Polkadot
The Nakamoto Coefficient is a measure of the smallest number of independent entities that can act collectively to shut down a blockchain. On a typical Proof-of-Stake network the Nakamoto Coefficient is defined by the number of node operators that, together, control more than one third (33.33%) of all stake on the network. Polkadot’s NC is 113, while Solana’s is 18. Essentially DOT is 6X stronger than Solana!
SUB looking to add another zero… market cap now below a million. Large stakers upvoting their own content are the real losers here… thinking they were smart. Do the math.
The price of SUB as well as the trading volume remains steady and unaffected over the past 4 to 5 days. I see it is no longer available on StellaSwap on the Moonbeam chain though.
PEAQ continues to perform well despite altcoins getting hammered. The market cap of this project is still incredibly low, considering what is being built on it.
DOT is in a prime accumulation zone and trading just above the $4 mark. With a 48-hour unlocking period and 16% to 19% APR, it’s a good option, even for speculators.
Peaq Network, a Polkadot-based project is now home to more than 30 DePIN projects. I introduced readers to Peaq in May. Token coming soon! The future of DePIN is PINK! 🎀
Polkadot micro-cap Polkadex (PDEX) is currently up 25% over the past weekend and has spiked significantly higher during this timeframe.
All Cryptocurrencies are encrypted and immutable regarding confirmed blocks. An on-chain health check will reveal the true condition of a particular blockchain and its level of centralization. The Nakamoto Coefficient measures a blockchain’s level of decentralization. The higher the number, the more decentralized and robust. For example, Solana has a NC of 18 making it heavily centralized. Take a look at DOT!
ETH is back under $3000! That was a psychological level for Ethereum for quite some. Long-term investors win... and that goes for everything. Looks like it’s time for Polkadot to rise!
For some, the current SUB price is an opportunity, for others, it’s a temptation to give up! Make sure you are in the right camp. Keep your head in the game!🔥😎🔥