Humanode, a blockchain built with Polkadot SDK, becomes the most decentralized by Nakamoto Coefficient

London,
United
Kingdom,
May
1st,
2024,
Chainwire

Humanode,
a
Layer-1
blockchain
built
with
Polkadot
SDK,
has
become
the
most
decentralized
blockchain
network
to
date
based
on
the
Nakamoto
Coefficient.
With
706
active
validator
nodes,
the
Nakamoto
Coefficient
for
the
Humanode
is
236,
shooting
past
the
prior
number
one,
Mina,
which
has
a
Nakamoto
Coefficient
of
155.
Polkadot
now
holds
the
3rd
place. 

The
Nakamoto
Coefficient
is
a
measure
that
represents
how
many
node
operators
will
be
required
to
control
the
share
of
a
layer-1
blockchain
which
is
enough
to
shut
down
the
network
if
validators
coordinate
to
do
so.
The
greater
the
number,
the
more
decentralized
the
blockchain
is.

“Proof-of-Stake
blockchains
tend
to
centralize
around
the
biggest
validators
or
staking
protocols,
like
Lido,
which
actually
hold
the
infrastructure.
If
Lido
goes
down
once,
people
will
start
questioning
the
decentralization
of
Proof-of-Stake
networks.
They
may
have
millions
of
nodes,
but
the
real
control
over
consensus
is
in
the
hands
of
few.
We
always
wanted
to
change
this,”
says
Humanode
co-founder
Victor. “In
Humanode,
one
person
can
only
launch
one
node,
which
is
verified
with
cryptobiometric
technology.
All
validators
wield
equal
power,
meaning
that
the
Humanode
chain
decentralization
increases
proportionally
to
the
number
of
human
nodes. Imagine
what
kind
of
Nakamoto
Coefficient
will
be
achieved
when
we
hit
10,000
nodes
or
1
million
nodes!?
This
makes
a
coordinated
attack
almost
impossible.
No
project
will
be
able
to
claim
that
it
is
more
decentralized
than
Humanode.”

Humanode
will
soon
unveil
its
governance
protocol
where
one
human
node
has
only
one
vote,
creating
the
first
democratic
DAO
which
will
control
the
further
development
of
the
core
protocol
and
its
ecosystem.

About
Humanode

Humanode,
built
on
Polkadot
SDK
as
an
EVM
Compatible
Layer-1,
is
the
first
cryptobiometric
blockchain
where
one
human
=
one
node
=
one
vote.
It
utilizes
private
facial
recognition
which
protects
against
multiple
accounts
and
bots
taking
advantage
of
retroactive
airdrops,
DAOs,
DeFi,
NFT
mints,
GameFi,
and
more.
After
just
a
year
from
mainnet
launch,
Humanode
boasts
500,000+
users
and
70+
projects
utilizing
its
cryptobiometric
technology.

Contact

Shannon
Higgins
[email protected]