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Topic: Difficulty readjusting every 2 weeks? - page 2. (Read 2144 times)

sr. member
Activity: 268
Merit: 258
May 02, 2015, 12:21:07 PM
#2
If mining power drops down (for example because of a fork, but that's just an example) that would paralyze transaction confirmations. And just waiting for 15 days would not help since I assume the adjustment algorithm is based on number of blocks found.


Yes. It is based on the time it takes for 2016 blocks to be found and the target block time is about 10 minutes. This comes out to be a readjustment every 2 weeks to keep block times at 10 minutes.
member
Activity: 554
Merit: 11
CurioInvest [IEO Live]
May 02, 2015, 12:18:00 PM
#1
Anyone knows why this period was chosen?

Why was the readjustment period not made shorter ?

If mining power drops down (for example because of a fork, but that's just an example) that would paralyze transaction confirmations. And just waiting for 15 days would not help since I assume the adjustment algorithm is based on number of blocks found.

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