The last few months have been a transformative time for Swarm. Development is progressing on multiple fronts, and the hard work of the research and development teams is reflected by network growth and performance improvements. In this article we discuss the state of the network on multiple fronts. We’ll kick things off with an overview of Swarm network economics and network growth. In the next section we will tackle the issue of network capacity, and to wrap things up we’ll take a closer look at how the recent developments on the Bee client have led to advances in network performance.
Swarm Network Continues to Mature
The rollout of Swarm’s storage incentives system has been ongoing since late 2022. Starting in February 2023 there was a dramatic increase in storage incentives which has made it financially viable for node operators to start contributing their services. Over the last two months the network has grown from only 1000 nodes participating in staking to over 2700! Geographically these nodes span the entire globe, including countries in Asia, Europe, Australia, and North and South America. There are currently 30,792 in staked xBZZ amongst all these nodes, and a total of approximately 60,000 xBZZ has been paid out in incentives since the incentives system went live.
Reward Statistics Overview
The Swarm research team is still in the process of defining the methodology for calculating expected return rates for Swarm node operators. The team has provided some data relating to node operator earnings, however these data have many limitations and should not be interpreted as being predictive for any prospective node operators, or used for planning of business operations, and are merely provided for educational purposes. These data were collected from nodes monitored by the Swarm research team, and it excludes nodes which did not win any xBZZ.
| March, 2023 | Total Wins in xBZZ (per node) |
|---|---|
| Min | 3.914 |
| 1st Quartile | 6.410 |
| Median | 12.531 |
| Mean | 14.957 |
| 3rd Quartile | 18.959 |
| Max | 73.165 |
| April, 2023 | Total Wins in xBZZ (per node) |
|---|---|
| Min | 5.993 |
| 1st Quartile | 6.326 |
| Median | 12.531 |
| Mean | 13.921 |
| 3rd Quartile | 18.869 |
| Max | 100.823 |
| May, 2023 | Total Wins in xBZZ (per node) |
|---|---|
| Min | 5.864 |
| 1st Quartile | 6.354 |
| Median | 12.508 |
| Mean | 14.296 |
| 3rd Quartile | 18.948 |
| Max | 107.420 |
Data collected from https://swarmscan.io/
April Smoke Test
May Smoke Test