Decentralization is the Unique Selling Point of Blockchain Technology. Is what makes sure a blockchain is secure, that the rules are respected, and that the playing level is the same. All of this is because the decentralized nodes have the same power, run the network, and keep each other in check.
However, it’s not easy to measure decentralization in Blockchain, because blockchains have very different dimensions that are important and that can have different levels of decentralization.
Until recently there was no good way of measuring decentralization, because there was no complete metric, until recently with the launch of the EDI.
In this video, we will dive deeper into this metric, explaining to you what it is and how it works, as well as which conclusions this index has already reached: https://www.youtube.com/watch?v=uogXuLrCqlU
7 blockchains have been analysed so far, and the results in each of the Metrics are definitely surprising!
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