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I built an interactive demo of Bitcoin's difficulty adjustment to help visually explain how it works

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I built an interactive demo of Bitcoin's difficulty adjustment to help visually explain how it works

https://www.clementinemoney.com/proof-of-work/#demo-of-the-difficulty-adjustment

Demo of Difficulty Adjustment

Here's how to use it:

  • The target hash set by the bitcoin network can be any value along this axis.
  • There are 2^256 values along the axis (roughly equal to the number of atoms in the perceivable universe).
  • Green values represent valid proofs-of-work, because they're smaller than the target hash.
  • Remember: Generating hashes is just guessing numbers. It's completely random.
  • Sliding to the right decreases difficulty (more green = more possible valid hashes beneath target hash)
  • Sliding to the left increases difficulty (less green = fewer possible valid hashes beneath target hash)

Let me know what you think, appreciate any feedback

submitted by /u/ClementineMoney
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