Please do NOT publish things, IF you have no idea what you are talking about and only rely on "Ai slop",... The Nakamoto coefficient is one number. Real decentralization also needs: - Truly distinct entities, not one operator running 20 pools/validators - Custodial exchange stake counted as one exchange, not "many holders" - Hosting diversity, not everyone on AWS/Hetzner/OVH - ASN and jurisdiction diversity - Multiple independent node clients actually producing blocks - Upgrades and hard forks not controlled by one company - Core development funded from more than one source - Governance voting power not concentrated in a few wallets - No admin keys, no protocol-level freezing of funds - Users able to verify the chain themselves (light clients, affordable full nodes) - RPC/API/indexer layer not dominated by 1-2 providers - Diverse wallets, frontends, oracles, bridges and stablecoin issuers - Low barrier to becoming a block producer - Stake that can actually move, not sticky by default - The whole distribution (HHI, Gini), not just the threshold Decentralization = the minimum cut across ALL layers, not the best one. Let's do a Decentralization scorecard, 10 criteria (met = 1, partial = 0.5) Polkadot: 6.5/10 - Consensus Nakamoto coefficient ~173-178: met - Uncapped validator set (active set fixed at 600): not met - Low capital barrier to validate: not met - No single dominant validator by design: met - Multiple clients producing blocks (KAGOME in set, small share): partial - On-chain token-holder governance (OpenGov): met - Core dev not tied to one company (Parity dominant): partial - Trustless user verification (light clients): met - Token distribution: partial - No protocol-level freezing of user funds: met TON: 2/10 - Consensus Nakamoto coefficient ~72-80: met - Uncapped validator set (active set capped by config): not met - Low capital barrier (300k TON min bond, heavy hardware): not met - No single dominant validator (Telegram largest by design): not met - Multiple clients producing blocks: not met - On-chain governance (validator config votes only): partial - Core dev not tied to one company: not met - Trustless user verification (lite clients, liteserver reliance): partial - Token distribution (whale clusters linked to foundation): not met - No freezing of user funds (2023 vote suspended 194 wallets): not met Avalanche: 5/10 - Consensus Nakamoto coefficient ~29: partial - Uncapped validator set: met - Low capital barrier (2,000 AVAX min): partial - No single dominant validator/entity: partial - Multiple clients producing blocks (AvalancheGo only): not met - On-chain governance (ACPs off-chain, adopted via upgrades): partial - Core dev not tied to one company (Ava Labs): not met - Trustless user verification: partial - Token distribution: partial - No protocol-level freezing of user funds: met Cardano: 7/10 - Consensus Nakamoto coefficient ~21-23: partial - Uncapped validator set (~2,150 pools): met - Low capital barrier (no minimum pledge): met - No single dominant entity (exchanges, multipools): partial - Multiple clients producing blocks (alt nodes relay only): not met - On-chain token-holder governance (CIP-1694): met - Core dev not tied to one company (IOG legacy, now multi-team): partial - Trustless user verification (no prod light client, Mithril helps): partial - Token distribution (public sale majority at genesis): met - No protocol-level freezing of user funds: met You are welcome!