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Author Topic: bitcoin cash difficulty algroithm update failed !!!  (Read 184 times)
mcfit84
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November 14, 2017, 08:19:14 PM
 #1

Hi,

yesterday we had the difficulty update on bitcoin cash.

I think the shot went backwards. Only 2 or 3 Blocks mined each our.

https://cash.coin.dance/blocks


Bitcoin cash update to the moon! Great! No shot the update to the mars!
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Anonylz
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November 14, 2017, 08:21:32 PM
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But i dont know how it is going to affect the price, bitcoin cash was supposed to do an incredible pump yesterday, and it is still quiet on $1200 - $1350, and it is not moving.
The whole thing from bitcoin cash is now going to be discovered, if it has some developers, then i am sure that they will go to jail because of all this thing that they have created.
And they had one of the most fastest blockchains, i dont know why their difficulty is now increasing, this is good for all the bitcoin holders.

fasttrackfuture
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November 14, 2017, 09:08:58 PM
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I think the shot went backwards. Only 2 or 3 Blocks mined each our.


And 7 - 8 blocks during some hours.

In fact, as of writing this, it has mined 161 blocks in the past 24 hours, which should correct down to 144.

Since the algorithm (DAA) takes a block around 144 blocks ago into account, it's going to take a while for it to smooth it out. Block -144 was still affected by pre-fork fluctuating difficulty adjustment algorithm (EDA). Constant miner migration between BCH/BCC also isn't making it easy.

I'll give it a few days to stabilize.


cryptogeek101
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November 14, 2017, 09:40:49 PM
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But i dont know how it is going to affect the price, bitcoin cash was supposed to do an incredible pump yesterday, and it is still quiet on $1200 - $1350, and it is not moving.
The whole thing from bitcoin cash is now going to be discovered, if it has some developers, then i am sure that they will go to jail because of all this thing that they have created.
And they had one of the most fastest blockchains, i dont know why their difficulty is now increasing, this is good for all the bitcoin holders.


I saw it coming, that's why I have to quickly sell my Bitcoin cash yesterday with a loss to move out of the market. They have a whole lots of insincere characters in the Bitcoin cash project. I wonder how they want to survive. Up Bitcoin!

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calibra
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November 17, 2017, 06:04:56 PM
 #5

I think they have to update the difficulty algorithm again.
Sometimes miner mine more than 20 blocks in an hour, for example:
504522 - 2017-11-17 10:01    
504547 - 2017-11-17 10:55

Sometimes hardly one block in an hour:
504584 - 2017-11-17 15:51
504585 - 2017-11-17 16:34    
504586 - 2017-11-17 17:34

The Cash Dev team is definitely professional!  Grin
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