I'd have assumed that the difficulty would have plummeted by now... Not having looked at the protocol to much, do we need confirmations for the difficulty to drop?
Guess I was hoping for easy coins while 95%+ of the network was "dead"
Regards,
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bsunau7
Yes, in all cryptocurrencies the "retargets" or difficulty adjustments need at least one block in order to be done. In our case, the next adjustment is about 137 blocks ahead. So I expect the difficulty drop a little (easy coins for everyone, blocks every 1 minute approx) and then recover at the following adjustment.