Re: Solidcoin's Coin Maximum to be Reached within 6 mo. to 2 yr.
Here is why Solidcoin will mature much faster than 2022:
Example:
Say the unprofitable difficulty is at 16,000.
So in 12 hours the network could reach 4,000 difficulty.
Example:
Say the unprofitable difficulty is at 16,000.
So in 12 hours the network could reach 4,000 difficulty.
See that's where you're wrong!
A difficulty 16000 down to 4000 would mean a drop off at least 400% in hashing power. This means the 12 hours would blow out to 48 hours and 3 minute blocks now become 12 minute blocks (at least).
Now you see why SolidCoin is so stable ? And thanks again for selling so low.
Still not seeing your math dude. It takes 12 hours to bring the difficulty down by max 400%. But it can take a few weeks depending on the hashing power to get the difficulty back up. Now getting the difficulty back up is where the blocks get generated thus increasing the supply immensely.
Didn't you also say there are 2 daily difficulty adjustments? Then how would 12 hours blow out to 48 hours?
It is either 240 blocks or 12 hours for readjustment, not 48 hours. Or did I read your website wrong? LOL