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Topic: Questions on Bitcoin (Read 669 times)

Athenus (OP)

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Questions on Bitcoin

June 17, 2011, 02:57:17 PM
Last edit: June 17, 2011, 03:17:34 PM by Athenus

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?

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Re: Questions on Bitcoin

June 17, 2011, 02:59:57 PM

Perhaps you can find your answer here: https://en.bitcoin.it/wiki/How_bitcoin_works

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