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ValidatorInfo: A New Web3 Explorer for Transparent Validator and Mining Pools Insights

Bitcoinist
by Bitcoinist
8 months ago
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

ValidatorInfo is a new service for exploring validators, mining pools and networks, recently launched in its alpha version. The platform already offers many useful tools, but some features are still under development or not fully functional. Built on Web3 principles, ValidatorInfo emphasizes transparency, decentralization, and community involvement. 

Community-Driven Knowledge Hub

ValidatorInfo is based on the Web3 collaborative spirit. It is a decentralized, community-driven platform for exploring and enriching information about validators, mining pools and tokens of Proof-of-Stake  (PoS) and Proof-of-Work (PoW) networks. Inspired by the principles of transparency and horizontal connections, it functions as a “Wikipedia” for the Web3 space, where users can explore data, compare metrics, add their own information, and actively contribute to the platform’s growth, making it a truly collaborative and open resource.

Users can contribute by adding links to interviews, blockchain wallets addresses, or other valuable resources about validators and mining pools. They can also expand library pages, ensuring the platform remains a comprehensive and evolving knowledge base. Each addition is recorded on-chain via a signed transaction.

To incentivize contributions, ValidatorInfo offers / promises various retention tools, including daily token collection, user badges and gamified experience amongst others, acknowledging users’ efforts in enriching the ecosystem. ValidatorInfo isn’t just a tool; it’s a living, community-powered project designed to grow alongside the decentralized world it supports.

Instead of traditional email logins, ValidatorInfo uses Web3 wallet connections, encouraging deeper user engagement and opening pathways for advanced interactions. This design simplifies access and forms groundwork for future features, such as DAO governance or NFT-based incentives, further aligning the platform with the decentralized ethos of Web3.

Evaluating Reliability

ValidatorInfo introduces five essential scores — technical, social, governance, user, and an aggregated main score called The Battery — to deliver a comprehensive and real-time assessment of validators and mining pools. These scores are designed to meet stringent criteria: they are multichain applicable, verifiable, deterministic, easily calculable, and aim to minimize bias.

Each score is derived from a diverse range of data sources, including verifiable on-chain metrics, social engagement, governance activity, and direct user interactions like on-chain reviews submitted via the app. By combining these metrics, these scores serve as transparent indicators of a validator’s or mining pool’s overall health and reliability.

Apart from these scores, ValidatorInfo offers insights into networks, evaluating their health status in real-time. By comparing various networks with each other, ValidatorInfo also offers a different type of insight into the web3 space, such as measuring decentralization, scalability and technological advancement level of each network.

ValidatorInfo Tools 

ValidatorInfo equips users with a suite of tools designed to simplify decision-making in the complex world of staking and mining. These tools provide essential data and deliver deeper insights in the Web3 landscape.

  1. Staking Calculator

The ValidatorInfo staking calculator addresses the critical gaps found in existing tools, which often lack real-time data and exclude important metrics, resulting in misleading or incomplete calculations. By including validator revenue and slashing events in its calculations, the staking calculator offers a more precise, up-to-date picture of expected returns.

Users can calculate potential income in a specific currency (X), over a defined time period (Y), in a particular network (Z), and from one or multiple operators (P or XYZP). The tool allows users to assess returns from both mining and staking, consolidating these insights into one streamlined interface without scattering data across different tools.

This advanced functionality ensures users can eliminate guesswork and enable smarter capital allocation.

  1. Validator Comparison

The validator comparison feature allows users to analyze and contrast validators and mining pools across multiple networks. This tool empowers users to identify efficient operators and make informed decisions tailored to their needs and goals.

  1. Rumors Chat

The rumors chat offers a community-driven space where users can discuss insights, share observations, and flag potential issues with validators and mining pools. This interactive feature fosters collaboration and keeps users updated on emerging developments.

  1. AI-Powered Search Tool

ValidatorInfo plans to integrate an AI-driven search tool, enabling users to execute highly specific and unique queries. For example, “Show me 3 validators from Ethereum, Cosmos, and Polkadot with X commission, liberal political opinions, and over 5,000 Twitter followers.” This tool will revolutionize how users search for and filter validator data, offering unprecedented levels of customization.

  1. Global Metrics and Dashboards

The upcoming dashboards will provide real-time global Web3 metrics, such as hundreds of data points (user sentiment, chain health status, etc.), decentralization heat maps. By offering these tools, ValidatorInfo ensures users have access to both detailed analyses and big-picture insights, making it a one-stop solution for navigating the world of validators and mining pools.

The interface of ValidatorInfo resembles the style of 1980s pixel art games—minimalistic, clear, and free of unnecessary elements. Its simplicity ensures ease of use, allowing users to focus on the essential data.

ValidatorInfo fills a long-standing gap in the Web3 ecosystem by providing a much-needed service for exploring validators and mining pools. Its emphasis on Web3 principles such as transparency and community-driven contributions sets it apart from traditional tools. As the platform continues to grow and develop, it promises to become an indispensable resource for networks, DeFi applications, and anyone navigating the complex world of staking and mining. ValidatorInfo isn’t just another tool. It’s a step forward in building a more open and informed Web3 space.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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