bitcoin-dev

Double Exponential Hash Rate Growth and Difficulty Adjustment

Double Exponential Hash Rate Growth and Difficulty Adjustment

Original Postby Anders

Posted on: December 19, 2024 20:00 UTC

The message highlights a proposed solution within the Bitcoin development community that stands out for its simplicity and effectiveness, notably avoiding the complexities associated with a hard fork.

This approach is noteworthy for its potential to address issues or implement updates in the Bitcoin protocol without the divisive process of creating a new blockchain version that not all users might adopt. The conversation stems from discussions on the "Bitcoin Development Mailing List," a platform subscribed to by individuals interested in the ongoing development and improvement of Bitcoin's underlying technology. This forum serves as a crucial space for sharing ideas, solutions, and challenges faced by developers working on enhancing Bitcoin's functionality and security.