The Bitcoin Podcast #307 – Dr. Muneeb Ali Blockstack
Dee and Corey in this roundtable answer a question from The Slack about Computer Time (You Should Join) and what makes an individual an expert. We have a great guest Dr. Muneeb Ali the CEO of Blockstack, who gives us a very in-depth understanding of network infrastructures.
Explainer: Timestamping Bitcoin
Blocks are produced roughly every 10 minutes.This is a statistical method two criteria for acceptance:
Can’t be more than two hours in the future compared to your computer’s time
Can’t be less than the median of last 11 blocks
Note: that this means you’d need to solve 6 of the past 11 blocks in order to affect this number