Blockchain
By Steven Anderson
1 / 12
Ethereum (ETH) and Nakamoto Coefficient of 25
2 / 12
Ethereum has been showcasing bullish movement in the crypto market over the past weeks. This has indeed been beneficial to both HODLers and traders alike; however, it is…
3 / 12
Trade signal users report that they were able to trade and make profits. And, it has been a good run for crypto assets and that it was a real deal.
4 / 12
With ETH the trend is on a daily increase. Investors from across the world are interested in cryptocurrencies and digital currencies looking to collect bigger gains.
5 / 12
In this regard, Sydney Ifergan, the crypto expert tweeted: “Ethereum (ETH) have put in so much time and effort to make the beacon chain possible at minimum genesis.
6 / 12
It took efforts from lot of developers, researchers and educators and community members who made it happen. Investors are hoping that the momentum should continue.
7 / 12
Vitalik in his tweet published some statistics about ETH2 deposits particularly about those that will go in to the genesis.
8 / 12
One of the users after looking in to the stats was wondering if users know that their stakes will be frozen for a minimum of one year.
9 / 12
Some of them who missed the staking were wondering if it is still possible to be part of genesis?
10 / 12
When someone asked is the Nakamoto coefficient of 25 considered low? Obviously this number isn’t too meaningful yet since we’re just getting started.
11 / 12
Vitalik responded stating, actually I would say it's higher than most in crypto! I'm pleasantly surprised.
12 / 12
In turn the curious user stated, that’s certainly true! It’ll be interesting to watch how the coefficient will change over time.
The Currency Analytics
Want the full story?