Difficulty adjustment in cryptocurrency

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Assalamualaikum steemians

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How are you? Hope so everyone would be safe and sound just like me as I am also safe Alhamdulillah.....

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Difficulty adjustments in cryptocurrency is one of the most interesting topic that I am going to share here alone with list of some particular and easy questions along with their answers so this is going to be a post with unique topic and with unique explanation.



In cryptospace difficulty adjustment as one of most significant role for maintenance of scalability and security of our particular network or blockchain specially those that was consensus mechanism proof of work like Bitcoin is a concept which gives surety related to process of mining that new blocks are adding with security and consistency









.jpeg)[Image source](https://www.pexels.com/photo/selective-focus-of-bitcoins-on-laptop-computer-5980738/)


Now here I am clearing multiple questions that can be extracted and can we deleted the very simple and basic concepts regarding this topic I am describing below;


**How mining relates to difficulty adjustment?**



Mining is a process in cryptocurrency world in which by passing through a series transactions are validity verified and into the network and blockchain so miners are those which all responsible for solving mathematical equations and for the solution of these puzzles so difficulty level also needs a lot of computational power for the solution of these puzzles so this is how difficulty adjustment is relating to mining process.


**Why difficulty adjustment is required?**


Most significant major and primary purpose of difficulty adjustment is in the maintenance of predictable rate of block creation so if we would feel that difficulty level is remaining constant and it is not changing then various issues related to it may raise. You can suppose that if there is too much difficulty then block creation process will be slow down so in this way transaction confirmation time would increase and it would be in delay and if difficulty level is very low then network would be more vulnerable to attacks also.




**What is working behind difficulty adjustment?**





From one cryptocurrency to another cryptocurrency mechanism which is behind difficulty adjustment can change but when I talk about general principle of it then it is to give surety related to block creation rate that would remain constant with the passage of time and by the periodic adjustment of difficulty based on total computational power which is required difficulty adjustment would be adjusted.




**What are factors affecting difficulty adjustment?**

When I talk about hashrate particular network then it is one of the most significant factor for determination of difficulty adjustment.With more mining and upgrading of mining equipment of a particular blockchain or network hash rate always increase so with the increase of it difficulty is also adjusted in our direction for maintenance of block creation rate in a consistent way. When I talk about miners that if they are living network or particular blockchain then computational power would reduce an in return we can also expect reduction rate and difficulty would adjust in this way in downward direction.













.jpeg)[Image source](https://www.pexels.com/photo/person-holding-gold-and-silver-coins-8369770/)








**What about frequency of difficulty adjustment?**




From one cryptocurrency to another cryptocurrency frequency of difficulty adjustment change so if I given example then for creation of every 2 thousand sixteen blocks difficulty level adjusted for minimum two weeks so this level of gap and interval gives surety about consistency of block creation rate even total hash rate of blocks in or any other network is also in fluctuation.




Cryptocurrencies are responsible for the maintenance of stability and security of network by adjusting difficulty level in dynamic way. block creation process becomes challenging give to it but it is also very helpful for prevention of any malicious actor which always try to manipulate the system of it as well as I just want to say that it was all about difficulity adjustment and basic explanation of it through giving answers of different questions so now I am hopeful that this topic is clear to all of you.








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Thanks

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