[Bitcoin-development] Addressing rapid changes in mining power
timon.elviejo at gmail.com
Wed Nov 23 11:25:43 UTC 2011
2011/11/23, Andy Parkins <andyparkins at gmail.com>:
> Let's abandon the idea of a target difficulty. Instead, every node just
> generates the most difficulty block it can. Simultaneously, every node is
> listening for "the most difficult block generated before time T"; with T
> picked to be the block generation rate (10 minutes).
A miner could try to obtain more difficulty out of time and cheat its
reported datetime (T).
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