Bitcoin Forum
May 24, 2024, 03:23:14 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Questions on Bitcoin  (Read 669 times)
Athenus (OP)
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
June 17, 2011, 02:57:17 PM
Last edit: June 17, 2011, 03:17:34 PM by Athenus
 #1

A question on the bitcoin algorithm:

If i understand correctly, when too many coins are being mined, the difficulty of mining increases. But how is this difficulty enforced? What prevents a node from mining coins using an arbitrary difficulty?
ibisy70
Member
**
Offline Offline

Activity: 88
Merit: 10


View Profile
June 17, 2011, 02:59:57 PM
 #2

Perhaps you can find your answer here: https://en.bitcoin.it/wiki/How_bitcoin_works
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!