Friday, 22 February 2019

Learning about Bitcoin - A quiz by Pieter Wuille

Assuming the Bitcoin hashrate is perfectly constant, and all blocks have exact timestamps (corresponding to the time they were mined). Which of the options below is closest to the expected time retargetting periods will take?

  • 2 weeks minus 10 minuts

  • 2 weeks

  • 2 weeks plus 10 minuts

  • 2 weeks plus 20 minutes

Original quiz here.

 

The answer is tricky, I didn't know it. Try to answer yourself before reading the full explanation.

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