๐จ ARK Invest & Glassnode Reveal Surprising Decentralization Data
A joint report by ARK Invest and Glassnode found that Bitcoin and Ethereum each require just 3 entities to reach key control thresholds affecting block production, while Solana requires 19.
However, this does NOT mean that 3 entities can directly control BTC or ETH. Mining pools, staking delegation, and network structures make the picture more complex.
Infrastructure also differs:
๐ Bitcoin: ~63% of nodes operate through Tor, with the most balanced geographic distribution.
๐ฃ Ethereum: ~20% of nodes are hosted on AWS, showing higher cloud dependence.
๐ข Solana: Infrastructure is largely operated in data centers.
The real question: Which network is actually the most decentralized?
$BTC $ETH or $SOL ? ๐
#bitcoin #Ethereum #solana #crypto #blockchain
A joint report by ARK Invest and Glassnode found that Bitcoin and Ethereum each require just 3 entities to reach key control thresholds affecting block production, while Solana requires 19.
However, this does NOT mean that 3 entities can directly control BTC or ETH. Mining pools, staking delegation, and network structures make the picture more complex.
Infrastructure also differs:
๐ Bitcoin: ~63% of nodes operate through Tor, with the most balanced geographic distribution.
๐ฃ Ethereum: ~20% of nodes are hosted on AWS, showing higher cloud dependence.
๐ข Solana: Infrastructure is largely operated in data centers.
The real question: Which network is actually the most decentralized?
$BTC $ETH or $SOL ? ๐
#bitcoin #Ethereum #solana #crypto #blockchain
