Node Churning Events

    This dashboard investigated churning events on THORChain network over time.

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    Introduction

    THORChain nodes contribute into bridging operation of the THORChain network. The number of nodes operated varies by joining new nodes and leaving active nodes. When nodes join the network a 'churning in event' and when nodes leave the network a 'churning out event' is trigged.

    This dashboard investigated churning events over time.

    Results

    The graph below shows the number cumulative number of churn in and churn out. The graph revels a halt between July and November 2021 where there is no joining and leaving.

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    Method and data

    churning in is defined as the node's action of joining the network. This measured by WHERE former_status = 'Ready' AND current_status = 'Active'.

    churning out is defined as the node's action of leaving the network. This measured by WHERE former_status = 'Active' AND current_status = 'Disabled' or 'Standby'.

    Normally, a churning event happens every 3 days (50,000 blocks). Therefore, analysis on weekly or monthly basis would be best fit.

    The graph below shows the number of churning in and our and the net number of Nodechains active in the Network.

    We can see that in the last few weeks there is balance in the number of nodes joined and left the network.

    Graphs below depicts the same data on the monthly basis.

    Notable findings

    The data shows that:

    • the number of active Nodechains are growing.

    • In total 103 nodes are active on the network.

    • recently the net number of join-leave has been decreased.