Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [XJO] Joulecoin | SHA256 coin | NEW COIN | RELEASED
by
TheSpiral
on 22/09/2013, 10:31:11 UTC
Difficulty retargets every block (exponentially) based on last 160 blocks

Can you explain this retarget?
Thanks
I'd imagine it's like this:
Block 1 took 2 seconds to find
Block 2 took 3 seconds to find
Block 3 took 4 seconds to find
Total: 9 seconds/3 blocks = average of 3 seconds. Retarget would be based on that (with 160 blocks instead of 3, obviously)

Current diff update: 36

Independent by the network haspower???
So diff can only growth???
No....
The block target is 45 seconds. If they average is below 45 seconds, the difficulty will rise. If it is above 45 seconds, it will go lower. Right now, it is very fast, so it will rise until the time between finding blocks is 45 seconds.