The difficulty adjustment is a fundamental aspect of any blockchain protocol utilizing a Proof-Of-Work (PoW) consensus mechanism. Its primary objective is to maintain the block generation time close to a predefined target despite fluctuations in the network's hashing power. This mechanism is crucial in ensuring the stability of new coin creation rates over time, thereby enhancing the security of the network.

The network's resilience against attacks is closely linked to its hashing power. A network supported by significant hashing power from various sources inherently possesses greater security.

An efficient difficulty adjustment algorithm is essential for preserving the network's security and stability.