I'm not sure about it but I believe it's implemented in Bitcoin Core itself since the start. Blocks with a lower difficulty would get rejected by the reference client. Blocks are created by the miners who is solving complicated algorithm using specialised computer called Application Specific Integrated Chip(ASIC). They are designed for one thing, that is to mine Bitcoin. The backbone of Bitcoin network is the Bitcoin Core itself. Not everyone who lost their money had it back, most didn't. Also, he have a big negative trust rating.
I forgot to add: blocks would be faster if hashrate increases after the difficulty adjustment.
Okay, now there mayy be millions of miners in the network, how is it that no two miner's solve a block at the same time. If it is how are numbers given, each is block is identified by it's own number isn't it.
A lot of people here believe its value needs to be far, far higher than it is now if it's to be genuinely useful. That being a possibility, squandering it might fill you with regret a few years down the line.
It has the potential to change the way a lot of things are done, sending money abroad, online commerce, automated contracts that don't require lawyers, and there are many possibilities that we haven't even thought of yet. It's a very young technology.
Yes, I'll think of it.
And as I said in first post, I just take payments and get it converted to PP on boards.
Currently I have no other use. I'm not a programmer or a coder.
But yes, I do look forward to having an increase in it's price.
for eg. in last month it rose to $340 now (circle, not preev)
also this brings another question.
Why is price on circle different than on preev?
