Humanode, a Layer-1 blockchain running on Polkadot SDK, has emerged as the most decentralized blockchain network according to the Nakamoto Coefficient metric. With an impressive 706 active validator nodes, Humanode boasts a Nakamoto Coefficient of 236, surpassing previous top contender Mina with a coefficient of 155. This signals the blockchain's robust level of decentralization.

Decentralization Milestone Achieved by Humanode

Humanode, powered by Polkadot SDK, has reached a significant milestone by establishing itself as the leading decentralized blockchain network. The Nakamoto Coefficient, a key indicator of network decentralization, is a noteworthy 236 for Humanode, making it top the charts in terms of decentralization. This achievement positions Polkadot in third place within the decentralization hierarchy, solidifying its standing in the blockchain space.

Significance of the Nakamoto Coefficient

The Nakamoto Coefficient quantifies the level of decentralization within a blockchain network by estimating the number of node operators required to control a substantial portion of the network to compromise its integrity. A higher Nakamoto Coefficient reflects greater decentralization, enhancing the network's resilience against orchestrated attacks and fortifying its security. In this context, Humanode's notable Nakamoto Coefficient underscores its superior level of decentralization, reinforcing its resistance to centralized control and bolstering its overall security measures.

Approach to Decentralization by Humanode

Victor, co-founder of Humanode, sheds light on the company's decentralization strategy. He highlights the limitations faced by Proof-of-Stake blockchains, emphasizing the risk of centralization posed by dominant validators and staking protocols. Victor underscores Humanode's commitment to combating such centralization tendencies by limiting individuals to a single node creation, verified through cutting-edge cryptobiometric technology. This unique approach ensures that all validators possess equal influence, resulting in a proportional increase in Humanode's network decentralization corresponding to the number of human nodes.

Closure

Humanode's remarkable feat as the most decentralized blockchain network represents a significant advancement in the blockchain sector. By advocating for a democratic network structure where each individual is limited to a single node, Humanode sets the stage for enhanced network security and democratic decision-making. Looking towards the future, the company aims to introduce a governance protocol that allows for equitable voting power among human nodes, paving the way for the world's first democratic DAO to steer core protocol development and ecosystem growth.