In a significant move to enhance transparency and user engagement, the Hedera network has introduced ‘HBAR Insights.’ This innovative, free-to-use public dashboard, developed in partnership with The Tie—a premier analytics service for digital assets—aims to illuminate the inner workings of the Hedera ecosystem by showcasing essential on-and off-chain metrics.
As the digital landscape demands more clarity and user involvement, HBAR Insights emerges as a critical tool, providing both newcomers and veteran community members with comprehensive data visibility.
Say “HI” to HBAR Insights, a free public dashboard powered by @TheTieIO that delivers increased network data transparency to our community and the world by showcasing key on-and off-chain metrics around #HBAR and @Hedera ecosystem economies.
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— HBAR Foundation (@HBAR_foundation) June 27, 2024
HBAR Insights not only simplifies the complex data associated with blockchain operations but also ensures that every stakeholder in the Hedera network—from developers to investors—has access to real-time information. The dashboard’s introduction aligns perfectly with Hedera’s mission to foster an open, trustworthy, and robust blockchain environment.
By partnering with The Tie, known for its extensive client base that includes leading hedge funds and financial institutions, Hedera guarantees that the insights offered are both accurate and of high calibre.
Deep Dive into Hedera’s Enhanced Network Analytics
The HBAR Insights dashboard is rich with detailed metrics that encapsulate the vibrancy and activity within the Hedera network. For instance, the dashboard displays pivotal statistics such as Total Transactions and Accounts Created over the last 30 days, painting a vivid picture of network usage and growth.
With more than four billion transactions recorded recently and peak transaction per second rates hitting 11,411, these figures highlight Hedera’s capacity to handle substantial scale operations efficiently.
Further exploring the dashboard reveals the intricate details of Hedera’s validator network through an Uptime Tracker for its Mainnet, Testnet, and Previewnet. Such transparency not only builds trust but also showcases Hedera’s commitment to maintaining a seamless and secure blockchain environment.
Moreover, the Stake Weight Graph and Validator Distribution by Country are instrumental for users interested in the network’s governance and decentralization aspects.
In addition to system performance metrics, HBAR Insights offers a glimpse into the developmental dynamics of the Hedera ecosystem. It tracks new and churned developers, active development commitments, and the most vibrant GitHub repositories, thus offering a granular view of the community’s developmental activities.
This section is particularly invaluable for prospective developers or businesses considering building on Hedera, as it highlights the ecosystem’s innovation and collaborative efforts.
