4 ms·

Chia is famously decentralized when using “number of nodes” as the measure and yet is missing from this list.

1024wq 4y ago
Chia currently has 123398 full nodes https://dashboard.chia.net/d/em15uQ47k/peer-info?orgId=1 https://dashboard.chia.net/d/em15uQ47k/peer-info?orgId=1
- dbv1 4y ago
  Massive premine on Chia, didn’t know that. I have a hard time believing that many nodes are reachable, there are probably about that many users in general, if that. Looking at the latest dozen blocks right now, they’re completely empty.
  - mjmj 4y ago
    Their software runs a full node and a wallet, so most users are a node by default (if I’m not mistaken) and rewards are double for the first couple years. You can run their software and just about anything, low powered CPU’s, pi’s, NAS, etc. So I don’t doubt their numbers are too far from the truth, esp considering how much China supports them. Nodes have been slowly dropping over time as the crypto boom cycle has died down. As far as real transactions, they’ve got a way to go. Just releasing NFT support a few months ago.
    - 1024qw 4y ago
      In the beginning everyone had to run a full node even if they weren’t farming (in Chia instead of mining it’s 2 stages, first plotting and then farming) but earlier this year Chia released a new light wallet which doesn’t run a full node. Now it should be mostly actual farmers that run full nodes. Chia currently has 22 EiB of netspace which would be more than 1.5 million of 14 TB hard drives.
      - schlauerfox 4y ago
        They made a pooling protocol too to avoid the issue bitcoin had with centralization of the big pools.
      - donmezgel 4y ago
        So is this 120k nodes are validating/producing/verifying the blocks?
  - 1024qw 4y ago
    Chia Network explains the reason for the prefarm and how it’s going to be used in their whitepaper https://www.chia.net/assets/Chia-Business-Whitepaper-2022-02-02-v2.0.pdf https://www.chia.net/assets/Chia-Business-Whitepaper-2022-02... Also worth checking about Chia Network projects with WorldBank and InternationalFinanceCorporation for carbon credits market https://www.chia.net/2022/08/17/bringing-transparency-and-efficiency-to-carbon-markets.en.html https://www.chia.net/2022/08/17/bringing-transparency-and-ef... about some real use that is launching very soon.
guilhas 4y ago
Chia sounds like the biggest lost opportunity ever. Why not use the drives for cloud storage? Destroying a lot of HDDs and SSDs for nothing
- schlauerfox 4y ago
  it doesn't destroy disks anymore than datacenter use destroys disks.
  - mjmj 4y ago
    And in reality much much less than a Datacenter would. Once plot files are written they use a cache to look up their hashes. The utility of those files on the other hand are a whole different conversation.
- TheDudeMan 4y ago
  Chia probably represents about 0.01% of the data in the world (I'm extrapolating from old info -- https://rivery.io/wp-content/uploads/2020/03/a-day-in-data2.jpg https://rivery.io/wp-content/uploads/2020/03/a-day-in-data2....). The process of plotting the data is strenuous on SSDs. You might kill an SSD if you are plotting a petabyte or so. But if you are that serious, you can plot in RAM (or just eat the cost, which is insignificant compared to the cost of a petabyte). The process of farming/mining doesn't stress HDDs in the slightest. To the OP, why isn't Chia in this list?
- redox99 4y ago
  Probably the same reason PoW is wasted on "useless calculations" instead of calculating protein folding or whatever. Because these useless calculations have cryptographic properties (one way functions) that make the process secure. Useful calculations instead of just calculating a simple hash function would either be risky in term of future security (because of unknown properties), or outright insecure.
  - rhodorhoades 4y ago
    Completely off topic and not really relevant to your comment buuutttt Banana coin’s ‘POW’ is based off protein folding and contributing to medical research. It’s a joke and you aren’t enabling consensus but you are getting banana emissions for ‘noble causes’, which I found was fun and regularly run it when I go to sleep.
deleted 4y ago
[deleted]

Chia currently has 123398 full nodes https://dashboard.chia.net/d/em15uQ47k/peer-info?orgId=1 https://dashboard.chia.net/d/em15uQ47k/peer-info?orgId=1

dbv1 4y ago
Massive premine on Chia, didn’t know that. I have a hard time believing that many nodes are reachable, there are probably about that many users in general, if that. Looking at the latest dozen blocks right now, they’re completely empty.
- mjmj 4y ago
  Their software runs a full node and a wallet, so most users are a node by default (if I’m not mistaken) and rewards are double for the first couple years. You can run their software and just about anything, low powered CPU’s, pi’s, NAS, etc. So I don’t doubt their numbers are too far from the truth, esp considering how much China supports them. Nodes have been slowly dropping over time as the crypto boom cycle has died down. As far as real transactions, they’ve got a way to go. Just releasing NFT support a few months ago.
  - 1024qw 4y ago
    In the beginning everyone had to run a full node even if they weren’t farming (in Chia instead of mining it’s 2 stages, first plotting and then farming) but earlier this year Chia released a new light wallet which doesn’t run a full node. Now it should be mostly actual farmers that run full nodes. Chia currently has 22 EiB of netspace which would be more than 1.5 million of 14 TB hard drives.
    - schlauerfox 4y ago
      They made a pooling protocol too to avoid the issue bitcoin had with centralization of the big pools.
    - donmezgel 4y ago
      So is this 120k nodes are validating/producing/verifying the blocks?
- 1024qw 4y ago
  Chia Network explains the reason for the prefarm and how it’s going to be used in their whitepaper https://www.chia.net/assets/Chia-Business-Whitepaper-2022-02-02-v2.0.pdf https://www.chia.net/assets/Chia-Business-Whitepaper-2022-02... Also worth checking about Chia Network projects with WorldBank and InternationalFinanceCorporation for carbon credits market https://www.chia.net/2022/08/17/bringing-transparency-and-efficiency-to-carbon-markets.en.html https://www.chia.net/2022/08/17/bringing-transparency-and-ef... about some real use that is launching very soon.

guilhas 4y ago

Chia sounds like the biggest lost opportunity ever. Why not use the drives for cloud storage? Destroying a lot of HDDs and SSDs for nothing

schlauerfox 4y ago
it doesn't destroy disks anymore than datacenter use destroys disks.
- mjmj 4y ago
  And in reality much much less than a Datacenter would. Once plot files are written they use a cache to look up their hashes. The utility of those files on the other hand are a whole different conversation.
TheDudeMan 4y ago
Chia probably represents about 0.01% of the data in the world (I'm extrapolating from old info -- https://rivery.io/wp-content/uploads/2020/03/a-day-in-data2.jpg https://rivery.io/wp-content/uploads/2020/03/a-day-in-data2....). The process of plotting the data is strenuous on SSDs. You might kill an SSD if you are plotting a petabyte or so. But if you are that serious, you can plot in RAM (or just eat the cost, which is insignificant compared to the cost of a petabyte). The process of farming/mining doesn't stress HDDs in the slightest. To the OP, why isn't Chia in this list?
redox99 4y ago
Probably the same reason PoW is wasted on "useless calculations" instead of calculating protein folding or whatever. Because these useless calculations have cryptographic properties (one way functions) that make the process secure. Useful calculations instead of just calculating a simple hash function would either be risky in term of future security (because of unknown properties), or outright insecure.
- rhodorhoades 4y ago
  Completely off topic and not really relevant to your comment buuutttt Banana coin’s ‘POW’ is based off protein folding and contributing to medical research. It’s a joke and you aren’t enabling consensus but you are getting banana emissions for ‘noble causes’, which I found was fun and regularly run it when I go to sleep.

deleted 4y ago

[deleted]