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Extra quick Nano update: Average CPS of 80 (!!!!) with backlog to be cleared in 12 hours!!!

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by COINS NEWS 266 Views

Edit: Check my first post about Nano's recovery here: Nanolooker just reported a CPS of 32, fluctuating from 16 - 30 CPS (In contrast to >1 CPS before upgrades)

https://nanobacklog.azurewebsites.net/

Here's a site from a user of the Nano subreddit, average CPS has shot up to above 80 and the backlog will be clear by the end of today if it stays that high!

Edit 2: What is CPS and what does this mean?

I'm sure there's other people who can describe it better, but basically, CPS (Confirmations Per Second) is how many transactions the network is confirming per second, meaning that it is currently tearing through the backlog of millions of unconfirmed transactions.

Before the upgrades, the network could barely break 5 CPS, with it often dipping below 1 CPS, with a backlog of millions and millions of transactions piling up from the spam attack. This basically crippled the entire network. Lots of services using Nano either temporarily shut down, or were working at less than 1/10 the speed (or not at all.)

Now, not only is the network able to confirm transactions faster than they are coming in, but it's getting through the backlog faster and faster. Just a few days ago the CPS was around 15 - 30 with the backlog expected to take about a week to clear at minimum.

Yesterday I think it was around ~45, and today we're seeing speeds from 70-90 CPS with the backlog expected to be cleared today. Transaction confirmation time seems to be back under a second, but some nodes are still catching up. Hope that helps some :)

submitted by /u/RoundedColt8
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