Forex Bitcoin Forum

Bitcoin Forex Forum

  • Forex Games
  • Forum
  • Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
      Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
    Results 1 to 2 of 2

    Thread: Bits field vs actual difficulty?

    1. #1 Collapse post
      sashavich04 is offline
      Senior Member sashavich04's Avatar
      Join Date
      Jan 2018
      Posts
      601
      Thanks
      0
      Thanked 26 Times in 21 Posts
      SubscribeSubscribe
      0

      Bits field vs actual difficulty?

      In BTC, each block has a Bits field with a rounded representation of the actual difficulty, which was calculated from the last 2-week adjustment.

      Why do blocks have this Bits field in it?
      Everything else about blocks feels like they are calculated whenever possible, keeping things compact with no redundant data.

      Doesn't having a less precise version of the true difficulty cause problems? What happens when a new block is generated, which is valid according to Bits, but is not good enough to meet the true difficulty?

      I am confuse.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    2. The Following 2 Users Say Thank You to sashavich04 For This Useful Post:

      Unregistered (2 )

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •