Post
Topic
Board Altcoin Discussion
Re: Solidcoin's Coin Maximum to be Reached within 6 mo. to 2 yr.
by
smoothie
on 23/08/2011, 10:42:37 UTC
It is either 240 blocks or 12 hours for readjustment, not 48 hours. Or did I read your website wrong? LOL

It's ok, I can help you with the math. 240 blocks is only 12 hours when running at 3 minute blocks.

If hashing power is balanced at say 1 million diff and blocks are at 3 minutes and all of a sudden hashing power drops to 250K then to readjust it's going to take 4 times longer. ie 48 hours. Hope that helps. Good luck with your future trades.


Ahh I see. Thanks for the clarification.

Although I still see that difficulty adjustments may take longer than you expect.

Ixcoins has bout 213 blocks to readjustment and their hourly rate of block generation is 0.333 blks/hr.

So they will have a 26.6 day readjustment period on 213 blocks.

240 blocks at those low rates may turn out to be longer depending on how profitable it is to mine them. Judging from the past with other block chains, solidcoins will likely have long difficulty adjustments even with 240 blocks per period.

 Grin