I understand what difficulty does and how it works, but not WHY we need it. I understand that without changing difficulty, the speed with which a block is found is proportional to the number of miners, so instead we change the difficulty to counteract changes in number of miners (and thus keep the time between blocks roughly the same).What I don't understand is.....Why do we want a consistent block time?Why is it a bad thing if we had faster blocks due to more miners?I often see the block size debate, but instead of changing block size, couldn't we change block time to process more transactions in the same amount of time?Thanks for the explanation!
Submitted April 23, 2020 at 02:50PM
No comments:
Post a Comment