Bitcoin Forum
December 17, 2017, 07:47:35 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Questions on Bitcoin  (Read 561 times)
Athenus
Newbie
*
Offline Offline

Activity: 7


View Profile
June 17, 2011, 02:57:17 PM
 #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?
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
ibisy70
Member
**
Offline Offline

Activity: 70


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:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!