📅 Original date posted:2011-11-23
🗒️ Summary of this message: Nodes generate the most difficult block they can, while listening for the most difficult block generated before time T, with T being the block generation rate.
📝 Original message:On 2011 November 23 Wednesday, Jorge Timón wrote:
> 2011/11/23, Andy Parkins <andyparkins at gmail.com>:
> > Let's abandon the idea of a target difficulty. Instead, every node just
> >
> > generates the most difficulty block it can. Simultaneously, every node
> > is listening for "the most difficult block generated before time T";
> > with T being
> > picked to be the block generation rate (10 minutes).
>
> A miner could try to obtain more difficulty out of time and cheat its
> reported datetime (T).
Just as with the current system.
The defence is that on receipt of a block, its timestamp is checked against
the node's own clock and averaged network clock. Blocks out of that band are
rejected.
Andy
--
Dr Andy Parkins
andyparkins at gmail.com
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Andy Parkins [ARCHIVE] /
npub1nx…7wjrv
2023-06-07 02:41:04
in reply to nevent1q…zj36
Author Public Key
npub1nxlvf9mj3jzgue25n5d9y47s3h5hvg0ded9hwpejdxj9mtrs34vs97wjrvSeen on
wss://relay.nostr.bandPublished at
2023-06-07 02:41:04Event JSON
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"content": "📅 Original date posted:2011-11-23\n🗒️ Summary of this message: Nodes generate the most difficult block they can, while listening for the most difficult block generated before time T, with T being the block generation rate.\n📝 Original message:On 2011 November 23 Wednesday, Jorge Timón wrote:\n\u003e 2011/11/23, Andy Parkins \u003candyparkins at gmail.com\u003e:\n\u003e \u003e Let's abandon the idea of a target difficulty. Instead, every node just\n\u003e \u003e \n\u003e \u003e generates the most difficulty block it can. Simultaneously, every node\n\u003e \u003e is listening for \"the most difficult block generated before time T\";\n\u003e \u003e with T being\n\u003e \u003e picked to be the block generation rate (10 minutes).\n\u003e \n\u003e A miner could try to obtain more difficulty out of time and cheat its\n\u003e reported datetime (T).\n\nJust as with the current system.\n\nThe defence is that on receipt of a block, its timestamp is checked against \nthe node's own clock and averaged network clock. Blocks out of that band are \nrejected.\n\n\nAndy\n-- \nDr Andy Parkins\nandyparkins at gmail.com\n-------------- next part --------------\nA non-text attachment was scrubbed...\nName: signature.asc\nType: application/pgp-signature\nSize: 198 bytes\nDesc: This is a digitally signed message part.\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20111123/87748873/attachment.sig\u003e",
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