Hi, I read that in algorand everyone can be a node/validator and there are no staking pools. According to the official metric there are 2251 nodes and 370 unique accounts participating in the consensus protocol. What is the maximum number of nodes? Is 370 the actual number of nodes validating the…

https://kraken.docsend.com/view/58b6xidjxk44xedc [image] Titi: there are 3 steps in the protocol hence 3 committees with different sizes. if things don’t go as planned there are subsequent steps with a different committee members and sizes. 1st step is proposal , 2nd step soft vote , 3rd certif…

Thanks for the link, I have now resolved some doubts. According to the paper linked by sortition algorithm page, the committee size is between 2000 and 10000 (final). This number should be the one shown in the dashboard, about 1400 participation nodes of which about 400 actually voted in the last we…

[image] pachainti: This number should be the one shown in the dashboard, about 1400 participation nodes of which about 400 actually voted in the last week. Nodes can have multiple seats in committees. There are always around 1000-2000 seats. [image] pachainti: Liveness goal. In addition…

[image] fabrice: Nodes can have multiple seats in committees. There are always around 1000-2000 seats. How many maximum? So a few nodes could get the majority of the committee stake? [image] fabrice: This paper is very outdated. Parameters have been significantly improved since then. F…

[image] pachainti: How many maximum? So a few nodes could get the majority of the committee stake? This is a random selection. This is the beauty of the sortition algorithm. The algorithm is equivalent to say that each online Algo in the system is chosen with some probability. So if you ha…

you can graph some numbers on the distribution formula and you can see how much a stake gets on average. wolfram alpha might be you be helpful for large numbers sorry this was meant for pachainti

[image] fabrice: This is a random selection. This is the beauty of the sortition algorithm. The algorithm is equivalent to say that each online Algo in the system is chosen with some probability. So if you have 100x times higher balance than another person, on average, you will have 100x more…

[image] pachainti: The distribution of stakes among them is the one I calculated earlier here , can we assume that the distribution of seats is also similar? Yes, the distribution of seats on committee is, on average, the same as the distribution of online stake.

[image] fabrice: Yes, the distribution of seats on committee is, on average, the same as the distribution of online stake. Well, this means that the average validators participating in the consensus are only 25-16, so Nakamoto’s coefficient is not around 400, but close to 20-30, comparable to…

[image] fabrice: Yes, the distribution of seats on committee is, on average, the same as the distribution of online stake. According to @fabrice : Yes, the distribution of seats on committee is, on average, the same as the distribution of online stake. So the validators are on average the sa…

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Titi August 23, 2022, 5:04pm 24

the beauty is that they aren’t the same validators like in other chains. And because of its randomness they are in different configurations throughout the protocol execution

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