Question: If the block creation speed is increased in the Bitcoin network, a) the likelihood for fork formation increases b) the hash difficulty will be decreased

If the block creation speed is increased in the Bitcoin network,

a) the likelihood for fork formation increases

b) the hash difficulty will be decreased

c) the likelihood that a private key is compromised is increased

d) All of the listed choices

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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 Finance Questions!