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How does Litecoin's "Difficulty Adjustment Algorithm" work?

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The Difficulty Adjustment Algorithm in Litecoin is designed to ensure that new blocks are mined approximately every 2.5 minutes. This algorithm adjusts the mining difficulty of the network based on the total computational power (hash rate) being used to mine Litecoin. If the network's hash rate increases, the difficulty of solving the cryptographic puzzles required to mine new blocks also increases. Conversely, if the hash rate decreases, the difficulty decreases as well. This adjustment mechanism helps to maintain a consistent block time and ensure the security and stability of the Litecoin network.
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