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

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London, UK, Might 1, 2024, Chainwire

Humanode, a layer 1 blockchain constructed with the Polkadot SDK, has develop into probably the most decentralized blockchain community ever based mostly on the Nakamoto coefficient. With 706 energetic validator nodes, Humanode has a Nakamoto coefficient of 236, which is considerably larger than earlier no 1 Mina's Nakamoto coefficient of 155. Polkadot at the moment holds third place.

The Nakamoto coefficient is a measure of the variety of node operators required to regulate 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 usually centered across the largest validators or staking protocols like Lido that really maintain the infrastructure. You begin to query the decentralization of the Stake community. They might have tens of millions of nodes, however just a few folks can really management the consensus. We alter this on a regular basis. ” says Victor, co-founder of Humanode. “On Humanode, every individual can solely launch one node, which is verified with crypto-biometric expertise. All validators train equal authority. It is because the decentralization of the Humanode chain Because of this it will increase linearly with the variety of nodes. Think about what the Nakamoto coefficient will likely be achieved whenever you attain 10,000 nodes or 1 million nodes. No undertaking can declare to be extra decentralized than Humanode.”

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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 regulate the additional improvement of the core protocol and its ecosystem.

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 non-public facial recognition to guard towards retroactive airdrops, a number of accounts and bots powered by DAOs, DeFi, NFT mints, GameFi, and extra. Only one 12 months after mainnet launch, Humanode boasts over 500,000 customers and over 70 tasks leveraging its crypto-biometric expertise.

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