"Uncles" are blocks from miners who were "too slow" to broadcast their block to the network- They still earn some reward, but aren't parents of new blocks, just... well, uncles. (Uncles help ethereum have 12s block times, far shorter than most other cryptocurrencies)
The "Average block time" is around 11s which is what you want to see. It is very close to the optimal time of 12s. (Correction: optimal time is now targeted at 15s)
The Network Hash Rate of 52.4 GH/s means that maybe 3000 or so computers worldwide have appeared in the last 24 hours to join the network and mine for blocks. (probably many more have joined without mining, but that number cannot be determined from this dashboard)
The "difficulty" right now is relatively plateaued, which suggests blocks are traveling efficiently on the network and miners are successfully connecting to the network and not fluctuating too much in number.
The transaction graph is flat, because transactions are disabled until the final safety switch on Monday/Tuesday is removed.
"Active Nodes" are just the number of nodes linked to the Stats program, so that number doesn't mean much.
"Gas Price" is, roughly speaking, the cost of an opcode instruction for transactions/contracts, which miners get to decide on for each block they mine (within limits)
BOTTOM LINE: These network stats are super boring, and the ethereum launch yesterday was totally uneventful, which is EFFING AWESOME.
nemo1618: The proof of work algo for ethereum is MUCH more difficult than in most other cryptocurrencies, leading to far lower aggregate hash numbers- If you want to compare it against BTC/LTC/etc you first need to correct for the average hash rate on a single mining PC for the given currency.
The "Average block time" is around 11s which is what you want to see. It is very close to the optimal time of 12s. (Correction: optimal time is now targeted at 15s)
The Network Hash Rate of 52.4 GH/s means that maybe 3000 or so computers worldwide have appeared in the last 24 hours to join the network and mine for blocks. (probably many more have joined without mining, but that number cannot be determined from this dashboard)
The "difficulty" right now is relatively plateaued, which suggests blocks are traveling efficiently on the network and miners are successfully connecting to the network and not fluctuating too much in number.
The transaction graph is flat, because transactions are disabled until the final safety switch on Monday/Tuesday is removed.
"Active Nodes" are just the number of nodes linked to the Stats program, so that number doesn't mean much.
"Gas Price" is, roughly speaking, the cost of an opcode instruction for transactions/contracts, which miners get to decide on for each block they mine (within limits)
BOTTOM LINE: These network stats are super boring, and the ethereum launch yesterday was totally uneventful, which is EFFING AWESOME.