Hi, I have a doubt regarding the pos difficulty? How exactly work and means for staking? For example, from get info yesterday difficulty was 84 an today 94. How those values change and affect staking? Could someone explain to me? Thank you
How POS difficulty works and means?
@cryptonite Reddcoin uses ‘Kimoto Gravity Well’ to calculate and adjust the difficulty value. The value is calculated for each block, and the difficulty value is adjusted so that the target is maintained of 1 minute per block
What causes this to adjust is the change in hashing (staking).
As the number of coins online staking increases, hashing also increases, and the difficulty value will adjust upwards to compensate. When the number of staking coins decreases, the adjustment will be lower value.