London, UK, 1 Might 2024, Chainwire
Humanode, a Layer-1 blockchain constructed utilizing the Polkadot SDK, has grow to be essentially the most decentralized Nakamoto Coefficient-based blockchain community to this point. With 706 energetic validation nodes, the Nakamoto coefficient for Humanode is 236, surpassing the earlier primary, Mina, which has a Nakamoto coefficient of 155. Polkadot now holds the third place.
The Nakamoto coefficient is a measure that represents what number of node operators will probably be wanted to manage the portion of the Layer 1 blockchain that is sufficient to shut down the community if the validators coordinate. The bigger the quantity, the extra decentralized the blockchain.
“Proof-of-Stake blockchains are typically centered across the largest validators or staking protocols like Lido that really maintain the infrastructure. As soon as Lido goes down, individuals will begin questioning the decentralization of Proof-of-Stake networks. They could have hundreds of thousands of nodes, however the true management over the consensus is within the fingers of just a few. We've at all times needed to alter that,” says Humanode co-founder Victor. “In Humanode, one individual can run just one node, which is verified by cryptobiometric expertise. All validators have equal energy, which implies that the decentralization of the Humanode chain will increase in proportion to the variety of human nodes. Think about what the Nakamoto coefficient will probably be after we attain 10,000 nodes or 1 million nodes!? This makes a coordinated assault nearly unattainable. No challenge will have the ability to declare to be extra decentralized than Humanode.”
Humanode will quickly unveil its governance protocol, the place one human node has just one vote, creating the primary democratic DAO to control the additional growth of the core protocol and its ecosystem.
About Humanode
Constructed on Polkadot SDK as EVM Appropriate Layer-1, Humanode is the primary cryptobiometric blockchain the place one human = one node = one vote. It makes use of personal facial recognition to guard in opposition to a number of accounts and bots utilizing retroactive drops, DAOs, DeFi, NFT mints, GameFi and extra. After only a yr since its mainnet launch, Humanode boasts greater than 500,000 customers and greater than 70 tasks utilizing its cryptobiometric expertise.
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