Jorge Timón [ARCHIVE] on Nostr: 📅 Original date posted:2011-11-23 🗒️ Summary of this message: Abandon target ...
📅 Original date posted:2011-11-23
🗒️ Summary of this message: Abandon target difficulty, nodes generate most difficult block possible. Listen for most difficult block generated before time T. Risk of cheating.
📝 Original message: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
> being
> 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).
Jorge Timón
🗒️ Summary of this message: Abandon target difficulty, nodes generate most difficult block possible. Listen for most difficult block generated before time T. Risk of cheating.
📝 Original message: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
> being
> 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).
Jorge Timón