3 ms·
The difficulty mechanism has proven to be the Achilles Heel in bitcoin's design and is responsible for the blocksize impasse as well as the waste of infinite CP
by cookiecaper 11y ago
The difficulty mechanism has proven to be the Achilles Heel in bitcoin's design and is responsible for the blocksize impasse as well as the waste of infinite CPU-millennia. I'm sure that more interesting negative effects will be observed before the project concludes.