Epoch 257 – Decentralisation

Statistics for Epoch 257

Estimated number of blocks : 5.9

Block Allocated : 3

Blocks Produced : 3

Luck* : 50%

Blocks Predicted for the Next Epoch: 7

Community-driven stake pools are producing all blocks and this is the first epoch where block production is completely decentralised! Still work to be done on how nodes on the network discover other nodes (peers) and this is being worked with P2P – Peer to Peer which should release in the next few months.

For this epoch there is not much to report. As predicted we were allocated three blocks and produced all that were allocated. For the next epoch we are allocated seven blocks which is slightly above expected which is nice after a few below average epochs recently.

We have one new delegator so welcome to you but as expected after a few epochs where we have been allocated fewer than expected blocks we have lost quite a few delegators as they go elsewhere to chase gains. It is expected that you will have some bad and some good epochs but still it is tough to see them leave as us smaller pools have a tough fight against those with more stake as the fixed fee hurts our return on investment figures. We hope some changes in the future will help us out and as usual we continue in this for the long term and always look to produce every block allocated to ensure we offer the best returns we can to our delegators.

Well until the end of the next epoch we hope you have a great time and we will be back with a short update then.

* – Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.