What Would Happen If the Bitcoin Network Difficulty Never Adjusted? ⎊ Path

What Would Happen If the Bitcoin Network Difficulty Never Adjusted?

If the difficulty never adjusted, the block discovery time would become highly unstable. As the hash rate increased over time, blocks would be found faster and faster, leading to rapid inflation and a breakdown of the 10-minute block schedule.

Conversely, a drop in hash rate would make block discovery too slow, paralyzing the network.

How Does a Sudden, Massive Increase in Hash Rate Affect the Immediate Block Discovery Time?

How Is the PoW Target Threshold Adjusted Dynamically?

What Is a “Hash Rate” and How Does It Affect the Difficulty Target?

How Is the ‘Difficulty’ of a Cryptocurrency Network Adjusted over Time?

How Does the “Difficulty Adjustment” Mechanism Protect the Blockchain from Rapid Hash Rate Fluctuations?

How Does a “Hash Rate” Differ from “Network Difficulty”?

How Does the Difficulty Adjustment Mechanism Respond to Changes in Total Network Hash Rate?

What Is the Role of a ‘Treasury’ in Managing a Token’s Inflation Rate?

Glossar

Bitcoin Network Difficulty

Adjustment ⎊ The difficulty parameter undergoes a programmed adjustment approximately every 2,016 blocks, designed to normalize the average block generation time to ten minutes.