Super Testnet on Nostr: Knots Analytics: How Many Sybils? Attached is a cool chart from Coindance re: the ...
Knots Analytics: How Many Sybils?
Attached is a cool chart from Coindance re: the number of nodes in the past couple of months.
You can see an uptick in Knots nodes (the lower green line) at the beginning of May. Meanwhile, at that time, the "total" node count (the top line) was basically flat, while the count of Bitcoin Core nodes started to fall. This indicates organic choice by about 1500 users to switch from Core to Knots.
Then, around May 10, we see evidence of a spike: total node count AND the Core count start increasing in lockstep. This indicates that a significant number of nodes (500 or so) got spun up around that time and were all Core nodes.
Are these sybils? Probably a few are, but most of it is just probably noise -- the total node count barely exceeds the range it was in before.
In short, these charts provide evidence that Bitcoin Knots growth has been organic, and there may be a few sybils spinning up Bitcoin Core nodes in response, but not that many.
Published at
2025-05-15 21:51:54Event JSON
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"content": "Knots Analytics: How Many Sybils?\n\nhttps://image.nostr.build/e42058c61f768da673476ec9b0cb01325dc8e580110a5e68dc1443052e7c6573.jpg\n\nAttached is a cool chart from Coindance re: the number of nodes in the past couple of months.\n\nYou can see an uptick in Knots nodes (the lower green line) at the beginning of May. Meanwhile, at that time, the \"total\" node count (the top line) was basically flat, while the count of Bitcoin Core nodes started to fall. This indicates organic choice by about 1500 users to switch from Core to Knots.\n\nThen, around May 10, we see evidence of a spike: total node count AND the Core count start increasing in lockstep. This indicates that a significant number of nodes (500 or so) got spun up around that time and were all Core nodes.\n\nAre these sybils? Probably a few are, but most of it is just probably noise -- the total node count barely exceeds the range it was in before.\n\nIn short, these charts provide evidence that Bitcoin Knots growth has been organic, and there may be a few sybils spinning up Bitcoin Core nodes in response, but not that many.",
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