Humanode, a blockchain constructed with Polkadot SDK, turns into essentially the most decentralized blockchain by Nakamoto coefficient

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London, UK, Might 1, 2024, Chainwire

Humanode, a layer 1 blockchain constructed with SDK, has change into essentially the most decentralized blockchain community ever primarily based on the Nakamoto coefficient. With 706 lively validator nodes, Humanode has a Nakamoto coefficient of 236, which is considerably increased than earlier no 1 Mina's Nakamoto coefficient of 155. Polkadot at present holds third place.

The Nakamoto coefficient is a measure of the variety of node operators required to manage the share of a layer 1 blockchain. That is sufficient for validators to regulate and shut down the community. The upper the quantity, the extra decentralized the blockchain.

“Proof-of-Stake blockchains are typically centered across the greatest validators or staking protocols like Lido that really maintain the infrastructure. You begin to query the decentralization of the Stake community. They might have thousands and thousands of nodes, however just a few individuals can really management the consensus. We modify this on a regular basis. ” stated Victor, co-founder of Humanode. “On Humanode, one particular person can launch just one node, and that node is verified with crypto-biometric expertise. All validators train equal authority. In different phrases, the decentralization of the Humanode chain Think about what the Nakamoto coefficient will likely be achieved when the variety of nodes reaches 10,000 nodes or 1 million nodes, which tasks can declare to be extra decentralized than Humanode. doesn’t exist.”

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Humanode will quickly announce a governance protocol the place one human node has just one vote, creating the primary democratic DAO to manage the additional growth of the core protocol and its ecosystem.

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About Hunode

Humanode is constructed on the Polkadot SDK as an EVM-compatible layer 1 and is the primary crypto-biometric blockchain the place 1 human = 1 node = 1 vote. Use personal facial recognition to guard towards retroactive airdrops, a number of accounts and bots powered by DAOs, DeFi, NFT mints, GameFi, and extra. Only one yr after mainnet launch, Humanode boasts over 500,000 customers and over 70 tasks leveraging its crypto-biometric expertise.

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