The network adjusts every 2016 blocks, that is coded in the p2p algorithms.
You can't predict exactly when a block will be solved. I can't even predict exactly when the next block will be solved. But we know how fast, approximately, the network is operating so we get pretty close.
See https://en.bitcoin.it/wiki/Difficulty
Topic: Difficulty - I don't get it - page 2. (Read 1647 times)
Can anyone please explain me?
So I read that every new block should appear after 10 minutes from the previous one.
And this is enforced by the difficulty.
So the difficulty is recalculated every few blocks , adjusting itself to the current hashing speed of the network, trying to reach 10min/block in the perfect case, which never happens...
Is this right?
Because if so it would imply that you cannot really predict an actual date when a specific block number would appear in the network.
Or can you?
So I read that every new block should appear after 10 minutes from the previous one.
And this is enforced by the difficulty.
So the difficulty is recalculated every few blocks , adjusting itself to the current hashing speed of the network, trying to reach 10min/block in the perfect case, which never happens...
Is this right?
Because if so it would imply that you cannot really predict an actual date when a specific block number would appear in the network.
Or can you?
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