Life is a Cycle
cyclefund
Cyclefund
The funds currently held by the community-controlled cycle wallet where each verifier in the cycle has one vote. Only if >50% of in cycle verifiers vote for the execution of a Cycle Transaction (CTX), these funds can be accessed. This is used to pay contributions and projects dedicated to NYZO in so called NCFPs and NTTPs.
devfund
Dev Fund
Dev fund: The total funds held in all known wallets controlled by the core developers.
Locked: The amount of locked coins in the dev fund. These coins are released only with organic transaction fees by a rate of 1:1 (e.g. if a block has ∩0.5 in transaction fees, then the threshold will increase by ∩0.5).
Unlocked: The total funds in core developer wallets that are able to be sent to another wallet.
(The detailed list of all addresses that this constitutes is provided here: https://github.com/n-y-z-o/nyzoVerifier/blob/adaf536b22a0b3448433cb69fb406811c599fdba/src/main/java/co/nyzo/verifier/LockedAccountManager.java)
seedaccount
Seed Account Balance
The funds held by the seed account, which sends transactions to itself to generate fee revenue for active verifiers. This will continue until the seed account runs out and organic transaction volumes take over.
Circulating
supply
Circulation
The funds held by all non-developer wallets, excluding the cycle and seed funds, plus the unlocked portion of the dev fund.
Totalsupply
MAXSUPPLY
Max Supply
The maximum amount of NYZO that will ever exist on the blockchain.
Meshmetrics
Mesh Metrics
Note: The stats displayed are showing the mesh view of the CE Verifier. "Red verifiers" or verifiers not communicating on both ways (incoming/outgoing) are not seen as part of the queue.
The stats are retrieved from nyzo.today
30 Day Incubation Period
Verifiers with less than 30 days of incubation time won't take part in the joining process.
This security measurement is mainly for abuse prevention. Fake accounts on cloud hosters won't gain any advantages compared to regular participants.
Joins Per Day
Estimated new verifier joins per day based on current cycle lenght.
Daily Rewards
Estimated rewards a in cycle verifier collects from block rewards every day. Earnings from transaction fees aren't taken into account.
seedaccount payout
Daily Seed Account Payout
Summary of block rewards per day, paid from the seed account to the cycle. The block rewards will decrease over time.
blockrewards
inflationrate
Daily Inflation Rate
The current daily inflation rate based on seed account payouts/block rewards. This does not take payouts from the cycle fund for NCFPs into account.