London, United Kingdom, Could 1, 2024, Chainwire
Humanode, a layer-1 blockchain constructed with the Polkadot SDK, has turn into essentially the most decentralized blockchain community thus far primarily based on the Nakamoto coefficient. With 706 energetic validator nodes, the Nakamoto coefficient for Humannode is 236, surpassing the earlier primary, Mina, whose Nakamoto coefficient is 155. Polkadot now holds the third place.
The Nakamoto coefficient is a measure that displays what number of node operators could be wanted to regulate the share of a layer-1 blockchain that is sufficient to shut down the community if validators coordinate to take action. The upper the quantity, the extra decentralized the blockchain is.
“Proof-of-stake blockchains are centralized across the largest validators or staking protocols, like Lido, which really maintain the infrastructure. If Lido goes down as soon as, folks will begin questioning the decentralization of proof-of-stake networks. They might have hundreds of thousands of nodes, however precise management over consensus rests within the arms of some folks. “We all the time wished to alter this,” says Victor, co-founder of Humanode. “In Humannode, a person can solely launch a node, which is verified with cryptobiometric know-how. All validators have equal energy, that means that the decentralization of the HumanNode chain grows in proportion to the variety of human nodes. Think about what sort of Nakamoto coefficient we are going to get after we attain 10,000 nodes or 1 million nodes!? This makes a coordinated assault virtually unimaginable. No mission will be capable of declare it’s extra decentralized than Humanode.”
Humanode will quickly unveil its governance protocol the place a human node may have just one vote, creating the primary democratic DAO that can management the additional growth of the core protocol and its ecosystem.
About Humanode
HumanNode, constructed as an EVM Suitable Layer-1 on Polkadot SDK, is the primary cryptobiometric blockchain the place one human = one node = one vote. It makes use of non-public facial recognition that protects towards a number of accounts and bots making the most of retroactive airdrops, DAO, DeFi, NFT Mint, GameFi, and others. Only one yr after mainnet launch, Humanode has 500,000+ customers and 70+ initiatives that use its cryptobiometric know-how.
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