elective-stereophonic
elective-stereophonic
Nxt Forging Calculator

Nxt ForumSwitch to ArdorForum

Please login or register.

Login with username, password and session length
Advanced search  

News:

Latest Stable Nxt Client: Nxt 1.12.2

Author Topic: Nxt Forging Calculator  (Read 24001 times)

salsacz

  • Hero Member
  • *****
  • Karma: +239/-67
  • Offline Offline
  • Posts: 1762
  • NXT-R67P-6BZ2-XWAK-8RHZR
    • View Profile
Nxt Forging Calculator
« on: July 20, 2014, 05:08:42 pm »
A few weeks ago was introduced:
Nxt Forging Calculator (http://www.mynxt.info/forging_calculator.php)
Calculate how much you could forge! In NXT you forge instead of mining and how many blocks you can forge depends on how much NXT you have. Use this brand new calculator to find out how much you have forged.

More about other MyNxt tools at: http://nxtcoin.blogspot.com/2014/06/mynxt-online-wallet-now-be-trustless.html
Logged
Holidays are (almost) over, check more news at: Nxt Academy

mczarnek

  • Hero Member
  • *****
  • Karma: +68/-4
  • Offline Offline
  • Posts: 898
    • View Profile
    • Nxt Place - Craigslist for Nxt
Re: Nxt Forging Calculator
« Reply #1 on: August 06, 2014, 08:15:10 am »
I like this tool!

Hmm.. should be a way to determine what percentage of the network is actually forging.. if only 30% of the network is forging, then that means you will forge 3 times as often.  No way are 975,248,306 Nxt currently forging...
Logged
NXT Organization: Tech
Donations greatly appreciated: NXT-DWVJ-G89C-RHNL-6QW6Q

abuelau

  • Sr. Member
  • ****
  • Karma: +74/-1
  • Offline Offline
  • Posts: 461
    • View Profile
    • mynxt.info
Re: Nxt Forging Calculator
« Reply #2 on: August 06, 2014, 11:33:16 am »
Quote from: mczarnek on August 06, 2014, 08:15:10 am
I like this tool!

Hmm.. should be a way to determine what percentage of the network is actually forging.. if only 30% of the network is forging, then that means you will forge 3 times as often.  No way are 975,248,306 Nxt currently forging...

This is a good point, I raised this question back when the tool was launched but no one seemed to know and in my mind it's an outstanding topic.

I currently take the information from totalEffectiveBalanceNXT in the getState API. If this doesn't represent the total NXT forging, I have a few ideas on how to estimate that.
Logged

nexern

  • Sr. Member
  • ****
  • Karma: +83/-11
  • Offline Offline
  • Posts: 496
    • View Profile
Re: Nxt Forging Calculator
« Reply #3 on: August 06, 2014, 12:03:17 pm »
Quote from: abuelau on August 06, 2014, 11:33:16 am
Quote from: mczarnek on August 06, 2014, 08:15:10 am
I like this tool!

Hmm.. should be a way to determine what percentage of the network is actually forging.. if only 30% of the network is forging, then that means you will forge 3 times as often.  No way are 975,248,306 Nxt currently forging...

This is a good point, I raised this question back when the tool was launched but no one seemed to know and in my mind it's an outstanding topic.

I currently take the information from totalEffectiveBalanceNXT in the getState API. If this doesn't represent the total NXT forging, I have a few ideas on how to estimate that.

abuelau, you can follow this approach which is working fine so far.

https://nxtforum.org/general-discussion/nxt-is-not-trustless-and-premined-by-very-few-people-how-do-you-answer-that/msg69195/#msg69195

and here:

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

with some additional work and parameters, you could code a very precise forging calculator.
Logged

HCLivess

  • Hero Member
  • *****
  • Karma: +121/-47
  • Offline Offline
  • Posts: 521
  • Hardcore Gaming CEO
    • View Profile
Re: Nxt Forging Calculator
« Reply #4 on: December 11, 2014, 02:24:33 pm »
Hello, can you please update your tool? It seems not to work anymore, reports 0% probability on any amount.
Logged
Producing, Lending, Mining, Trading, Forging, Staking

abuelau

  • Sr. Member
  • ****
  • Karma: +74/-1
  • Offline Offline
  • Posts: 461
    • View Profile
    • mynxt.info
Re: Nxt Forging Calculator
« Reply #5 on: December 11, 2014, 03:09:59 pm »
Quote from: HCLivess on December 11, 2014, 02:24:33 pm
Hello, can you please update your tool? It seems not to work anymore, reports 0% probability on any amount.

Yes, we are going to fix it. Taking a bit longer than I would want, but it will be done. Sorry for the delay.
Logged

abuelau

  • Sr. Member
  • ****
  • Karma: +74/-1
  • Offline Offline
  • Posts: 461
    • View Profile
    • mynxt.info
Re: Nxt Forging Calculator
« Reply #6 on: December 17, 2014, 10:46:33 pm »
And FINALLY we have it fixed and improved! :)

We now have a novel way to calculate the total network forging power based on the previous 1000 blocks and the results are very accurate.

Take a look: http://www.mynxt.info/forging_calculator.php

enjoy!
Logged

Trinibits

  • Jr. Member
  • **
  • Karma: +5/-0
  • Offline Offline
  • Posts: 58
    • View Profile
Re: Nxt Forging Calculator
« Reply #7 on: December 23, 2014, 01:17:08 pm »
Many Thanks  :)
Logged

achim

  • Hero Member
  • *****
  • Karma: +50/-6
  • Offline Offline
  • Posts: 648
    • View Profile
Re: Nxt Forging Calculator
« Reply #8 on: December 23, 2014, 02:46:59 pm »
Quote from: abuelau on December 17, 2014, 10:46:33 pm
And FINALLY we have it fixed and improved! :)

We now have a novel way to calculate the total network forging power based on the previous 1000 blocks and the results are very accurate.

Take a look: http://www.mynxt.info/forging_calculator.php

enjoy!

Great! Is "Average fees generated per day" also an average of 1000 blocks?
Logged

abuelau

  • Sr. Member
  • ****
  • Karma: +74/-1
  • Offline Offline
  • Posts: 461
    • View Profile
    • mynxt.info
Re: Nxt Forging Calculator
« Reply #9 on: December 23, 2014, 05:18:45 pm »
Quote from: achim on December 23, 2014, 02:46:59 pm
Quote from: abuelau on December 17, 2014, 10:46:33 pm
And FINALLY we have it fixed and improved! :)

We now have a novel way to calculate the total network forging power based on the previous 1000 blocks and the results are very accurate.

Take a look: http://www.mynxt.info/forging_calculator.php

enjoy!

Great! Is "Average fees generated per day" also an average of 1000 blocks?

No, we use the 1000 blocks to figure out the total forging power of the network.

The average fees generated per day is done by looking at how many fees were generated in the last "x" days (need to check the exact amount) and then dividing the amount of blocks found per the same "x" days.
Logged

V0174

  • Newbie
  • *
  • Karma: +0/-0
  • Offline Offline
  • Posts: 8
    • View Profile
Re: Nxt Forging Calculator
« Reply #10 on: May 05, 2015, 10:06:39 am »
Hi,
the forging calculator doesn't work for me now. IE shows HTTP 500 error, Firefox just a blank page.
Is it just me?
Logged

Vyazhan

  • Full Member
  • ***
  • Karma: +20/-0
  • Offline Offline
  • Posts: 110
    • View Profile
Re: Nxt Forging Calculator
« Reply #11 on: May 06, 2015, 10:14:09 pm »
Quote from: V0174 on May 05, 2015, 10:06:39 am
Hi,
the forging calculator doesn't work for me now. IE shows HTTP 500 error, Firefox just a blank page.
Is it just me?

No, I get the same in Firefox.
Logged

abuelau

  • Sr. Member
  • ****
  • Karma: +74/-1
  • Offline Offline
  • Posts: 461
    • View Profile
    • mynxt.info
Re: Nxt Forging Calculator
« Reply #12 on: May 08, 2015, 10:01:16 pm »
Hi guys thanks for reporting this. It has now been fixed.
Logged

Vyazhan

  • Full Member
  • ***
  • Karma: +20/-0
  • Offline Offline
  • Posts: 110
    • View Profile
Re: Nxt Forging Calculator
« Reply #13 on: May 09, 2015, 06:14:09 pm »
Thanks for the quick fix :)
Logged

HCLivess

  • Hero Member
  • *****
  • Karma: +121/-47
  • Offline Offline
  • Posts: 521
  • Hardcore Gaming CEO
    • View Profile
Re: Nxt Forging Calculator
« Reply #14 on: June 09, 2015, 11:08:17 am »
Quote from: abuelau on May 08, 2015, 10:01:16 pm
Hi guys thanks for reporting this. It has now been fixed.
seems like theres still some problem, not running in Chrome
Logged
Producing, Lending, Mining, Trading, Forging, Staking

akamax03

  • Newbie
  • *
  • Karma: +0/-0
  • Offline Offline
  • Posts: 1
    • View Profile
Re: Nxt Forging Calculator
« Reply #15 on: March 22, 2018, 05:34:15 am »
Is this tool still available? The link here does not work.
Logged

VanBreuk

  • Hero Member
  • *****
  • Karma: +362/-19
  • Offline Offline
  • Posts: 2772
    • View Profile
Re: Nxt Forging Calculator
« Reply #16 on: March 22, 2018, 11:51:51 am »
Quote from: akamax03 on March 22, 2018, 05:34:15 am
Is this tool still available? The link here does not work.

It does work - https://mynxt.info/forging_calculator.php

Try to refresh and update either parameter (amount of NXT and deadline) to see the estimate.
Logged
GPG Fingerprint: B020 D1C1 F289 3B2C 3577  9EAD 455D D175 5913 C7F1
 

elective-stereophonic
elective-stereophonic
assembly
assembly