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mjmj | 3 years 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.

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1024qw|3 years 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|3 years ago

They made a pooling protocol too to avoid the issue bitcoin had with centralization of the big pools.

donmezgel|3 years ago

So is this 120k nodes are validating/producing/verifying the blocks?