Solana [SOL] outshines Ethereum [ETH] on this crucial parameter

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Solana’s Nakamoto Coefficient stood at 31 as compared to Ethereum’s 1. Solana was well-distributed across geographies with no country controlling 33% of the active stake. The Solana [SOL] Foundation published its latest Validator Health Report wherein it disclosed vital stats like the number of validator nodes and their distribution across the network. According to the report, […]

will most likely sum this up. More than 44% of the staked ETH was held by just four participants.

Furthermore, the report highlighted that Solana was well-distributed across geographies with no country controlling 33% of the active stake. However, in the case of Ethereum, more thanSolana’s safety precautions A bug in a validator client has the potential to shut an entire network down if there’s no backup. Solana stated that it had two validator clients at its disposal to help during exigencies. A third client was under development.on 25 February, which lasted for nearly 20 hours. Tech disruptions for Solana aren’t a new phenomenon. It was hit by several network glitches in 2022 as well.It was clear that Solana was focusing on network enhancements as indicated by the increasing development activity.

The transaction volume for SOL declined by over 50% since hitting $1.14 billion on 20 March. Consequently, the price fell by more than 8% until press time, per

 

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