Hi all,
I've been trying to figure out how difficulty calculators work. What I am trying to determine is if I can use any calculator based on the correct algorithm for different coins. e.g. using a standard Litecoin calculator for another Scrypt coin but adjusting the difficulty to match the coin I want to know about. Or does block time come into this as well?
Thanks,
Rit.
I believe as long as you can set a custom difficulty, it will work for all script coins. Difficulty is how the block time is set, the network just sets a higher difficulty for higher block time. Whether it's Litecoin, Dogecoin, or any other scrypt coin, difficulty of x will always take an average of y minutes for the network to process a block.