Bitcoin is by far the fastest distributed computing network in the world. In this post we have started to claim that record at Guinness:
https://bitcointalksearch.org/topic/bitcoin-guinness-world-records-29722For the entry it is necessary for an expert to attest to the network speed. Still, I think it might speed things up if we would discuss the proper way for such an estimate here before.
Got news from Guinnes world records:
MOST POWERFUL DISTRIBUTED COMPUTING NETWORK
DEFINITION OF RECORD
This is for the most powerful distributed computing network.
It must be measured in petaFLOPS and floating point operations per second.
GUIDELINES FOR ‘MOST POWERFUL DISTRIBUTED COMPUTING NETWORK’
1. For the purposes of this record, a distributed computing network consist of
clients and servers connected in such a way that any system can potentially
communicate with any other system.
2. The capacity of the distributed computing network must be tested using
appropriate means.
3. The exact measurements of the distributed computing network must be given in
petaFLOPS and floating point operations per second.
[...]
I am aware we are not actually doing any FLOPS so we have to figure something out here to still make it work.
people have already thought about this a while ago:
https://bitcointalksearch.org/topic/mining-power-of-bitcoin-vs-other-networks-4689 but we need to bring it all into order and make it possible to verify/validate everything.
What about this attempt:
(please correct me, my knowledge of the bitcoin network guts is still quite limited)
Assumption: SHA256 is fine
10) The network finds the solution to a specific SHA256 Problem (depending on difficulty)
The solution pops up in the blockchain20) It takes n hashes to solve such a problem on average
SHA256 picture book???30) Problems (blocks) are solved at speed s
Blocks pop up at speed s40) --> over a certain period of time t the network has to try m hashes
50) It takes i integer operations for a single hash
Kernel Analyzer?60) --> over t there have to be i integer operations done in the network
70) For some strange reasons (muladd???) we can say that one 32bit INTOP is two 16bit FLOPS
??