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NakamotoCoefficient

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What is the Nakamoto coefficient and how to calculate it?The Nakamoto coefficient is a metric that assesses the decentralization of mining in the Bitcoin network by determining the minimum number of the largest mining pools that together can control 50% of the hash rate (computing power). Named after Satoshi Nakamoto, the creator of Bitcoin, this metric reflects the risk of centralization that could threaten the security of the network, for example, by organizing a 51% attack.

What is the Nakamoto coefficient and how to calculate it?

The Nakamoto coefficient is a metric that assesses the decentralization of mining in the Bitcoin network by determining the minimum number of the largest mining pools that together can control 50% of the hash rate (computing power). Named after Satoshi Nakamoto, the creator of Bitcoin, this metric reflects the risk of centralization that could threaten the security of the network, for example, by organizing a 51% attack.
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