Over 1,900 block-producing nodes in Solana ecosystem, new report reveals
Solana has released its first post-wallet hack "Validator Health Report", which reveals 3,400 validators across six different continents.
New
Solana released its first-ever "Validator Health Report" which revealed information about its network operators. According to the report, the network has more than 1,900 block-producing nodes, with nearly 1,688 (88.14%) run by independent entities.
Solana asserts that the health and strength of its Validators is critical to the long-term health of the ecosystem. Previously, the network struggled with a lack of decentralization and expensive validation hardware.
Although this new report highlights the 3,400 validators spread across six different continents.
9/ Geographical distribution is important. Resilient blockchains continue to function through all types of global events.
Here is how the stake is distributed across the @Solana network, with an overview of the distribution of Ethereum miners for benchmarking. https://t.co/1jsylk9J3J pic.twitter.com/faepZ4RvYm
— Solana Foundation (@SolanaFndn) August 10, 2022In addition, the report shows how activity on the network has increased over the past year. On average, the network has seen 95 new consensus nodes and 99 RPC nodes join each month since June last year.
Source: SolanaHe has also pointed out that the Nakamoto coefficient on Solana, i.e. the amount of validator collusion needed to censor the network, is 31 – and growing. A graph published in the report showed that Solana had the highest Nakmoto coefficient compared to other networks such as Avalanche, Binance and Polygon.
However, this report follows last week's hack. About $5.2 million to Solana...
Solana has released its first post-wallet hack "Validator Health Report", which reveals 3,400 validators across six different continents.
New
Solana released its first-ever "Validator Health Report" which revealed information about its network operators. According to the report, the network has more than 1,900 block-producing nodes, with nearly 1,688 (88.14%) run by independent entities.
Solana asserts that the health and strength of its Validators is critical to the long-term health of the ecosystem. Previously, the network struggled with a lack of decentralization and expensive validation hardware.
Although this new report highlights the 3,400 validators spread across six different continents.
9/ Geographical distribution is important. Resilient blockchains continue to function through all types of global events.
Here is how the stake is distributed across the @Solana network, with an overview of the distribution of Ethereum miners for benchmarking. https://t.co/1jsylk9J3J pic.twitter.com/faepZ4RvYm
— Solana Foundation (@SolanaFndn) August 10, 2022In addition, the report shows how activity on the network has increased over the past year. On average, the network has seen 95 new consensus nodes and 99 RPC nodes join each month since June last year.
Source: SolanaHe has also pointed out that the Nakamoto coefficient on Solana, i.e. the amount of validator collusion needed to censor the network, is 31 – and growing. A graph published in the report showed that Solana had the highest Nakmoto coefficient compared to other networks such as Avalanche, Binance and Polygon.
However, this report follows last week's hack. About $5.2 million to Solana...
What's Your Reaction?
