Bitcoin Forum
December 04, 2016, 08:37:24 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: Anyone else excited about difficulty decrease?  (Read 2791 times)
phelix
Legendary
*
Offline Offline

Activity: 1680


nmc:id/phelix


View Profile
August 17, 2011, 01:05:06 PM
 #21

Jumping miners created a real problem for Namecoin at the moment, they mined out previous set in 3 days when difficulty was low. After correction, network hash rate dropped 10 times leaving network with mining rate of 83 minutes per block, and the next correction projected to happen in late November. When or if bitcoin becomes relatively weak to sum of alternative networks, then I think Gavin would have to change protocol so it will adjust difficulty much more frequent. I think we will see jump in bitcoin network hash rate right after next difficulty correction, and then decline after correction after the next.
I think i0coin retargets after 2016 blocks or after two weeks without retargeting. They should put that into namecoin.

blockchained.com ■ bitcointalk top posts
1480883844
Hero Member
*
Offline Offline

Posts: 1480883844

View Profile Personal Message (Offline)

Ignore
1480883844
Reply with quote  #2

1480883844
Report to moderator
1480883844
Hero Member
*
Offline Offline

Posts: 1480883844

View Profile Personal Message (Offline)

Ignore
1480883844
Reply with quote  #2

1480883844
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480883844
Hero Member
*
Offline Offline

Posts: 1480883844

View Profile Personal Message (Offline)

Ignore
1480883844
Reply with quote  #2

1480883844
Report to moderator
Ten98
Full Member
***
Offline Offline

Activity: 201



View Profile
August 18, 2011, 03:28:00 PM
 #22

When or if bitcoin becomes relatively weak to sum of alternative networks, then I think Gavin would have to change protocol so it will adjust difficulty much more frequent.

Unlikely in extremis.
Pages: « 1 [2]  All
  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!