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So I Did a Research About Solana Ecosystem

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by COINS NEWS 144 Views

So I Did a Research About Solana Ecosystem

Here are my findings;

Solana have around 1977 active validators and 282 delinquent validators which means they are punished and not earning any rewards.

Active Validators 1977
Delinquent Validators (Punished) 282

413.7M SOL Staked which is approximately $14.5B and Coinbase Cloud is top validator with 2% stake.

https://preview.redd.it/fk7644ugz3n91.png?323&format=png&auto=webp&s=7daaa31917845a63a7ccc5d11a623389f7c0b8bf

Client diversity seems good since %83 of the clients are up to date.

https://preview.redd.it/oea143swz3n91.png?649&format=png&auto=webp&s=6a0d97c7e958b7733e4e55049e806696fb91bce5

Here is the troubling part: Data Center Concentration.

Validators with most voting power are concentrated in Equinix, Hetzner and Amazon with total of %58 of voting power. If these three hosting provider decide to remove all validators or ban them then Solana network will lost its %58 voting power.

https://preview.redd.it/5a80u2nm04n91.png?328&format=png&auto=webp&s=ebde51e177322783000a0a4617468485246a5c53

I am conducting research for each crypto project and realizing that decentralization is way too far or difficult concept to conduct.

So far i only conduct analysis on SOL and BNB but hoping to add more.

BNB: https://chainparrot.com/bnb-validators.html

SOL: https://chainparrot.com/sol-validators.html

https://chainparrot.com/blockchains-by-number-of-nodes.html

submitted by /u/testimoni
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