After hard forks Constantinople average time of finding blocks in Ethereum fell to a historic low

The average time of finding blocks in Ethereum after the recent hard forks Constantinople, which was postponed activate the bomb complexity, fell to 12.5 seconds, although some time ago was 21 seconds. This is the lowest indicator for all time of existence of the network, says Trustnodes.

Data: Etherscan

At the same time, Hasrat network much change in the last few weeks has not undergone.

As you know, with a reduction of the total computing power finding units usually takes more time, as miners operating at the same level of difficulty is less. With the growth Hasrat mathematical calculations easier, but this period lasts only until the next recalculation of the complexity of mining.

As to the bombs of complexity, it represents an algorithm which is slow but exponential increase in difficulty after a certain block. At some point this reaches the point where mining becomes virtually impossible.

Taking into account this factor the Ethereum network and plans for the future go to algorithm Proof of Stake (PoS), however, this transition, apparently, will not happen quickly, and for some time, there will be parallel work chains and PoS Proof of Work (PoW).

In connection with the delay in the transition to PoS bomb of Ethereum has been postponed twice, and after the first such case the average residence time of the blocks fall to 13.5 seconds, and then again rose to around 14-15 seconds.

A faster detection of blocks also means that a slight increase in daily emissions: if, immediately after upgrading Constantinople it fell to 12 800 ETH, now the figure is about 13 600 ETH. It is expected that in the future the level of daily emissions stabiliziruemost in the area of 13 000 ETH.

Following a serious reduction in daily emissions is expected with the activation circuit PoS Beacon that can occur at the end of this year.

We will remind, earlier it became known that after the successful upgrade of Constantinople leading developers of Ethereum began to search for new coordinators for future upgrades of the network.

Source

Scroll to Top