Difficulty Adjustment
Bitcoin’s periodic process for changing the proof-of-work target so average block production remains near the intended interval.Definition
Bitcoin’s periodic process for changing the proof-of-work target so average block production remains near the intended interval.Why it matters
Bitcoin-specific terms explain the architecture, monetary policy, and transaction model of the first major blockchain network.Related knowledge
- Bitcoin — term
- Mining — term
- Proof of Work — term
- UTXO — term
Canonical knowledge ID:
glossary:difficulty-adjustment