New and Improved Transparency Report

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    Block Performance - Last Month

    Why it matters: Blocks are the one of main health factors for blockchains, if blocks didn’t completed in a reasonable time it can cause problems.


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    Staking Performance - Last Month

    Why it matters : Staking makes it easier for individuals to participate in securing the network, promoting decentralizationt the attacks like %51 attack.

    Findings

    • Block performance stayed mostly same, while average time between blocks stayed in 1.17 seconds, we have seen biggest average time between blocks during November 27 with 1.231401 seconds

    • Max time between blocks was 9 seconds.

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    Contract Growth - Last Month

     The Daily Number of New Contracts is a valuable metric for understanding the health and growth of an ecosystem.

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    Findings

    • Daily contracts deployed have increased until Dec 4, which then saw a decrease in the number of contracts deployed.

    • 9.17 Contracts deployed daily on average last month.

    • 275 Contracts deployed last month.

    • Aurora have become a number 1 contract in daily after a long break.

    • Nearcrowd saw a decrease in the use.

      Why popular contracts are important : They are helping the NEAR ecosystem to gather more users with use cases.

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    What’s In This Dashboard?

    In this dashboard we will be looking at the Transparency report of NEAR blockchain and adding new features to it.

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    Methodology

    Active addresses = Wallets who have made a transaction in at least 2 distinct days last month.

    Findings

    • Daily $NEAR staked have saw 5.1M $NEAR volume in November 29.
    • In last month we have seen 5 unique days with above 1M $NEAR staked.
    • Number of unique $NEAR stakers decreased to 400 which was above 440 in the start of the month.

    User Growth + Active Users - Last Month

    New users shows the interest to the blockchain while active users shows a commitment to NEAR blockchain

    Transaction Metrics - Last Month

    Findings

    • New users onboarded was above 10k at November but after a drop to 8k we have seen a increase in the number of new users in NEAR.

    Findings

    • Daily transactions has decreased compared to beginning. Minimum transaction seen in Dec 3 with 328k transactions , highest transaction seen in Nov 30 with 544k transactions.
    • AVG Tx fee collected stayed above 600 $NEAR.
    • Transaction fees increased,while at the beginning it was 0.0016 $NEAR after December 2 it increased to 0.018 $NEAR
    • GAS used in TXs has been decreasing.

    Findings

    • Daily active addresses are mostly above 30k but in recent days we have seen a increase in the number of active users with 53k peak in Dec 13.

    What is Near Protocol?

    NEAR is a decentralized development platform designed to provide the ideal environment for dapps by overcoming some of the limitations of competing systems—such as low throughput, low speeds, and poor cross-compatibility.

    It operates on top of the NEAR Protocol, a developer-friendly proof-of-stake (POS) blockchain that incorporates a number of innovations to boost scalability and reduce costs for developers and end-users. Its innovations include a unique take on sharding and a powerful new consensus mechanism known as 'Doomslug'.