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Title: Why is the maximum target 00000000ffff00...00? Post by: codemojo on May 19, 2011, 01:25:47 PM This is probably a silly question, but why is maxtarget:
Code: 00000000ffff0000000000000000000000000000000000000000000000000000 Since sha256 hash has 32 bits, shouldn't the maximum possible target be: Code: ffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffff Title: Re: Why is the maximum target 00000000ffff00...00? Post by: gigitrix on May 19, 2011, 01:28:29 PM Yeah, but you'd be sending data with every single calculation.
Satoshi started it off to be "easy", but he didn't make it generate 50 coins per single hash! Title: Re: Why is the maximum target 00000000ffff00...00? Post by: codemojo on May 19, 2011, 02:06:39 PM Yeah, but you'd be sending data with every single calculation. Satoshi started it off to be "easy", but he didn't make it generate 50 coins per single hash! Thanks, I see now that the other calculations take the actual maximum into account: https://en.bitcoin.it/wiki/Difficulty (https://en.bitcoin.it/wiki/Difficulty) |