So I Did a Research About Solana Ecosystem

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Here are my findings; Solana have around 1977 active validators and 282 delinquent validators which means they are punished and not earning any rewards.
413.7M SOL Staked which is approximately $14.5B and Coinbase Cloud is top validator with 2% stake. Client diversity seems good since %83 of the clients are up to date. Here is the troubling part: Data Center Concentration. Validators with most voting power are concentrated in Equinix, Hetzner and Amazon with total of %58 of voting power. If these three hosting provider decide to remove all validators or ban them then Solana network will lost its %58 voting power. I am conducting research for each crypto project and realizing that decentralization is way too far or difficult concept to conduct. So far i only conduct analysis on SOL and BNB but hoping to add more. BNB: https://chainparrot.com/bnb-validators.html submitted by /u/testimoni |