Post
Topic
Board Development & Technical Discussion
Re: Difficulty! Do we really need it?
by
qdoop
on 15/10/2014, 00:14:29 UTC
...
btchris does not find any problem with using the number of initial zero bits as a measure of proof of work.
...

Please don't paraphrase what I said... what I said was "we already have a way to slow down hash generation: increase the difficulty. Keep in mind that difficulty is not a bit count [emphasis added], it's more finely granular than that."

In other words, I completely agree with deepceleron.


This is clear and thank you for clarifying! A bit shift modifies possibility by a factor of 2 (half or double it).
Just a question if you know for sure. When calculating the total difficulty of a chain we count the values of the actual hashes or the difficulty targets in the blocks?