Post
Topic
Board Pools
Re: [30+PH] Kano CKPool kano.is 0.9% PPLNS US,DE,SG,JP,NL
by
philipma1957
on 11/11/2016, 22:30:32 UTC
The block was found 20 seconds. After the previous block.

Since 10 minutes is normal time 600 to 20 = 30 to 1
30 x 43kb = about 1.3 mb
Since 1 mb is top size and 1/30 of it is 33.3kb.
So a 20 second block should be 33.3kb.
So Kano had a large block  with 43 kb once time is factored in
Of course, and if any block will be found in 5 min after the previous one, it would be at .65 MB? It can't be true.

I gave a simple version. Since actual transactions can be slower or faster then 1mb/600 sec.

I just did an average. It is more complicated .

But I could explain it better in a pm if you like.

Short answer is max transactions cap around 700000 per day

Actual trans actions are around 280000 per day.

Smallest transaction size is 225 need to check that
.

Also average rate can speed up or down.

Let me leave this iPad



Strike all of the above....  


think of a block  like a subway train.

so  a train comes late   more people on the platform  (waiting transactions)     the train fills up.  lot more transactions.

so a new train comes early platform has not had a chance to fill up less transactions.


other factors are it is rush hour and the platform fills faster.  this can do a few things in the bitcoinworld.  you may need a big fee or have to wait for the next few trains.


another factor  big transaction vs little transaction.  or 600 pound men vs 70 pound girls.

suppose a lot of girl scouts get on a platform  that would be a small size transaction

this is  a girl scout size

https://blockchain.info/tx/52246b9640fa303cee7f0eef3857b84a6f8e71428793f76343cbec3fc0e8315a

but if the platform is full of and over eaters that tried out for

http://www.tlc.com/tv-shows/my-600-lb-life/

this is a giant 600 pound man  transaction.

https://blockchain.info/tx/d27f8761f3918d056679aa09c524adc18c80853314cc058e4d386a71c0da7221

kano block 20 second after
https://blockchain.info/block-height/438455

this f2 block
https://blockchain.info/block-height/438454


Block Height 438455 Blocks at depth 438455 in the bitcoin blockchain
Summary
Height   438455 (Main chain)
Hash   000000000000000003a4e97a13d2cf360fe144f5ff4dfe25d99cedb93f2375cf
Previous Block   0000000000000000016fe906f4a3f77e97ecf986d2316c53c647fbddde654b8c
Next Blocks   0000000000000000035370512f1f32e3476339402e29895060c319d0c6d710b9
Time   2016-11-11 21:45:19
Difficulty   254,620,187,304.06
Bits   402936180
Number Of Transactions   137
Output Total   278.61036349 BTC
Estimated Transaction Volume   53.31577629 BTC
Size   43.522 KB
Version   536870912
Merkle Root   357fa96f70ff3d63ab145b47507b1d7a5802a42704acf2713110615bc98b07b0
Nonce   1060860658
Block Reward   12.5 BTC
Transaction Fees   0.01290044 BTC


now  it did 137 transactions  size of that was 43.522 kb  or  318 bytes each    bigger the the smallest size of 225  but no huge man  or a whale size one