Nakamoto Coefficients of major proof of stake networks
Optimism - 1
Base - 1
Arbitrum - 1
Ethereum - 2
BNB - 7
SUI - 18
Solana - 20
The Nakamoto Coefficient is one of the most widely used metrics for measuring blockchain decentralization. It represents the minimum number of independent entities, such as validators in Proof-of-Stake (PoS) networks or miners in Proof-of-Work (PoW) networks, that would need to collude to compromise the network.
A higher Nakamoto Coefficient means a network is more secure, censorship-resistant, and resilient against coordinated attacks. For PoS blockchains, the Nakamoto Coefficient reflects how many validators control at least 33% of the total stake or voting power. For PoW blockchains, it measures how many miners control over 50% of the network's total hash power.
Takeaway: Only @solana and @SuiNetwork are truly peoples networks.
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