bitcoinThroughputAnalysis
solana
bitcoinThroughputAnalysis | solana | |
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16 | 288 | |
114 | 12,148 | |
- | 2.1% | |
0.0 | 9.9 | |
almost 3 years ago | 2 days ago | |
Python | Rust | |
- | Apache License 2.0 |
Stars - the number of stars that a project has on GitHub. Growth - month over month growth in stars.
Activity is a relative number indicating how actively a project is being developed. Recent commits have higher weight than older ones.
For example, an activity of 9.0 indicates that a project is amongst the top 10% of the most actively developed projects that we are tracking.
bitcoinThroughputAnalysis
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Future self custody road block?
I did an analysis a while back that concluded that we should be able to safely increase the block size to a degree where we can see a 5-10X increase in transactions per second in the next 15-20 years because of proposed scaling improvements and increased average machine resources.
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Why Proof-Of-Work Is A Superior Consensus Mechanism For Bitcoin
I agree. But that's unrelated to the points I was making.
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Simon Chandler's article on PoW and PoS at Business Insider is predictably misleading
Hileman is completely wrong here. Pretty sad to see the head of research at blockchain.com get this one so wrong. The choice of consensus protocol does not affect transaction throughput or "capacity" ("capacity" as far as I can tell is not different from throughput in this context). What affects transaction throughput is the size of your transaction data and the limits placed on the blocks that hold that data. You can increase the size of your blocks to increase throughput, but as a result you inherently increase the computing resources required to participate in the network. The larger your blocks, the fewer people will be able to participate, which is one kind of centralization pressure a blockchain can create for itself. Fundamentally, distributed consensus is limited by the speed of light and physical size of the network. There are many ways to increase throughput of a blockchain like Bitcoin's, but they all boil down to reducing the data per transaction or making it more acceptable to increase the amount of data allowed in a block.
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Do you think that the maximum blocksize limit will be ever increased?
I wrote a paper a while back on bitcoin throughput. Basically, we need as many people to run public full nodes as possible. Probably around 5 million would be enough. However currently we have orders of magnitude less than that. So until we have enough, we need to keep it easy to run a full node - as easy as possible.
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The Limits to Blockchain Scalability
Some really good points in there. Bottle necks are basically whack a mole. I wrote a related paper on scalability in the context of bitcoin: https://github.com/fresheneesz/bitcoinThroughputAnalysis
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Hal Finney sent this email only days after #Bitcoin was created. Mind you, a coin had no value at the time and cost $0.00. Something to think about...
If you want to discuss that, I'd be happy to. You might be interesting in reading this paper I wrote on the subject of blocksize and throughput: https://github.com/fresheneesz/bitcoinThroughputAnalysis
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Should we consider slowing bitcoin's inflation in order to reduce energy usage?
The number of public full nodes. Bitcoin still has only about 10,000 public nodes. An attacker would only have to spend $1 million per year to eat up all the public node bandwidth that is likely available. That's only $160k per month. If someone wanted to disrupt bitcoin, that's the way to do it.
- An Analysis of Bitcoin's Throughput Bottlenecks, Potential Solutions, and Future Prospects
- An analysis of Bitcoin's throughput bottlenecks
solana
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Projects to contribute to
Solana (9700 GitHub Stars) https://github.com/solana-labs/solana
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DuneAnalytics - A Guide to Solana for Ethereum Analysts
EIP Core standards: Changes to Solana’s core code go through “feature gates” in the Solana repo. Yes, it’s much less organized than the EIP pages you are used to, and a headache to understand or keep up with. A cost of the speed of development, I’m told.
- Rust Cryptography Should Be Written in Rust
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How Solana Ignores Security Best Practices
I visited the project on github (https://github.com/solana-labs/solana), and tried to get an overview of the ~800 open issues and ~100 open PRs.
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Top 10+ Blockchain Networks to look for in 2023
Solana
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Blockchains: Ethereum vs Solana vs Avalanche vs MultiversX (Elrond). What are the differences?
With the introduction of new and advanced blockchain platforms in the Web 3.0 scene, the narrative around Ethereum has slowly shifted towards its younger “Ethereum Alternatives”. Solana, Avalanche, and MultiversX (former Elrond) are some of the crypto blockchains that are given this terminology, as they share similar features but are comparatively cheaper and better than Ethereum.
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Helium Mobile
I understand this initiative is connected with Solana network [1] in some way?
[1] https://solana.com/
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Hacked for over $2 million on Solana DeFi Exchange Raydium
They do, actually: https://github.com/solana-labs/solana/security/policy
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Proof of History algorithm
Not sure I understand your question, but if you want the source code you can find it on github (https://github.com/solana-labs/solana)
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Solana Foundation just held the first-ever core dev community call with engineering teams from across the ecosystem, here's what was discussed!
Some topics that may be discussed in the next call include @ShinobiSystems Timely Vote Credits proposal (https://github.com/solana-labs/solana/blob/master/docs/src/proposals/timely-vote-credits.md), @elusivprivacy new built-in cryptographic operations to accelerate ZK verification (for privacy tech), and feature activation coordination standards.
What are some alternatives?
Bitcoin - Bitcoin Core integration/staging tree
opensea-js - TypeScript SDK for the OpenSea marketplace
bips - Bitcoin Improvement Proposals
solana-docker-mac-m1 - Docker config for Mac M1, to support development on Solana
cardano-node - The core component that is used to participate in a Cardano decentralised blockchain.
cosmos-sdk - :chains: A Framework for Building High Value Public Blockchains :sparkles:
mx-chain-go - ⚡ The official implementation of the MultiversX blockchain protocol, written in golang.
trezor-firmware - :lock: Trezor Firmware Monorepo
metaplex - A directory of what the Metaplex Foundation works on!
nano-node - Nano is digital currency. Its ticker is: XNO and its currency symbol is: Ӿ
Zilliqa - Zilliqa is the world's first high-throughput public blockchain platform - designed to scale to thousands of transactions per second.
mina-vrf-rs