Ethereum Uncle Blocks Fall by 90%

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Summary

Uncle blocks in ethereum have dropped considerably since January 2018, down from just above 2,000 blocks a day to now only 250. There are indications that this might be beginning to change, but a revised roadmap that incorporates eth 1x is still lacking. Where ethereum 1x fits in this schedule is not very clear. Prioritization and Coordination Still Lacking The eth 2.0 schedule in many ways is irrelevant as far as eth 1x is concerned. Making it unclear when we might expect greater capacity in ethereum despite this significant fall in uncles.

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Uncle blocks in ethereum have dropped considerably since January 2018, down from just above 2,000 blocks a day to now only 250.

Improvements in the underlying protocol to increase propagation efficiency has been one contributing factor for this fall.

The drop in transaction numbers may be another. At the all-time high for uncles, ethereum was handling about 1.4 million transactions a day. Now it’s down to 400,000 transaction.

That’s a 3x drop, while uncle rates have fallen by close to 10x. Meaning that miners could now increase the gas limit to allow for greater capacity.

State Rent and Ethereum 1x

Despite the fall in uncle rates due to less blocks found at or near the same time, which would require for one of the blocks to sort of be discarded, miners have not increased the daily gas limit that puts a cap on transaction capacity.

That might be because an increase of the limit would increase the resources to run a node, including storage...

Read the full article @ TrustNodes