Solana-based DeFi firm Unstoppable Finance argues that Solana is more decentralized than its made it out to be, but another side thinks that the blockchain platform is actually more centralized. So who’s right? (Reporting via ezrareguerra)
firm Unstoppable Finance has argued that Solana is more decentralized than people make it out to be. However, there’s another side that believes that the blockchain platform is actually more centralized.its arguments, citing the blockchain network’s active validator count, Nakamoto coefficient and support for validator hardware, which is often argued to be expensive, as reasons for the network’s decentralization.
According to the post, Solana’s validator count is much higher than most other chains, excluding Ethereum. Additionally, Unstoppable Finance points out that Solana’s Nakamoto coefficient, a metric that measures the distribution of staked tokens and decentralization, is much higher than protocols like Cosmos and Near Protocol.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here Are 19 Small, But Genius 'Black Panther' Movie Details That'll Get You Hyped For The SequelThere's a lot more to T'Challa's sneakers than we thought.
Read more »
Fans just want Instagram to go back to the way it wasInstagram's newest changes increasingly feel like TikTok, and people aren't happy with it. But experts say there's a larger force at play.
Read more »
Coinbase's 20% Decline Leads Crypto Names Lower Following Report of SEC ProbeA possible SEC probe of Coinbase has sent crypto in general and $COIN in particular sharply lower. mikeybellusci reports
Read more »
Good Samaritan saves 5-year-old boy from drowning in McCarren Park Pool in BrooklynMany people told CBS2 they hope there's an investigation into the lifeguards who were on duty.
Read more »
Good Samaritan rescues 5-year-old boy from drowning in McCarren Park Pool in BrooklynThere are questions this morning about the lifeguards' response after witnesses say a Good Samaritan had to rescue a 5-year-old boy from drowning in a Brooklyn pool. elijahwestbrook has the latest:
Read more »
Divorce Is Good, ActuallyJ.D. Vance says even people in violent marriages shouldn't be allowed to leave. Think of the children!
Read more »