BitShares grabs all-time blockchain activity record!

in #bitshares6 years ago (edited) today

Welcome to the world's busiest and fastest Blockchain

An Unexpected Stress Test - Results say it all

Root cause of the unusually large volume of activity in the past days was in fact found to be an accidental global stress test. One of the active block producers (witnesses) had made a private investment and a sprint to fully test the limits of their own setup, by publishing a bleeding edge amount of price feeds. This ended up in millions of operations being made. By the time you read this, the testing will likely have come to an end. Even so, this unexpected little test didn't even push the blockchain utilization capacity out from the green reading! Oh - and if you add up all operations from all on the rest, BitShares processed more than all of them added together in the past 24 hours!

As you can see in the image, we've added some annotations so you can follow along. Ultimate interest is always 'CUI', and that's staying really low on all Graphene-based blockchains. Here is how this metric is described on ...

"Capacity Utilization Index" (CUI):

"This index is straightforward. It represents the actual blockchain usage and the remaining available capacity. Have a look at how many Tx have been recorded during a day and see how much more capacity the blockchain has left. You will be surprised!" source


Bitshares are great.Only problems i have there are extremely slow nodes.

yes, do tell us your location and we can advise better nodes to connect on.

Europe.All nodes i connect are slow as hell.

Hang in there, more node announcements coming up. Soon you will be able to pick from all the ones here: however you'll see only a few online (you can try as your node in DEX) until this deployment is activated in full.

Same for me. I live in S. florida

Where are you located ?


I have to add that what Daniel initially created also credits 2 main core devs, lots of different core and ui contributors, 10ish committee members and currently 27 Block Producers... If nonetheless, stake-holders and Community contributors and 3rd party app developers such as DEXBot, MetaNode, and rest... Thanks to ALL of them, this is possible.



It is amazing the horsepower of the system @dan created.

The fact that there were so many transactions shows that Bitshares could easily handle tens of millions per day. This is something that every developer is going to have to consider when building something.

It is starting to look like the POW chains have a lot of catching up to do.

Absolutely so true. The power of BitShares is simply remarkable.

Absolutely, one thing we always like to point out is that the DPOS model whilst being so fast, still uses heck of a lot LESS compute-intensive resources, thus is also a lot kinder to the environment.

Yet another reason to respect @dan Larimer

That's for certain

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thank you for your great information!!