Ivan Legenbearg
Open Trade
4.3 Years
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Decentralization for All: Myth or Reality?
Hey there! If you’re a developer, founder, creator, or crypto enthusiast who believes in a decentralized future, stick with me until the end. I want to dive into the issue of true decentralization in modern blockchain systems and ask: can we really build an equitable digital world?
The Problem: The Rich Rule “Decentralization”
In most so-called “decentralized” systems, the biggest rewards from mining or validation go to the wealthy or ultra-wealthy. Let’s look at the facts: becoming a validator
The Problem: The Rich Rule “Decentralization”
In most so-called “decentralized” systems, the biggest rewards from mining or validation go to the wealthy or ultra-wealthy. Let’s look at the facts: becoming a validator
The Nakamoto Coefficient
Imagine this: you’re building your dream—a decentralized app, a token, a vision. You pour in everything: time, money, hope. Then, in a flash, the network collapses. Someone rewrites transactions, steals assets, and your project sinks into chaos. How do you shield yourself from this nightmare? The answer lies in a mysterious metric—the Nakamoto Coefficient. It’s not just a number; it’s your compass in the wild world of blockchains, revealing how sturdy your foundation really is.
The Nakamoto Coef
The Nakamoto Coef
Decentralization in Blockchain: A Mirage in the Hands of Oligarchs? Part 1
When Bitcoin emerged, it promised freedom: a network without rulers, where anyone with a laptop could stand equal. Decentralization became the rallying cry of blockchains—no banks, no middlemen, just code and fairness. But in 2025, that vision is crumbling. We sought a revolution, only to stumble into oligarchy. Or plutocracy? Pseudodecentralization is everywhere, and its grip tightens.
Bitcoin is a glaring case. Its hashrate is shackled by mining pools. AntPool, F2Pool, and Foundry command over
Bitcoin is a glaring case. Its hashrate is shackled by mining pools. AntPool, F2Pool, and Foundry command over
No alternative
I recently stumbled into a mind-blowing chat with a pro airdrop hunter, and it flipped my crypto world upside down. I’d always brushed off airdrops—sure, I’d join a few to support projects, but as a serious gig? Nope. Then I learned the truth. These hunters don’t mess around. We’re talking hundreds, even thousands of accounts to snag every drop. He showed me over a thousand wallets he made for the Monad testnet. A thousand! I hadn’t realized the havoc this wreaks on blockchain projects. Their g
Humanode. One person = one node.
I decided to write a short review about a very interesting and potentially profitable project. The concept itself sounds promising. The company website lists its core values, the main one being maximum decentralization.
Humanode mainnet is a blockchain that uses a Proof-of-Uniqueness consensus algorithm, and anyone can become a validator. Instead of relying on mining equipment or staking, Humanode uses private biometric verification of its validators to ensure that there is a unique living perso
Humanode mainnet is a blockchain that uses a Proof-of-Uniqueness consensus algorithm, and anyone can become a validator. Instead of relying on mining equipment or staking, Humanode uses private biometric verification of its validators to ensure that there is a unique living perso
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