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    Decentralization of Flow vs Axelar

    • Introduction

    • Charts

    • Conclusion

    What is The Flow block chain

    The Flow blockchain refers to a specific blockchain platform developed by Dapper Labs, a blockchain company focused on creating digital assets and decentralized applications (dApps). The Flow blockchain is designed to provide a high-performance platform for developers to build and deploy decentralized applications and digital assets, with a focus on scalability, security, and user experience.

    One of the key features of the Flow blockchain is its ability to support multiple "smart contracts" in parallel, which allows for faster transaction processing and more efficient use of network resources. Additionally, Flow uses a unique consensus algorithm called "Proof of Stake with Special Nodes" (PoS-SN), which helps to ensure network security and prevent centralization.

    The Flow blockchain is also designed to be developer-friendly, with a strong emphasis on creating tools and resources that simplify the process of building and deploying dApps. For example, Flow provides a visual interface for creating and testing smart contracts, as well as a marketplace for buying and selling digital assets.

    Methodology

    This dashboard provides a comparison between the Flow and Axelar networks based on three key metrics: node count, stake volume, and staker count. These metrics are compared on a total, monthly, and yearly basis to provide a comprehensive analysis. Additionally, the dashboard also compares the top 10 stakers of both networks based on their stake volume and stake count.

    To gather the data needed for these comparisons, two specific tools were used: flow.core.ez_staking_actions and axelar.core.fact_staking. The data extracted from these tools was then used to create the visualizations and insights presented in the dashboard. Overall, the dashboard provides a simple and efficient way to compare the decentralization levels of the Flow and Axelar networks.

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    What is The Axelar block chain

    Axelar is a decentralized interoperability platform designed to connect different blockchain networks and enable seamless communication between them. It aims to solve the problem of blockchain fragmentation by creating a decentralized network that allows for the secure and efficient transfer of assets and data between different blockchain ecosystems.

    Axelar achieves this by using a unique blockchain-agnostic architecture that enables it to support multiple blockchain protocols simultaneously. This means that developers can build decentralized applications (dApps) and services that are interoperable across different blockchain networks, without having to worry about the underlying technical details.

    One of the key features of the Axelar blockchain is its use of a decentralized routing protocol, which allows for the secure and efficient transfer of assets and data between different blockchain networks. This is achieved through a system of "validators" that help to ensure the integrity of the network and prevent attacks.

    Additionally, Axelar is designed to be scalable and developer-friendly, with a focus on creating tools and resources that simplify the process of building and deploying dApps. For example, the platform provides a developer portal, SDKs, and APIs that make it easy for developers to integrate their applications with the Axelar network.

    Overall, the Axelar blockchain represents an innovative solution to the problem of blockchain fragmentation, providing a decentralized platform for seamless interoperability between different blockchain ecosystems.

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