10

What has Monero done to address CONOP factors?

How does the current Monero implementation compare to other existing cryptocurrency alternatives with regard to blocksize caps?

Is the any research about new adaptive blocksize formulas that may identify areas where Monero can make further scaling improvements?

2 Answers 2

8

[C]ost [O]f [N]ode [OP]eration is (theoretically) a way to measure to the cost of running a full node.

If we peg a blockchain with a 1 MB blocksize as having a CONOP of 1, then doubling the blocksize to 2 MB, would double the CONOP to 2, thus reducing decentralization since increasing CONOP would result in less people running full nodes (higher the price of something, less demand).

Of course, things don't only go up. As the cost of memory, hard drive space, internet speeds, etc. improve, the CONOP can also move down. So if you double the block size, but the cost of internet and hard drive space reduces, you can theoretically get an even lower CONOP than the original.

Monero can't really do much to affect the hardware aspects of CONOP, but it's adaptive blocksize algorithm attempts to keep blocks from becoming overly large, thus keeping the space component of CONOP within some reasonable range.

2
  • 1
    I think Monero can still improve on the hardware aspects. If it were trivial to run monerod on a low-end ARM device, I expect that to greatly increase the number of people running a public node, because it is easier to justify spending € 50 on a dedicated node then, than with € 1.000 for a simple server with SSD storage. Unfortunately, synchronizing the blockchain seems to be problematic for now on those ARM devices.
    – dpzz
    Commented Dec 28, 2016 at 1:00
  • 2
    For completeness, I would add that the concept of CONOP comes from Paul Sztorc in his article Measuring Decentralization in 2015 (truthcoin.info/blog/measuring-decentralization)
    – Clement J.
    Commented Dec 28, 2016 at 13:06
4

Riccardo Spagni was discussing CONOP (Cost of Node-Option) at the "OnChain Scaling Conferences" in a presentation called Dynamic Block Size Caps (YouTube):

enter image description here

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Not the answer you're looking for? Browse other questions tagged or ask your own question.