How fast does difficulty adjust?
How fast does the difficulty adjust when there is a huge increase in hash rate? Hypothetically, lets say somebody brings enough rigs online to increase the network hash rate by 20% does the difficulty instantly adjust to this? Looking at the difficulty chart at
https://ubiq.darcr.us/ it appears that it adjusts gradually over time. I started thinking about this after seeing the hash rate chart here
http://www.ubiq.cc/hashrate It shows pretty large spikes and then large drops.
The Ubiq team built what is called the Flux algorithm.
You can see the github there. Feel free to pop into the Discord chat for real time discussion. The goal is to bring blocks in line with the 88 second window.