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What percentage of forgers are permanently forging?  
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Author Topic: What percentage of forgers are permanently forging?  (Read 1227 times)

mczarnek

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What percentage of forgers are permanently forging?
« on: April 06, 2015, 09:40:48 pm »

Anyone have stastistics for the percentage of the network that is permanently forging? As in 24 hours a day 7 days a week for a few weeks at a time?
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Daedelus

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Re: What percentage of forgers are permanently forging?
« Reply #1 on: April 06, 2015, 10:08:12 pm »

There is only nexerns block explorer that gives you live data thst I know about. You'd have to log the info yourself over time. It has been between 41-46% in the 5-6 times I have looked in the last 2 weeks.
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mczarnek

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Re: What percentage of forgers are permanently forging?
« Reply #2 on: April 06, 2015, 10:56:15 pm »

There is only nexerns block explorer that gives you live data thst I know about. You'd have to log the info yourself over time. It has been between 41-46% in the 5-6 times I have looked in the last 2 weeks.

Thanks, do you have a link?
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Daedelus

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Re: What percentage of forgers are permanently forging?
« Reply #3 on: April 06, 2015, 11:00:03 pm »

There is only nexerns block explorer that gives you live data thst I know about. You'd have to log the info yourself over time. It has been between 41-46% in the 5-6 times I have looked in the last 2 weeks.

Thanks, do you have a link?

http://nxtexplorer.com/nxt/nxt.cgi?action=160

48% as I type :o
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jones

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Re: What percentage of forgers are permanently forging?
« Reply #4 on: April 07, 2015, 02:10:39 am »

There is only nexerns block explorer that gives you live data thst I know about. You'd have to log the info yourself over time. It has been between 41-46% in the 5-6 times I have looked in the last 2 weeks.

Thanks, do you have a link?

http://nxtexplorer.com/nxt/nxt.cgi?action=160

48% as I type :o

If we take the total consensus group of Bitcoin as the total computational power in the world, (because all of that power has the potential to be use in mining)
And we take the total consensus group of Nxt as the total amount of Nxt that could be forging, (because all those nxt have the potential to be used in forging)

If we compare the ratio of available mining potential to used mining potential, then we can compare how secure a system is (higher used/available means less available to be used to attack)

Bitcoin gives us around 600 MW of power used for mining (correct me if I'm wrong on that) and the total computational power available at the time is about 200GW (source: http://www.newscientist.com/blogs/onepercent/2011/10/307-gw-the-maximum-energy-the.html)
600,000,000 / 200,000,000,000 = 0.003 -> 0.3% of the possible energy is being put towards bitcoin.

And on the other side we have 48% with Nxt.

I have to say I like proof of stake :)

(and once we have TF, wont that technically make it 100%?)
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