Uncle Rates: More node efficiency or less decentralization?

I made this spreadsheet with a simple uncle rate calculation and one commented graph:

https://docs.google.com/spreadsheets/d/1SZn6_MuOciDI_B20KqqeHtpK9yAhHIgGdpVH-SDLRnU/edit?usp=sharing

(data source: https://www.etherchain.org/)

The fact: Uncle Rates are at historical low given the actual transaction number

Problem: what is the real reason?

There are two and an half points:

1) better ethereum blockchain topology ( more efficient and modern nodes, especially Parity without issue #9954*)

2) less decentralization, more professional mining farms

2.5) Is asic mining correlated with the point 2?

I hope in 1) but I fear that 2) is equally true given the fact that uncle rates are going down almost linearly starting BEFORE a serious bug (for uncle rates) in Parity client was fixed.

I vote for a quick change in the PoW hashing algorithm. Make ethereum asic-resistant again.

*https://github.com/paritytech/parity-ethereum/pull/9954

Submitted January 23, 2019 at 01:51AM }
via reddit http://bit.ly/2RGJE34

Advertisements