Polkadot, a blockchain platform for interoperability, has a Nakamoto Coefficient of about 149 as of early 2025, is more decentralized than most top blockchains, with Bitcoin at 3 and Ethereum at 2
Polkadot’s Nakamoto Coefficient is around 149, indicating high decentralization. It seems likely that Polkadot is more decentralized than most top blockchains, with Bitcoin at 3 and Ethereum at 2. The evidence leans toward Polkadot’s design enhancing security, but exact comparisons vary by consensus type. Polkadot’s Nakamoto Coefficient Polkadot, a blockchain platform for interoperability, has a…