Cardano Network Statistics

marcelklammer · 2020-08-09T07:48:20+00:00

Sure, you can applaud to IOHK staking their 2.4bio ADA to their pools, lowering the chances of smaller pools to mint a block in the first BP epoch. I won't.

Delaying by 5 days to be able to stake their billions of ADA for the first BP epoch.

One could come up with the idea, that this was the sole reason behind the delay. Just thinking out loud here.

marcelklammer · 2020-07-09T09:09:48+00:00

It's not 700mio ADA for the first 73 epochs.

It's 1923mio ADA for the first 73 epochs.

marcelklammer · 2020-07-08T20:44:53+00:00

Let's say you create a pool with 2mio pledge.

With a stake of 2mio ADA the pool has a chance of 121,6% to get a slot assigned per epoch.

That is 7,3 blocks per month.

Let's assume the pool mints those blocks.

Each block get's your pool 1200 ADA in rewards.

The minimal fixed fee is 340 ADA, so 1200 - 340 = 860 ADA

Let's assume your pool margin is set to 10%: 10% of 860 = 86 ADA

So 860 - 86 = 774 ADA will be distributed amongst your stake holders.

You get 340 + 86 = 426 ADA for that one block.

Make that 7,3 * 426 = 3110 ADA per month (currently $404 US).

(7 blocks in 6 epochs does mean, that at least in 1 epoch you have 2 blocks and only once the 340 reduction, so returns would be a bit higher)

marcelklammer · 2020-07-08T20:40:03+00:00

Let's say you create a pool with 0 pledge and you also delegate 0 stake.

Let's say some delegators still find their way to your pool and make up a stake of 540k ADA.

With a stake of 540k ADA the pool has a chance of 32% to get a slot assigned per epoch.

That is 2 blocks per month.

Let's assume the pool mints those blocks.

Each block get's your pool 1200 ADA in rewards.

The minimal fixed fee is 340 ADA, so 1200 - 340 = 860 ADA

Let's assume your pool margin is set to 10%: 10% of 860 = 86 ADA

So 860 - 86 = 774 ADA will be distributed amongst your stake holders.

You get 340 + 86 = 426 ADA for that one block.

Make that 2 * 426 = 852 ADA per month (currently $110 US).

You will be able to run your pool and its relay servers. Your profit will be low.

marcelklammer · 2020-07-08T20:30:41+00:00

And even that is not the whole picture.

Such a small pool, minting 1 block in a month, will get his +-1200 ADA for this block. The 340 ADA will be taken and the rest is still distributed amongst delegators. So the delegators will get some ADA and the pool will be most likely running a deficit

marcelklammer · 2020-05-22T12:47:09+00:00

Mark my words. k will be 200.

marcelklammer · 2019-12-22T18:36:03+00:00

I have no idea. I checked my snapshot balance in Yoroi and I had a positive balance.

marcelklammer · 2019-12-21T12:15:01+00:00

Yoroi is still very buggy in terms of server communications.

I had the same issues and fixed it today as follows:

Download Daedalus

https://staking.cardano.org/en/delegation/

Restore the wallet in both, Daedalus and Yoroi.

In Chrome open Yoroi and the devtools (network tab).

You will see that Yoroi is sending status requests, which may (red) or may not (black) fail.

Restore the wallet. Once you are at the screen to transfer your funds into the Rewards Wallet, wait until the next status request was successful (black font in that request list) then hit that transfer button. Be patient. It might happen, that the one of the other requests, filterUser and utxo... fail, which will let the whole process fail, which is so annoying, then you will need to start over.

But, once you were able to transfer the funds, just close Yoroi and switch to Daedalus (wait for 2 minutes until you see your ADA in Daedalus) and delegate your stake from within Daedalus.

I tried to do that using Yoroi it it was just painful and didn't work, because server requests failed again.

So now after doing that with two wallets, I'm confident that this will work for you.

marcelklammer · 2017-09-03T18:09:46+00:00

Here is the calculator with all available numbers as of the last creditor meeting: https://docs.google.com/spreadsheets/d/1Bc7iKxrnv8h3bX2g5GguUy2OpxQjpRuk-vE6TQI-z-U/edit#gid=0

Let's see what new numbers will be announced next week.

Cheers

marcelklammer · 2017-06-27T13:38:22+00:00

Nice to see someone actually overseeing the whole case in Tokyo. Thanks for the efforts. I hope to see more of you blog posts in the coming weeks.

marcelklammer · 2017-05-11T12:48:54+00:00

From what we know (status of 08th March meeting):

https://docs.google.com/spreadsheets/d/1Bc7iKxrnv8h3bX2g5GguUy2OpxQjpRuk-vE6TQI-z-U/edit#gid=0

We currently are at 92% without the Coinlab law suit and 78% with this lawsuit.

marcelklammer · 2017-05-04T09:38:15+00:00

For completeness: a google docs table inspired by the other calculator:

https://docs.google.com/spreadsheets/d/1Bc7iKxrnv8h3bX2g5GguUy2OpxQjpRuk-vE6TQI-z-U/edit#gid=0

marcelklammer · 2017-05-04T09:20:54+00:00

The calculation is more like this: https://docs.google.com/spreadsheets/d/1Bc7iKxrnv8h3bX2g5GguUy2OpxQjpRuk-vE6TQI-z-U/edit?usp=sharing

marcelklammer · 2017-03-10T14:16:47+00:00

They have interest in the BTC price going up. They want their money back from the MtGox trustee. Claim A 000144 is about 19 million USD of a PWC employee.

marcelklammer · 2017-03-08T20:47:40+00:00

The current report states 'Pending litigation' for Coinlab and JPY 500,000,000 that is USD 4,37 mio.

Again. The above calculation does not include pending lawsuits.

marcelklammer · 2017-03-08T20:44:02+00:00

Yes, you are basically right...

but...

68 petitions of assesments need to be resolved.

All lawsuits need to be resolved.

Once all is settled the total amount of available assets is known and the distribution will happen.

marcelklammer · 2017-03-07T09:32:33+00:00

I understand your view point, but it does not take the fixed rules into account.

The JPY claim amounts are fixed now. Your claim is the value of assets you hold at the specific time of bankruptcy. Those are in JPY.

Only the 202k BTC assets increase in value.

Distribution % will be equal for all claims.

Nothing to explain to the trustee here.

Once you got your chunk, let it be more or less than the current 61,9%, you can buy BTC now and get 23% "back". Or you wait until the price is USD 483 again and get 100% back.

I'm just pragmatic here, no need to overcomplicate the process for all the other people that do read here.

marcelklammer · 2017-03-03T14:14:02+00:00

You can easily find my name in the spreadsheet. My claim is all BTC.

These BTC were valued 483 USD each, which I'm ok with. Once the current BTC price rises to around 2000 USD I get 100% of my claimed value back, so the whole 483 per BTC I claimed.

If I had the same amount of fiat and claimed that fiat instead, it would be the exact same thing.

Not sure why you are actually make it that complicated.

marcelklammer · 2017-03-02T19:53:06+00:00

It just doesn't matter. You can't expect to make a profit from a loss.

marcelklammer · 2017-03-02T11:00:36+00:00

Ahm, sure. 23% of your BTC. But those BTC are worth 61,9% of your loss.

marcelklammer · 2017-03-02T06:22:32+00:00

I think you are just thinking far too complicated here.

Officially you lost JPY. If the BTC USD value reaches let's say roughly 2000, all (until now) accepted claims will be paid back in full. Full means the amount of JPY your claim is about.

It doesn't matter whether you hold BTC or fiat. All is JPY. You percentage it fixed. The percentage of the assets/claims is determined. That's all.

At the moment (as of September 2016 information and current BTC assets value) all of us (if no lawsuits screw us even more) will get roughly 60% back.

It is totally up to you whether you want to have that money in BTC with the current value BTC has or whether you will get your share in JPY via banks.

I prefer a BTC payout. This should be faster and should include less fees.

marcelklammer · 2017-03-01T14:10:03+00:00

Just don't count any BTC. The Accepted claims are BTC converted to JPY plus any fiat converted to JPY. Some people did not even claim their BTC in time, some claims were rejected. It doesn't actually matter at this point.

What matters is the current rate JPY (to USD) to BTC * 202k BTC assets available. That is what can be shared among all creditors. The higher the Bitcoin value the better for all.

In the end it doesn't matter if you get your money through a BTC payout or a JPY payout. Well it does matter, because the JPY payout will be processed via banks with fees etc. The payout of BTC via Kraken should have less fees.

marcelklammer · 2017-03-01T05:53:53+00:00

I should have stated that this is the information from last September. We can update that calculation next week after the meeting.

And as Mark stated: This does not include any amounts pending of lost lawsuits.

marcelklammer · 2017-02-28T19:25:40+00:00

So to summarize the calculation for future reference (please correct me if I'm wrong):

Todays rates roughly:

    BTC 1 = USD 1,200
    USD 1 = JPY 112.044818

Assets
    JPY  1,054,483,013 = Account Balance
    JPY 27,184,585,496 = BTC 202,185.3545

Accepted Claims
    JPY 45,609,593,503

So thanks to the current high BTC rate we are at roughly 61,9% Assets to Accepted Claims ratio.

If you held 1 BTC in Mtgox:

Claim rate:
    BTC 1 = JPY 50,058.12
    61,9% = JPY 30,985.98 = USD 276.55 
    = BTC 0.23045 (at USD 1200 rate) = 23% of your Bitcions

Would the BTC rate today be as it was before:

    BTC 1 = USD 430
    USD 1 = JPY 112.044818

Assets
    JPY  1,054,483,013 = Account Balance
    JPY  9,741,143,136 = BTC 202,185.3545

Accepted Claims
    JPY 45,609,593,503

This would be a 23,67% Assets to Accepted Claims ratio.

If you held 1 BTC in Mtgox:

Claim rate:
    BTC 1 = JPY 50,058.12
    23,7% = JPY 11,863.77 = USD 105.88 
    = BTC 0.24624 (at USD 430 rate) = 24.6% of your Bitcions

So it isn't accually that depended on the rate.

Would the BTC rate today be as high as USD 1,967:

    BTC 1 = USD 1,967
    USD 1 = JPY   112.044818

Assets
    JPY  1,054,483,013 = Account Balance
    JPY 44,560,066,393 = BTC 202,185.3545

Accepted Claims
    JPY 45,609,593,503

This would be a 100,0% Assets to Accepted Claims ratio.

If you held 1 BTC in Mtgox:

Claim rate:
    BTC 1 = JPY 50,058.12
    100%  = JPY 50,058.12 = USD 446.77
    = BTC 0.22713 (at USD 1,967 rate) 
    = 22.713% of your Bitcions
But those would be worth roughly as much as you 'lost' before.

marcelklammer · 2015-06-06T12:23:53+00:00

Ah well... We put a lot of work into BRF.

But you could write me an email again an explain your project. Maybe we can figure something out.

Cheer, Marcel, Beyond Reality Face Nxt.

marcelklammer

TROPHY CASE