 | Here is a tweet that discusses the idea: Here is a link to an older blog post that does a deep dive into this: Here is a graph from a recent Invest Answers podcast. Bitcoin's # is (conservatively): 7,349. The next highest Nakamoto Coefficient on this list is 34 from a crypto that shall remain nameless. Some of the others are as low as 3! The gulf between Bitcoin and everything else is as wide as the Pacific Ocean. Why does this matter? Anyone who uses Bitcoin has far greater assurances that the chain is secure and resistant to the actions of hostile parties. The other chains? Not so much... Edit: Here is how it is calculated for those mathematically inclined: [link] [comments] |
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