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It basically just means that more time has passed since the last block than you normally see.
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Oh man. I learned sigma and the summation equation so I could understand the white paper a little better. Now you’re throwing lambda at me!?
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Well first off, I hope its obvious this whole thing is kind of a joke. It basically just means that more time has passed since the last block than you normally see. There's a conspiracy theory that Bitcoin could fall into a spiral in which difficulty is so high and hash rate so low that a new block would never be mined and the difficulty never reset. I'm basically just trying to poke fun at that here. ...potentially unsuccessfully.