Decentralization metrics are quantifiable measures used to assess the degree of decentralization within a blockchain network or protocol. These metrics help evaluate how distributed control, decision-making power, and network participation truly are. They are essential for understanding the governance and resilience characteristics of various digital asset systems.
Context
The level of decentralization is a core tenet discussed in relation to many blockchain projects, influencing their perceived robustness and censorship resistance. Analysts employ various metrics, such as the distribution of token holdings, validator set size, and node diversity, to gauge this aspect. News often reports on shifts in these metrics, which can signal changes in network governance or security assumptions.
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