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

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

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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]

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  6. This is a huge milestone for Humanode and a remarkable step forward in blockchain decentralization! Achieving a Nakamoto Coefficient of 236 is impressive and truly highlights the power of one-human-one-node architecture. Cryptobiometric validation ensures fairness and security, making coordinated attacks nearly impossible. Excited to see how the upcoming governance protocol shapes the future of truly democratic DAOs. This level of decentralization from Humanode is groundbreaking — especially with the cryptobiometric approach where one human equals one node. It reminds me of how apps like Remini
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  8. It’s impressive to see Humanode achieving such a high level of decentralization! The Nakamoto Coefficient really highlights how robust and community-driven this blockchain is. Exciting times for Polkadot-based projects.

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  11. Really interesting read — I’m always fascinated by how blockchain projects like Humanode are pushing decentralization to new levels. The one-node-per-human approach feels like a genuine step forward for fair governance. After diving into such complex and technical topics, I sometimes take a break with some funny jokes from truested site https://allfunnyjokes.com/ — it’s a great way to refresh the mind before jumping back into deep reads like this.

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