DWELL
While electricity itself moves fast, it takes time for the changing magnetic fields in the coil to develop the full potential current and voltage. This is a way of saying that the induced voltage (stepped up voltage) does not develop instantaneously. To keep things simple, let's think of the coil as an energy storage device that can be "charged up" and "discharged" in a manner similar to a battery. It takes time for the coil to charge to its full potential, a condition we will call saturation. Similarly, it takes time for the coil to discharge some quantity of its electrical energy as it fires a spark plug.
The time that the ignition system gives to the coil for charge-up is called "dwell." With a points ignition system, dwell is fixed and is measured in terms of degrees of distributor rotation, typically 30 degrees for V8 engines, which is 60 degrees at the crankshaft. As engine speeds go up, the crank rotates faster and faster, and quite obviously it takes less time to spin through 60 degrees of crankshaft displacement. Therefore, the higher the engine speed, the less time is allowed for coil charge-up between spark firings for all inductive ignition systems.