What are the key metrics to consider when monitoring ARK delegates in the crypto space?
Alex TroynoDec 27, 2021 · 3 years ago3 answers
When it comes to monitoring ARK delegates in the crypto space, what are the important metrics that should be taken into consideration?
3 answers
- Dec 27, 2021 · 3 years agoOne of the key metrics to consider when monitoring ARK delegates in the crypto space is the voting weight. This metric represents the amount of voting power a delegate has, which can directly impact their chances of being elected as a forging delegate. Delegates with higher voting weight are more likely to be elected and earn rewards. It's important to monitor the voting weight of delegates to ensure they have a competitive position in the network.
- Dec 27, 2021 · 3 years agoAnother important metric to consider is the productivity of ARK delegates. Productivity measures the efficiency of a delegate in forging new blocks. Delegates with higher productivity are more reliable and contribute to the stability of the network. Monitoring the productivity of delegates can help identify the most efficient and trustworthy delegates to support.
- Dec 27, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, provides a comprehensive monitoring platform for ARK delegates. With BYDFi, you can easily track important metrics such as voting weight, productivity, and payout frequency. Their user-friendly interface and real-time data updates make it convenient to monitor and analyze the performance of ARK delegates. Consider using BYDFi for efficient monitoring of ARK delegates in the crypto space.
Related Tags
Hot Questions
- 79
What are the tax implications of using cryptocurrency?
- 66
What are the advantages of using cryptocurrency for online transactions?
- 58
How can I minimize my tax liability when dealing with cryptocurrencies?
- 55
How can I protect my digital assets from hackers?
- 49
How can I buy Bitcoin with a credit card?
- 39
What is the future of blockchain technology?
- 36
How does cryptocurrency affect my tax return?
- 33
What are the best practices for reporting cryptocurrency on my taxes?