More

    Now All Your Ethereum Node Metrics Need Can Be Met Through NodeStats

    There has been a growing interest in metrics to quantify the growth of dynamic data pertaining to nodes, servers, and more. To meet these needs, TokenAnalyst collaborated with BitMEX Research to launch NodeStats.org.

    NodeStats connects to five Ethereum nodes every five seconds to provide up to the second metrics covering the computational resources being used by each node. Notably, the press release announcing the new site identified a bug in the Ethereum Parity full node, with an apparent 12-day delay to fully sync with the main chain.

    It stated,

    “While analyzing some of the metrics, we may have identified issues with respect to the integrity of the data reported by the nodes, which may be of concern to some Ethereum users. Nodestats.org was produced in collaboration with TokenAnalyst, who are BitMEX Research’s Ethereum network data and analysis partner. While the slow initial sync is a potential problem, at least for this system setup, the Ethereum network has not yet reached a point where the node cannot catch up, as the sync is faster than the rate of blockchain growth.”

    There are three primary objectives of NodeStats:

    • To offer people metrics related to the computational efficiency of various Ethereum node implementations. These metrics can be in the form of CPU usage, memory usage, peer count, bandwidth, and storage space, among other things.
    • To provide precise data on resource requirements between running different node software. For example, the website offers a comparison between resource requirements between running Ethereum node software and that of other coins, such as Bitcoin (BTC), and Litecoin (LTC), among others.
    • NodeStats also aims to extract data that could help analysts and intelligence firms gauge the strength of the Ethereum peer-to-peer network and its transaction processing speed. This can be achieved by collecting data from various Ethereum nodes and then processing that data to check whether the nodes have processed data blocks fast enough to remain at the tip of the chain. It is also possible that data blocks are treated in a sluggish manner that leads to nodes being out of sync for a large period of time.

      At the very least, BitMEX states the early analysis indicates initial sync issues may be a greater concern for the Ethereum network, rather than post-sync issues like block propagation. Nodestats itself is set to receive multiple features as the site grows. Throughout the coming months, BitMEX and TokenAnalyst will add charts and tools for analyzing longer-term trends, create fork detection systems, and develop calculation methodologies to make the site less reliant on what nodes are reporting.

    Today's Bitcoin (BTC) Price Prediction Plus ETH, XRP and BCH Chart Analysis

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Sritanshu Sinha
    Sritanshu Sinha
    Sritanshu has a keen interest in emerging technologies, startups and economic anthropology. He holds the view that cryptocurrencies are the best bet humanity has got to push the world towards a borderless economy.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    3,262FansLike
    2,714FollowersFollow
    4,095FollowersFollow

    Live Bitcoin Price & Latest BTC Chart News

    Today's Latest Crypto News

    After Passing Strict Regulatory Standards, Zipmex Crypto Exchange Granted License by Thai SEC

    The Asia-Pacific crypto-fiat exchange Zipmex has been given a digital assets exchange license by the Thai Securities and Exchange Commission (SEC). As stated in a...

    South Korea Might Re-Categorize Cryptocurrencies, Imposing A 20% Tax On Gains

    South Korea one of the most progressive nation in terms of evolving technology adoption might impose a 20% tax on crypto gains in the...

    Does Peter Schiff Losing His Bitcoin Reveal the Shortcomings of The Technology?

    As gold proponent Peter Schiff loses his BTC because he didn’t remember to keep his seed phrase, CT tore into him for forgetting his...

    Popular Trader Sees Bitcoin Heading to $5,000 After the Bearish Ambush

    Bitcoin went down hard from $9,200 to $8,550, altcoins followed except for BSV & XTZ If BTC reclaims $8,900-$9,000, $9.5 next or low...

    Tezos Foundation Launches ‘Free Giveaway' Faucet Of XTZ To Boost Development

    Breaking into the top 15 largest crypto's list, Tezos (XTZ) a staking token, is once again back in the spotlight after the Tezos Foundation...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.