. As such, there is a probability that slow blocks will occur even if network conditions are stable.
Slow blocks might be caused by a large portion of miners might going offline at once and decreasing the network's hashrate.
Asset Coverage
Bitcoin (BTC)
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