How to solve the difficulty adjustment issue? It took a block 85 MINUTES (yes, nearly an hour and a half!!!!) earlier today. Likely because of the difficulty adjustment getting too high and staying there while miners shut off due to high costs and low block rewards....
<!-- SC_OFF --><div class="md"><p>How to solve this? How about a more frequent difficulty adjustment mechanism? How about make it adjust &quot;on the fly&quot; instead of once every 2 weeks? Think about it - there&#39;s a LOT that can happen in 2 weeks&#39; time, guys. A BUNCH. Miners can shut off and go offline, geopolitical events can snowball and cause major disparities, and it&#39;s not all that surprising mathematically, that there could be 85 minute long blocks. Which slows down the entire network and makes transacting slow and costly. </p> <p>We need to find a solution to this if we ever want to be the world reserve currency!!! Ideas?</p> </div><!-- SC_ON --> &#32; submitted by &#32; <a href="https://www.reddit.com/user/RonPaulWasR1ght"> /u/RonPaulWasR1ght </a> <br/> <span><a href="https://www.reddit.com/r/Bitcoin/comments/y6et7l/how_to_solve_the_difficulty_adjustment_issue_it/">[link]</a></span> &#32; <span><a href="https://www.reddit.com/r/Bitcoin/comments/y6et7l/how_to_solve_the_difficulty_adjustment_issue_it/">[comments]</a></span>
