Question: How is the difficulty of proof-of-work mining adjusted as more nodes join the network, thus increasing the total computational power of the network? Describe the

How is the difficulty of proof-of-work mining adjusted as more nodes join the network, thus increasing the total computational power of the network? Describe the process in detail.

Step by Step Solution

3.52 Rating (152 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

As more nodes join or upgrade for that matter the computational power of the network increase... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Database System Concepts Questions!