The following is an analysis of the Solo Testnet to fork to version v1.0.3.5
Hardfork scheduled for block 227001 (April 10, 2019)
A bulk of the analysis consists of blocks 1460 through 33562, approximately 8 days. 1
| Coinbase Statistics | |
|---|---|
| Number of Blocks | 32102 |
| Coinbase Transactions | 5890660 |
| Emissions | 5890629 |
| Fees | 30.5995 |
SECOR (Simple Extended Consensus Resolution, AKA Uncle Mining)2 expands transaction throughput by allowing faster block times. SECOR further secures the network by reattaching otherwise orphaned blocks on top of the longest chain an rewarding the miner of the Uncle Block.
| Uncle Statistics | |
|---|---|
| Number of Blocks with Uncles | 91 |
| Emissions Due to Uncles | 9170 |
| Percentage of Blocks with Uncles | 0.28% |
| Percentage of Emissions Due to Uncles | 0.16% |
Due to the adaptive reward structure emission rate is not affected by rewards to successful uncle and nephew blocks.3 The Uncle block reward is approximately 35.5% of the mined block reward. The following chart shows the reward amount in each block.4
Block times were successfully reduced from 60 seconds to 20 seconds while maintaining chain stability. Reward was adjusted to maintain the emission schedule.5
The network was stress tested with bursts of hashing power to test the difficulty adjustment for accurate block times and rate of Uncle Block production. No detectable difference in the rate of Uncle Block production was detected. The average block time was 20.02 seconds for the 32102 block test period.
Full Bulletproofs make transactions smaller, thus reducing the fee for a given transaction while maintaining privacy and security.6,7 Previously, a simple Bulletproof implementation was used. The change results in a fee that is approximately 4.5% of the previous fee.
Repository: https://gitlab.com/solo-project/solo
Website: https://minesolo.com/
ANN: https://cryptocurrencytalk.com/topic/117663-ann-xsl-solo-a-secure-private-untraceable-pool-resistant-cryptocurrency
Discord: https://discord.minesolo.com/
Twitter: https://twitter.com/SoloXsl
Reddit: https://www.reddit.com/r/soloproject