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Stakeyour.eth

@stakeyoureth

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Fun fact: Ethereum has the highest economic security in terms of staked value, AND the most validator nodes AND the most home stakers* out of all top smart contract chains. Ethereum: 8,200+ Solana: 1,144 Sui: 114 Cardano: 2,990 BSC: 45 Tron: 27 Note: Home stakers are defined here as validator nodes being hosted on a residential connection, instead of a datacenter/cloud provider. I'm not referring to independent node operators (non-institutions/companies), which exist on other chains as well (albeit in small numbers). Excluding Ethereum, it appears the validator set of every top smart contract chain is basically just a bunch of crypto companies (CEXs, VCs, staking providers) running nodes in data centers/cloud. For any serious institution looking to leverage blockchain technology that prioritizes security and decentralization, then Ethereum is the only logical choice.
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Fun fact: Ethereum's Nakamoto coefficient (min number of validator nodes/operators needed to disrupt the network) is actually double Solana’s right now (details below). ETH = 41 SOL = 20 LIDO ≠ 1 entity (common misunderstanding that leads to incorrect takes) Lido is a network consisting of 500+ independent operators. I could be disingenuous and claim that means the coefficient is 500+ but I won't. Sol Foundation originally counted Lido as 1 operator but was also willing to revise their reports. The reality is that ~96% of current stETH is from the curated module, an independent group of 36 operators. So the correct calculation is: ETH: 36 (Lido curated module set) + 1 (Coinbase) +1 (Kraken) +1 (Binance) +1 (Kiln) +1 (Etherfi has multiple operators but afaik list isn't public so counting as one entity) = Top 41 validator operators for 50%+ of staked ETH to disrupt the network. Solana: Top 20 validators by stake needed to halt/censor the network.
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