Flow blockchain has been one of the top trending platforms with a huge activity growth during 2022, and the main reason was because of its support to NFTs and its collaboration with high and popular entities like NBA or NFL. Apart from that, Flow has also known as a decentralized blockchain. Why?

Token holders not interested in being a Validator can stake to a Validator’s staking pool and earn a portion of Token rewards too. This incentivizes Token holders to stay involved with the community and support Validators who are keeping the network running smoothly.

One of the main aspects to be aware about the blockchains that use proof of stake is the decentralization. Decentralization is by far one of the most important factors in a crypto ecosystem. As you probably already figured out, the validation system in place might fail to honor this by progressively moving towards a more traditional centralized environment. Why and how could this happen?

• As it was briefly mentioned previously, validators are incentivized to hold more and more FLOW to guarantee a spot in the network for themselves.
• Users look at the voting power (= total staked FLOW) of a validator as a good indicator of who to trust and delegate their funds to. This is understandable and that's why there's a need to constantly educate the user base and promote smaller validators.

In this dashboard we are gonna see a deep perspective about how FLOW is decentralized and why. To do so, we are gonna investigate some of the most important metrics in the crypto world to become a decentralized network.

The main metrics to be analyzed are:

• Flow staking actions
• Distribution of transactions
• Number of active delegators
• Volume staked vs unstaked
• 7-day moving average of volume
• Delegators vs undelegators evolution
• Unique stakers in a monthly basis
• Net FLOW staked over time
• FLOW stakings by validators’ rank
• Nakamoto Coefficient evolution