Topic: Questions on Bitcoin (Read 676 times)
Perhaps you can find your answer here: https://en.bitcoin.it/wiki/How_bitcoin_works
A question on the bitcoin algorithm:
If i understand correctly, when too many coins are being mined, the difficulty of mining increases. But how is this difficulty enforced? What prevents a node from mining coins using an arbitrary difficulty?
If i understand correctly, when too many coins are being mined, the difficulty of mining increases. But how is this difficulty enforced? What prevents a node from mining coins using an arbitrary difficulty?
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