Hello,We would like to discuss decentralization in the NEAR Protocol in more detail.
On the NEAR Protocol, stake and unstake actions also have a significant impact on the decentralization of the network. The NEAR Protocol is a proof-of-stake blockchain, which means that validators are selected based on the amount of NEAR tokens they have staked.
When a user stakes NEAR tokens on the NEAR Protocol, they are essentially delegating their tokens to a validator, who then uses them to participate in the consensus mechanism of the network. This contributes to the decentralization of the network by distributing the power to validate transactions among a larger group of validators rather than a few centralized entities.
Moreover, the NEAR Protocol implements a dynamic validator set, which means that the top validators are determined based on their total stake as a proportion of the total network stake. This ensures that the validator set is constantly evolving and that validators are incentivized to maintain a high level of performance and security.
On the other hand, when a user unstakes their NEAR tokens, they are essentially withdrawing their tokens from the validation process. This can potentially reduce the overall level of decentralization on the network, especially if a large number of users unstake their tokens.
Therefore, stake and unstake actions on the NEAR Protocol play a critical role in maintaining the decentralization and security of the network. It is important for users to carefully consider their staking and unstaking decisions and to monitor the performance and reputation of validators to ensure that they are contributing to the long-term success of the network.
In this dashboard, we exclusively talk about validators and Staker And Unstaker we have discussed in full detail
For more details, please refer to "Stake Vs Unstake" and "Validators" tab
Stake Vs Unstake 📊
- Number of Staker Vs Unstaker
- Percent(Staker Vs Unstaker)
- Total transactions(Stake Vs Unstake)
- Percent transactions(Stake Vs Unstake)
- Total amonut(Stake Vs Unstake)
- Percent amonut(Stake Vs Unstake)
- Average transactions(Stake Vs Unstake)
- Cumulative transactions(Stake Vs Unstake)
- Average amonut(Stake Vs Unstake)
- Cumulative amonut(Stake Vs Unstake)
Validators 🌐
TOTAL VALIDATORS
- Total Validators(Stake Vs Unstake)
- Percent Validator(Stake Vs Unstake)
- Total Validator(Staker Vs Unstaker)
- Percent Validator(Staker Vs Unstaker)
- Total Validator transactions(Stake Vs Unstake)
- Percent Validator transactions(Stake and Unstake)
- Total Validator amonut(Stake Vs Unstake)
- Percent Validator amonut(Stake and Unstake)
Optional validator
- Validators list
- Validator(Staker Vs Unstaker)
- Percent Validator(Staker Vs Unstaker)
- Validator transactions(Stake Vs Unstake)
- Percent Validator transactions(Stake Vs Unstake)
- Validator amonut(Stake Vs Unstake)
- Percent Validator amonut(Stake Vs Unstake)
- Average transactions and amounts
- Total Stakers
- Total Unstakers
- Total transactions ''Stake''
- Total transactions ''Unstake''
- Total amount staked
- Total amount Unstaked
Conclusion 🔍
- Conclusion
- About me