Solana said to be ‘more decentralized than people think,’ but there’s more

2022.07.27 05:02

Solana said to be ‘more decentralized than people think,’ but there’s more

Solana-based decentralized finance (DeFi) firm Unstoppable Finance has argued that Solana is more decentralized than people make it out to be. However, there’s another side that believes that the blockchain platform is actually more centralized.

In a blog post, the DeFi firm lays out its arguments, citing the blockchain network’s active validator count, Nakamoto coefficient and support for validator hardware, which is often argued to be expensive, as reasons for the network’s decentralization.

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