on the network have voting power?;
yes. the top 4 currently have full control of the network which is terrible. #validators
Things to consider before selecting a validator: ✅ Validator should have a tick mark after the name. It means the validator is trustworthy. Terra-trusted validators are listed on the official GitHub. ✅ Validator should be able to earn rewards. Only bonded Validators (listed as "Active") can earn rewards. ✅ Validator uptime should be maximum. Uptime refers to how often the validator is gaining rewards. ✅ Validator commission should be low. Validator commission is the percentage of our rewards taken by the validator as commission. ✅ Max Commission Rate and Max Daily Commission Change should be minimum. Validators can't change the commission by more than the "daily commission change" and never above the "max commission rate". ✅ Consider delegating outside the top 10 by voting power. To keep the network decentralised, it is recommended to stake with validators outside the top 10. Useful Links: Terra docs Mistakes to avoid when choosing a validator
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