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.
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.
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 telegram channel or visit https://p2p.org/ website.
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<p>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.</p><p>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.</p><p>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.</p><h3 id="what-to-analyze-in-celestia">What to analyze in Celestia?</h3><p>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.</p><p><strong>Measures of demand for Celestia's Data Availability Layer.</strong></p><p>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.</p><ul><li>Number of data requests (ever/per period/per sender/rollup)</li><li>Number of unique request senders/rollups (ever/per period) - this is the number of entities that use DA</li><li>Amount of data requested (ever/per period/average per sender/rollup)</li><li>Fees paid for data (per request/per sender/rollup)</li></ul><p><strong>Measures of Data Availability Layer operation quality.</strong></p><p>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.</p><ul><li>Percentage of fulfilled requests (ever, per period, and per rollup).</li><li>Percentage of data made available (ever, per period, and per rollup).</li><li>Average actual number of light nodes in DAS per rollup per request (ever, per period) and average minimum required light nodes in DAS per rollup per request (ever, per period).</li><li>Average time it takes to fulfill requests after transaction is sent.</li></ul><h3 id="how-to-analyze">How to analyze?</h3><p><a href="https://p2p.org/?ref=p2p.org">P2P.org</a> has already developed a solution that can easily extract raw data from any Cosmos chain - the <a href="https://p2p.org/?ref=p2p.org">P2P.org</a> 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.</p><p>The Indexer source is open source and can be deployed and launched by anyone to access raw data. <a href="https://p2p.org/?ref=p2p.org">P2P.org</a> 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.</p><p>Data can be stored in any database, but <a href="https://p2p.org/?ref=p2p.org">P2P.org</a> 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.</p><p>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.</p><p>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.</p><p>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. <a href="https://p2p.org/?ref=p2p.org">P2P.org</a> 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 <a href="https://p2p.org/?ref=p2p.org">P2P.org</a> data analysis process. Anyone who wants to understand and control the situation needs public dashboards to share insights and attract attention from the community.</p><p>We welcome any feedback and look forward to receiving the green light to begin.</p>
from p2p validator
<p>The world of blockchains is evolving rapidly, with innovations and improvements in design and user experience. The goal is to create a platform that can serve the needs and aspirations of billions of people worldwide. Today, we are excited to celebrate the launch of Sui - a next-generation layer one blockchain with modular architecture and parallel execution powered by Move language.</p><p>Sui uses a proof of stake mechanism that aligns validators' incentives with the network's long-term health. The team introduces the reference gas price (RGP) and storage fund to ensure predictable and affordable gas costs for users and to cover the data storage costs for validators. For every epoch, validators collectively choose the RGP, which determines their expected gas fee revenue. The storage fund is a pool of funds compensating validators for storing data on the chain over time.</p><p>Sui is based on an object-oriented data model, where each object is a data piece with its own identifiers and attributes. Users can freeze objects or share them without giving up their ownership rights. This allows for more flexibility and creativity in designing applications on Sui, including collaborative scenarios. For example, users can share the game object with a streaming platform object to broadcast the game live or freeze the game object to preserve its original version.</p><p><em>We are proud to be a genesis validator for Sui mainnet after participating in all the testing phases. This aligns with our vision of supporting the most cutting-edge projects fostering adoption in the blockchain space.</em></p><p>Our infrastructure is secure, reliable, and distributed across different locations. We have a dedicated team of experts monitoring infrastructure 24/7 and ensuring smooth and timely upgrades. We also have a robust alert system that enables us to respond quickly to any issues or updates.</p><p><em>If you hold SUI tokens, you can delegate them to our public node and earn rewards for securing the network.</em></p><h3 id="about-sui">About Sui</h3><p>Sui is a revolutionary blockchain network that aims to achieve high scalability and low costs while maintaining fast and secure transactions. Sui team has a wealth of experience and expertise in building scalable and secure systems since working on Novi/Diem at Meta. Sui has also attracted the support of prominent investors such as Jump, a16z, Binance Labs, Kosmos VC, and many others.</p><p>To find out more and join the community, visit the official<a href="https://sui.io/?ref=p2p.org"> Sui website</a>,<a href="https://sui.io/developers?ref=p2p.org"> developer portal</a> and join<a href="https://discord.gg/sui?ref=p2p.org"> Discord</a></p><h3 id="about-p2p">About P2P</h3><p>P2P Validator is a leading staking provider with a proven track record and best-in-class security standards. We carefully select evaluating the most promising networks and offer only the best staking opportunities. As of the latest update, over 1.5 billion USD worth of assets staked with us by more than 40,000 delegators across 35+ networks. We have also successfully participated in all phases of Sui testing prior mainnet. P2P is committed to the long-term success of Sui ecosystem.</p><p>Feel free to join the P2P community, visit the <a href="https://p2p.org/?ref=p2p.org">official website</a>, and subscribe to our<a href="https://twitter.com/P2Pvalidator?ref=p2p.org"> Twitter</a> and<a href="https://t.me/P2Pstaking?ref=p2p.org"> Telegram</a>.</p>
from p2p validator