Polkadot’s decentralization metric, the Nakamoto Coefficient, has surged to 92, a sign of robust network security.
Despite decentralization success, Polkadot’s native token, DOT, faces a 3% price drop, struggling to break resistance levels.
The decentralization of Polkadot (DOT), a blockchain platform created to facilitate interoperability amongst different blockchains, has been greatly reinforced. The Nakamoto coefficient, an important indicator of the blockchain’s resilience to disruption, distinguishes this breakthrough.
Polkadot has a Nakamoto coefficient of 92 as of the most recent data, shared by Polkadot Insider on X, which is a significant improvement over its prior score of 70 from April 2023. The Nakamoto coefficient represents the least work needed to break a given blockchain. A higher score implies a more secure and decentralized network.
RANKING BLOCKCHAINS BY NAKAMOTO COEFFICIENTS SCORE IN 24 HOURS
On Proof-of-Stake networks, the Nakamoto Coefficient quantifies the

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