I suggested something like this in the discussion forum
https://bitcointalksearch.org/topic/why-not-increase-the-number-of-block-mined-1370906
https://bitcointalksearch.org/topic/why-not-increase-the-number-of-block-mined-1370906
Thanks
Topic: Transaction Count Up -> Hashrate Down ? (Read 617 times)
Thanks
Just wondering about that (maybe this was already discussed than pls ignore):
Would it be possible and make sense to correlate the recommended hashrate to the actual transaction count in the que, so that it will enable to create blocks faster in times of high volume and makes it impossible to mine empty blocks?
Would it be possible and make sense to correlate the recommended hashrate to the actual transaction count in the que, so that it will enable to create blocks faster in times of high volume and makes it impossible to mine empty blocks?
It is impossible to know how many transactions are in everyone else's queue. You can only know how many transactions are in your queue.
If your queue doesn't exactly match every other queue in the world, then your difficulty won't match theirs and there will be no way for them to know if you chose a valid difficulty for your block.
Yes I know that. But could be a proper solution not be to allow a miner to reach the new threashold ( lowerd by transaction count* somefactor) earlier than compared to now? Than every node can validate that and miners would pack block with more tx? Keeping mainly same 10min on day average...
Just wondering about that (maybe this was already discussed than pls ignore):
Would it be possible and make sense to correlate the recommended hashrate to the actual transaction count in the que, so that it will enable to create blocks faster in times of high volume and makes it impossible to mine empty blocks?
Would it be possible and make sense to correlate the recommended hashrate to the actual transaction count in the que, so that it will enable to create blocks faster in times of high volume and makes it impossible to mine empty blocks?
It is impossible to know how many transactions are in everyone else's queue. You can only know how many transactions are in your queue.
If your queue doesn't exactly match every other queue in the world, then your difficulty won't match theirs and there will be no way for them to know if you chose a valid difficulty for your block.
I suggested something like this in the discussion forum
https://bitcointalksearch.org/topic/why-not-increase-the-number-of-block-mined-1370906
https://bitcointalksearch.org/topic/why-not-increase-the-number-of-block-mined-1370906
Just wondering about that (maybe this was already discussed than pls ignore):
Would it be possible and make sense to correlate the recommended hashrate to the actual transaction count in the que, so that it will enable to create blocks faster in times of high volume and makes it impossible to mine empty blocks?
Would it be possible and make sense to correlate the recommended hashrate to the actual transaction count in the que, so that it will enable to create blocks faster in times of high volume and makes it impossible to mine empty blocks?
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