Unstoppable Finance: Solana is more decentralized than many think

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Decentralized financial serviceUnstoppable Finance, which operates on the Solana blockchain, published an article saying that the network is much more decentralized than users think.

The authors refer to the number of active validators on the network, validator hardware support, and the Nakamoto coefficient.

According to the publication, the number of validatorsSolana is much higher than most other networks, with the exception of Ethereum. There are currently 1,875 of them. Additionally, Unstoppable Finance notes that Solana's Nakamoto ratio, a metric that measures token distribution and decentralization, is much higher than such protocols , like Cosmos or Near Protocol and equals 27.

Regarding criticisms aboutdue to the high cost of validator hardware, Unstoppable Finance claims that Solana has already created a server rental program that solves the problem. One of the network's challenges that the company acknowledges is the "geodiversity of validators." Almost half of them are located in the US and Germany, which makes blockchain operations more dependent on the regulatory regimes of these countries.

Previously, an investor from the United States accused the main companies of the Solana ecosystem of illegally profiting from the sale of the native SOL token.