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RE: Gridcoin V8 difficulty and what it tells you
Few correction.
What you refer to hash
in your article, is not hash of the block header, It is proofHash, calculated by hashing Kernel. If the hash
would be hash of header, we would have a PoW coin. Components of the kernel, read Stake V8 wiki article.
Second, are you sure that diff
if maxTarget/target
, I did not know how the difficulty value was calculated until now.
Your formula for calculating the amount of coins staking will be very useful in next development, especially to calm down @erkan. Please post your formula to Github, so it is not lost!
Thank you for your research, you did a great job!