Bitcoin Forum
July 18, 2018, 07:24:45 AM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
   Home   Help Search Donate Login Register  
Pages: [1]
Author Topic: Difficulty resets to ZERO after each block is found.  (Read 936 times)
Sr. Member
Offline Offline

Activity: 476
Merit: 250

View Profile
September 24, 2014, 02:37:14 AM

Is it possible to make a cryptocurrency with the Difficulty resets to ZERO after each block is found? This way, difficulty will never reach an insane level like Bitcoin's difficulty of 29+ Billion.

                                           ▄▄▌██▀▀╚  ╓██╩██                     
                                     ▄▄███▀▀╙      ▄██  ▓█                     
                               ▄▌███▀▀+          ▄█▀   ▐█                       
                        ,▄▌███▀▀¬              ▓█▀     █▄                       
                  ,▄▌███▀▀                  ,██▀      █▌                       
               '█████▌▄▄,                 ╓██╩       ██                         
                  ▀██▌▐▀▀▀█████▌▌▄▄╓    ▄██¬        ▄█                         
                     ▀██▄        ╚▀▀▀████          ▐█═                         
                        ▀██▄        ▓█▀██          █▀                           
                           ▀██▄  ,██▀   █µ        ██                           
                              ▀███Z     ██       ██                             
                                ▐██     ▐█      ▄█                             
                              ,,╓╓█▓▄▌   █▌    ▐█U                             
                        º▄▓▓▓▓▓▓▓▓▓███   ▀█    █▌                               
                          ▀█▓▓▓▓▓████▀█▌  █▌  ██                               
                            ▀███████▌  ▀█µ▀█ ██                                 
                              ▀█████     ███▓█                                 
                                ▐███      ▀██Ñ                                 

The World's Betting Exchange

Bet with play money. Win real Bitcoin. 5BTC Prize Fund for World Cup 2018.

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

Posts: 1531898685

View Profile Personal Message (Offline)

Reply with quote  #2

Report to moderator
Offline Offline

Activity: 16
Merit: 0

View Profile
September 24, 2014, 02:39:10 AM

Maybe you don't quite get how Bitcoin actually works. Without an ever increasing difficulty, the block time would not be regulated at 10 mins average. The 10 minute time is important to give all nodes a chance to receive messages across the Internet, p2p, and catch up with the blockchain. Of course, you also want to keep the creation of new coins regulated.
Offline Offline

Activity: 1414
Merit: 1004


View Profile
September 24, 2014, 04:10:08 AM

yes, and you would have near infinite orphan blocks if there was any hashpower. oh and infinitesimally short blocktimes as every hash was valid.
ps coins dont start at 0 diff, at zero diff i am assuming every hash would be valid?

$MAID & $BTC other than that some short hodls and some long held garbage.
Offline Offline

Activity: 14
Merit: 0

View Profile
September 24, 2014, 08:19:01 AM

Technically, bitcoin's difficulty could hit nearly 0 (not quite 0, afaik). All'd we have to do is remove ALL miners from the entire network, and only solve one block every few weeks. Eventually, after 15+ years, difficulty would readjust and be close enough to 0.

Curious here, instead of resetting the difficulty to 0, why even have a difficulty? Just make it the same hashing algorithm, and each hash is a reward. Simple as that. Then again, blocks would be found at a crazy rate unless the hashing method would be super intensive (32k rounds of sha256, another 64k rounds of bcrypt anyone? Then the results of 16k sha256 rounds added up together to create a single hash).
Hero Member
Offline Offline

Activity: 510
Merit: 500

View Profile
September 24, 2014, 10:50:29 AM

There was this DynamicCoin with a very interesting POW approach:

Proof of work
   Algo: scrypt
   Block reward: scales with network difficulty
   Max height: 28800 (max 10 days) (after this network will not accept PoW)

Basicly he made it so that you got always the same amount of coins for your mining power independent of the total mining power of the whole net.

A very interesting concept.

However it seems that this concept lead to multiple forking and consequently self destruction of the Coin before it ever reached the block height of 28800.
From Above
Hero Member
Offline Offline

Activity: 686
Merit: 520

View Profile
September 24, 2014, 10:52:23 AM

can u reset the difficulty in my life to Zero with each block found ?

i'd pay for that


Pages: [1]
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!