I was wondering how to interpret PoS difficulty? The output of
getdifficulty from the daemon gives out some numbers, but exactly what do they mean?
I can understand that it probably means the higher it is, the higher the percentage of coins that are staking, but any way to quantify it to a percentage number, or at least to compare different PoS coins together with some quantification?
Also, what does "search-interval" mean?
BlackCoin:
{
"proof-of-stake" : 0.00024414,
"search-interval" : 0
}
CinniCoin:
{
"proof-of-stake" : 0.00025578,
"search-interval" : 0
}
AsiaCoin:
{
"proof-of-stake" : 0.00491016,
"search-interval" : 1
}
It seems like it's a variable to keep the block time independent of the number of coin who are staking, same as PoW difficulty, so in theory it should be able to somehow provide some sort of insight on how many coins are staking, same way as PoW difficulty can provide insight on the overall hashrate of the network. I just want that connection between the difficulty and the number of coins that are staking.
Thanks