There are many different points to carefully consider when selecting a chain to deploy on. I think before deciding, we should form some base criteria.
Here’s my proposal for the base criteria points:
- Level of decentralization (consensus mechanism, # of validators, validator share distribution, distribution of supply)
- Presence of on/off-ramps and bridges
- Network uptime
- Block time
- Presence of reliable data oracles
- Number of existing protocols
- Number of unique addresses
- DEX liquidity / swapping [capital] efficiency
- Transaction cost magnitude / scalability (i.e. daily_transactions / cost_to_swap)
Thoughts on this list of criteria points?