Phase 2 of the Validator Resource Center and Ranking Website (VRC) further improves upon the ranking method from Phase 1, by making the scoring model more customizable and thereby better representing the user’s preferences. Also, the VRC score is now a major metric in the manual selection process. Additionally, we include several new metrics (e.g. performance based on historic era data) and thereby reduce the load of information on nominators. A new filtering technique helps to reduce the overall set of validators based on their quantitative properties and make it easier for nominators to make an appropriate selection.
Aside from that, Phase 2 introduces a staking dashboard, which gives important visual and numerical information about the network, allowing comparisons of sets to the state of the network. It will be even possible to import your current nominations (via the polkadot.js extension) and check whether some critical events happened to nominated validators (e.g., an increase of commission or a slash).
Code-of-conduct for the implementation
You can review the full proposal here. Please leave your comments!
A link to the last proposal can be found here.
Previous discussion about this proposal can be found here.
Phase 2 of the Validator Resource Center and Ranking Website (VRC) has improved the ranking method by making the scoring model more customizable to better represent user preferences. The VRC score is now a major metric in the manual selection process. New metrics have been added, such as performance based on historic era data, to reduce the load of information on nominators. A new filtering technique helps to reduce the overall set of validators based on their quantitative properties, making it easier for nominators to make an appropriate selection.
Phase 2 also introduces a staking dashboard that provides important visual and numerical information about the network, allowing comparisons of sets to the state of the network. Users can import their current nominations and check for critical events that happened to nominated validators.
The implementation follows principles such as acting in the interest of the network, the nominator, and objectivity in validator selection. User preferences are valued, and freedom is given while maintaining a trade-off with usability.