01-08 23:13 - 'You're not very smart, are you? There are five different development teams working on Bitcoin Cash. It's not centralized. It wasn't premined (although there wasa problem with difficulty adjustment causing blocks to be...' by /u/Jonathan_the_Nerd removed from /r/Bitcoin within 35-45min
''' You're not very smart, are you? There are five different development teams working on Bitcoin Cash. It's not centralized. It wasn't premined (although there wasa problem with difficulty adjustment causing blocks to be generated too quickly). Its advantage over other altcoins is that it's nearly a drop-in replacement for Bitcoin. ''' Context Link Go1dfish undelete link unreddit undelete link Author: Jonathan_the_Nerd
05-27 09:26 - 'That's a misconception. The fees *will* cover the costs because the difficulty will drop and revenue will increase until enough miners leave to bring revenue in line with cost. / The real problem is that the cost of mining may not...' by /u/sos755 removed from /r/Bitcoin within 4-9min
''' That's a misconception. The fees will cover the costs because the difficulty will drop and revenue will increase until enough miners leave to bring revenue in line with cost. The real problem is that the cost of mining may not be sufficient to protect the network from a 51% attack, and the root of that problem is a tragedy-of-the-commons. Hopefully, in the next several years, miners will come up with a way to manage the max block size in order to maximize total fees. ''' Context Link Go1dfish undelete link unreddit undelete link Author: sos755
Im Bitcoin-Netzwerk herrscht ein Konsens über den aktuellen Stand aller Konten. Alle Teilnehmer sind sich einig, welche Transaktion passiert ist und welche nicht. Wenn die Block-Zeit zu kurz ist, kann es passieren, dass nicht alle Teilnehmer rechtzeitig vom neuen Block gehört haben. Gerade wenn die Größe der Blöcke steigt, kann dies, bei mangelnder Bandbreite, zu einem Problem werden. Im ... Bitcoin scalability problem exists because of the limits of the maximum amount of transactions the bitcoin network can process. It is a consequence of the fact that blocks in the blockchain are limited to one megabyte in size. So, the current blockchain size is 1 MB, the blockchain scalability problem takes place to be. Bitcoin blocks carry the transactions on the bitcoin network since the ... Difficulty is re-calculated every 2016 blocks to ensure blocks are found every 10 minutes on average. As more computers attempt to mine Bitcoin Core (BTC) and increase the Hash Rate, the difficulty will increase. If the Hash Rate decreases, difficulty will decrease. Dies ist ein Henne-Ei-Problem. Um den Bitcoin-Preis zu stabilisieren muss sich eine große Ökonomie mit mehr Unternehmen und Benutzern entwickeln. Um eine große Ökonomie zu entwickeln, erwarten Unternehmen und Benutzer Preisstabilität. Glücklicherweise besitzen die Schwankungen keinen Einfluss auf die Hauptvorteile von Bitcoin als Zahlungssystem zum Transfer von Geld von Punkt A nach ... difficulty_1_target can be different for various ways to measure difficulty. Traditionally, it represents a hash where the leading 32 bits are zero and the rest are one (this is known as "pool difficulty" or "pdiff"). The Bitcoin protocol represents targets as a custom floating point type with limited precision; as a result, Bitcoin clients often approximate difficulty based on this (this is ...
On this episode of the BCH Coffeehouse Livestream, the topic revolves around Improving the Difficulty Adjustment Algorithm in Bitcoin Cash. Featured guests include: Jacob Elisosoff Tom Harding ... In this video I explain how to fix the stale / invalid share which is a common problem for beginners when crypto coin mining. I explain what causes stale / i... Ich bin ein Blockchain, Bitcoin & Ethereum Enthusiast und betreibe neben diesem Youtube Channel auch noch einen Blog im Bereich Blockchain und Kryptowährunge... This video is unavailable. Watch Queue Queue The Bitcoin Cash difficulty adjustment algorithm (DAA) was activated in a rush on Nov 13, 2017 to fix some extreme mining profitability and hashrate swings that occurred starting August 1st.