Re: [14000Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB

Quote from: Biodom on October 28, 2015, 02:25:16 AM

Quote from: Luke-Jr on October 28, 2015, 02:21:32 AM

If luck were measured with ignorance to stale blocks (which they are not on Eligius), then it should average 100% over the long run (which may be several years). Once stale blocks are excluded, 100% long-term-average becomes impossible.

OK, what is the most realistic number after a year: 98, 99%?
Alternatively, is 92-94% after a year low or as expected?

Well, I guess 1-2% stale rates are reasonable over the long run. Though, Eligius has had too many of those during the last two weeks, add luck to that, and you'll see why the % is so low.

The good thing about Eligius is that it pays block fees towards the share log, which is a good sweetener Wink

At some point in the future, I guess, fees will be enough to compensate for orphan/stale blocks, and maybe more.