I’ve been an ETH and Starknet developer and user ever since.
Starknet is gradually transitioning to a Proof-of-Stake (POS) full verification system, requiring a minimum of 20,000 STRK to spin up a validator. As a data analyst, right after spinning up my validator, I analyzed the statistics, and unfortunately, the situation isn’t promising in terms of decentralization. A staggering 88% of all Staked/Delegated Stark sits on the top 10 validators, while the remaining 12% holds only a small share.
Here are the average delegated stakes for the top 10 and bottom 20 validators:
- Top 10:131 STRK
- Bottom 20: 15,312,597 STRK
To try to change this I made a dapp that allows you to choose from a random validator on the bottom helping decentralize Starknet, you can also track you rewards, claim and unstake.
https://www.starknet-stake.com/
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