Cryptocurrency Q&A What is Nakamoto index?

What is Nakamoto index?

Valeria Valeria Tue Nov 26 2024 | 6 answers 1233
The Nakamoto index, named after the pseudonymous creator of Bitcoin, Satoshi Nakamoto, is a metric used to assess the decentralization of a cryptocurrency network. It measures the minimum number of entities required to control more than 51% of the network's mining hash rate, thus potentially enabling them to perform a 51% attack. What is Nakamoto index?

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