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How is a naive back-ward looking algorithm a "success of this magnitude". Some thinking about it and any experience in modelling time-series would lend someone
by eterm 13y ago
How is a naive back-ward looking algorithm a "success of this magnitude".
Some thinking about it and any experience in modelling time-series would lend someone to put in something that predicts the difficultly of the next 2016 blocks (with some damping so that it doesn't oscillate on a constant signal) rather than using a value derived from the previous 2016.
- codeulike 13y agoHe didn't mean that bit of the algorithm was a success, he meant that the 2016-block algorithm was failing because adoption has been so strong.
- knowaveragejoe 13y ago"Adoption" in this case being ASICs coming online...
- eterm 13y agoBut adoption doesn't affect this, in fact it was more strongly negatively affected in 2010 when adoption was overall lower.