Blockchain Block Time

Blockchain Block Time is the average duration required for the network to validate a new block and commit transactions to the ledger. This interval is a fundamental constraint for any oracle system, as it determines the maximum possible speed at which price data can be updated on-chain.

If a protocol requires real-time pricing, the block time imposes a hard limit on how current that data can be, effectively creating a latency floor. Shorter block times allow for faster updates but often come at the cost of increased network hardware requirements or reduced decentralization.

Designers must account for this time when building systems that rely on timely price information for liquidations or trading.