lisa_ty_weiNov 28, 2021 · 3 years ago5 answers Can the Ethereum Nakamoto Coefficient be used as a measure of the network's resistance to centralization?
Can the Ethereum Nakamoto Coefficient, which measures the distribution of Ethereum's wealth among its holders, be considered as an effective indicator of the network's resistance to centralization? How does the Nakamoto Coefficient reflect the level of decentralization in the Ethereum network? Is it a reliable metric to assess the network's security and robustness against centralization?