Data analytics is an important part of any blockchain's lifecycle. It provides valuable insights into the network's behaviour, allows for informed decision-making, and helps improves performance.
It is not only important but necessary to implement a data-driven approach from an early stage, such as during the test-net phase. This approach can help identify and resolve issues, predict the emergence of new ones, facilitate the resolution of multiple challenges on the path to the mainnet, and ensure that the final product is robust and reliable.
Performing data analytics on Celestia can be challenging due to its modular architecture, which requires a unique approach to data storage and indexing. However, leveraging our expertise in working with indexers and cutting-edge technology, we propose developing a comprehensive set of open-source tools for data indexing and storage. This will enable efficient and reliable data management solutions within the Celestia blockchain.
To understand how the Celestia network grows and operates, we propose analyzing a set of metrics that depict different product aspects. As the network's future is expected to consist of a variety of rollups, it should be possible to drill down to the level of a particular rollup in addition to a high-level system overview. Metrics will form certain benchmarks and trends, enabling health checks and predictions.
Measures of demand for Celestia's Data Availability Layer.
The metrics below will help evaluate the scale and rate of adoption, and identify the main consumers and their costs. This is a major part of Celestia's tokenomics.
Measures of Data Availability Layer operation quality.
While it is valuable to see how Celestia is used, it is also important to track the robustness of the network. Therefore, the following metrics can be used to provide an idea of whether operational requirements are met, security (light nodes for sampling) is ensured, and requests are fulfilled in a timely manner.
P2P.org has already developed a solution that can easily extract raw data from any Cosmos chain - the P2P.org Any-Cosmos-Chain Indexer. While Celestia may have specific data structure requirements, we are confident that we will not need to start development from scratch.
The Indexer source is open source and can be deployed and launched by anyone to access raw data. P2P.org suggests running an indexer on their own infrastructure, which includes an Indexer instance, a database for storing data, and several nodes for running data extraction. This provides an end-to-end solution for community data analysis.
Data can be stored in any database, but P2P.org offers to store it in a public DWH project. This is the best way to integrate a data-driven culture into your project, by having a public dataset with all the necessary data. An example of a CosmosHub public dataset, consisting of raw data from our indexer on CosmosHub, is available.
Currently, we use Google BigQuery to share this data with the community, but we plan to provide totally-free access to the data in the future. For now, you need a Google account with a free trial to query the data for free.
With the raw data, you can do anything, including data mining and providing analysis. Our main purpose is to extract knowledge from the data source. We take raw data and transform it into structured domain data which consists of metric definitions and metric history storage.
However, the main goal of any data analysis and research is transparency, clarity, and data visibility. The best way to achieve this is to build a public dashboard. P2P.org supports Looker (Google BI system) and Superset as BI for public dashboards, but also works with custom front-end solutions. This is just the tip of the iceberg in P2P.org data analysis process. Anyone who wants to understand and control the situation needs public dashboards to share insights and attract attention from the community.
We welcome any feedback and look forward to receiving the green light to begin.
<p>If you hold SUI tokens, you can help secure the network by delegating to validators on the mainnet. This way, proof of stake delegators can keep or grow their percentage of the total supply over time.</p><h3 id="why-delegate-sui">Why delegate Sui?</h3><p>Sui network rewards participants with extra subsidies from 10% of the total supply, on top of gas fee rewards. Delegation is non-custodial, so validators cannot access or take your tokens. Sui does not slash your initial delegation, but your staking rewards may be lost if validators perform poorly. So choose your validators carefully.</p><p>P2P.org is a trusted SUI validator that participated in all pre-mainnet tests, including the validator game. We have over six years of experience validating 40+ proof of stake networks with top ratings. Our support team is available 24/7 to assist you or answer your questions. You can join our <a href="https://t.me/P2Pstaking?ref=p2p.org">telegram</a> channel or visit https://p2p.org/ website for more information.</p><h3 id="step-by-step-staking-instruction">Step-by-step staking instruction</h3><p>To start, you need to download <a href="https://chrome.google.com/webstore/detail/sui-wallet/opcgpfmipidbgpenhmajoajpbobppdil?ref=p2p.org">Sui wallet browser extension</a> for Chrome</p><ul><li>Register in Sui wallet. You might lose control over your funds if you lose access to your seed phrase. Save it in a safe place. You can unlock Sui wallet from your device using the password.</li></ul><figure class="kg-card kg-image-card"></figure>
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<p>Sui network allocated 10% of the total supply to incentivize participants with additional subsidies paid on top of gas fee rewards. It allows proof of stake delegators to maintain or increase their share of the total supply over time.</p><h3 id="what-is-sui-staking">What is SUI staking?</h3><p>Every SUI token holder can improve network security by delegating to mainnet validators. The process is non-custodial, and validators cannot control or steal delegated tokens. Sui does not imply slashing of initial delegation. If validators cannot maintain good performance, it can result in staking rewards being seized. It is essential to select validators wisely.</p><p>P2P.org is an early SUI validator that participated in all pre-mainnet testing phases, including the validator game. Our team has over six years of experience validating 40+ proof of stake networks with AAA staking rewards ratings. Our 24/7 support team is eager to help or answer your questions, feel free to join our <a href="https://t.me/P2Pstaking?ref=p2p.org">telegram</a> channel or visit <a href="https://p2p.org/?ref=p2p.org">https://p2p.org/</a> website.</p><h3 id="step-by-step-staking-instruction">Step-by-step staking instruction</h3><p>To start you need to download <a href="https://chrome.google.com/webstore/detail/sui-wallet/opcgpfmipidbgpenhmajoajpbobppdil?ref=p2p.org">Sui wallet browser extension</a> for Chrome</p><ul><li>Register in Sui wallet. You might lose control over your funds if you lose access to your seed phrase. Save it in a safe place. You can unlock Sui wallet from your device using the password.</li></ul><figure class="kg-card kg-image-card"></figure>
from p2p validator