The Loop in Three Sentences
Validators query the miners on their subnet and score the responses. Once per epoch each validator writes a weight vector to the chain, and Yuma Consensus combines those vectors — discounting validators whose scores are outliers — into one ranking. That ranking decides how the subnet’s share of newly minted TAO is split between its miners and validators.
What the Explorer Shows
Four record types, nested inside each other. Knowing which one answers your question is most of the skill.
- Blocks — one every twelve seconds or so. A block is the unit of finality: once it is finalized, everything in it is settled.
- Extrinsics — transactions. Something a keypair signed and submitted: a transfer, a stake, a registration, a weight submission.
- Calls — the individual operations inside an extrinsic. A batch extrinsic can carry thousands, each succeeding or failing on its own.
- Events — what the runtime emitted in response. Most events on a given block have no extrinsic behind them; they are the chain’s own scheduled work.
The rule that trips people up: an extrinsic can succeed while the work inside it fails. A batch reports success as long as the batch itself was dispatched, so for anything wrapped in batch or proxy the events are the only honest answer.
Following a Stake
A worked example, and the pattern for almost every other question you will have:
- Search the addressPaste an SS58 coldkey into the search bar and open its account page. That page is the index for everything that account has ever signed: balance, stake positions, and a reverse-chronological list of its extrinsics.
- Open the add_stake extrinsicExtrinsic ids read
block-index—5312044-7is the eighth extrinsic in block 5,312,044. The detail page shows the signer, the fee, whether it succeeded, and the decoded arguments: which hotkey the stake went to, which netuid, and how much. - Read the events it emittedAn extrinsic is what was asked for; the events are what actually happened. A successful stake emits
StakeAddedalongside the balance and fee events. If the extrinsic failed, anExtrinsicFailedevent carries the pallet error that explains why. - Widen out to the blockThe block page shows everything that settled in the same ~12 seconds. Most blocks also carry events with no extrinsic behind them at all — those are the runtime’s own bookkeeping, and at the end of an epoch they are where emissions land.
Current chain-wide parameters — block emission, take-rate caps, root weight — are read live on the chain parameters reference →