The difficulty adjustmentIn the context of Bitcoin's proof-of-work system, the difficulty is a relative measure on how difficult it is to correctly... Read More algorithm (DDA) regulates the mining difficultyMining difficulty is a unit of measurement used to indicate how difficult it is to find a hash below a... Read More of a blockchainA blockchain is a distributed database that is shared among the nodes of a computer network. Read More to keep it constant despite changes in hashing power on the blockchain networkA blockchain network is a decentralized system that allows for peer-to-peer transactions. The main components of a blockchain network are... Read More. The DAA ensures that miners consistently find blocksGroups of data within a blockchain. On cryptocurrency blockchains, blocks are made up of transaction records as users buy or sell... Read More at an even rate, regardless of sudden fluctuations in hashpower. In the BitcoinBitcoin is a cryptocurrency. It is a decentralized digital currency that is based on cryptography. As such, it can operate without the... Read More proof-of-workThe plugin doesn't mess with the featured image feature either, but allows WordPress and the theme we choose to hide/show... Read More system, “difficulty” is a relative measure of how hard it is to guess (correctly) a new block on the network using the performed mathematical equation. The difficulty of Bitcointesting out a lowercase version of this. Read More is adjusted periodically based on the amount of hashing power on the Bitcoin networkBitcoin network is the decentralized peer-to-peer network that powers the Bitcoin blockchain and processes all transactions on the blockchain. Read More (in other words, the computational power required to solve the complex mathematical problems necessary to verify transactions on the Bitcoin blockchainThe Bitcoin blockchain is a shared public ledger that records all bitcoin transactions. It is constantly growing as "completed" blocks... Read More) — the difficulty adjustment.
