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Data from Chainspect | Jul 26, 2026, 20:34 UTC
# Name	Nakamoto Coefficient	Validators/Miners	Stake/Hashrate	Consensus Mechanism	Governance
1 Polkadot Layer 1	169 0.59%	600	$719.6M 1.14%	Nominated Proof of Stake	On-chain
2 TON Layer 1	87 7.41%	402 4.69%	$983.1M 9.05%	Proof of Stake (PoS)	On-chain
3 Avalanche Layer 1	25	626 0.48%	$1.441B 7.48%	Proof of Stake (PoS)	On-chain
4 Sui Layer 1	19	125	$5.106B 0.84%	Proof of Stake (PoS)	Off-chain
5 Solana Layer 1	17 5.56%	693 0.14%	$31.99B 0.86%	Proof of Stake (PoS)	Off-chain
6 Cardano Layer 1	15	2,086	$3.53B 0.69%	Proof of Stake (PoS)	On-chain
7 ICP Layer 1	14	674	$521.3M 0.92%	Proof of Useful Work	On-chain
8 Aptos Layer 1	14	94	$468.9M 1.53%	Proof of Stake (PoS)	On-chain
9 Algorand Layer 1	13	1,530 0.20%	$173.9M 4.64%	Pure Proof of Stake	On-chain
10 TRON Layer 1	13	27	$14.13B 0.07%	Proof of Stake (PoS)	On-chain
11 Tezos Ecosystem Ecosystem	12	198	$146.8M 1.71%	Proof of Stake (PoS)	On-chain
12 Tezos Layer 1	12	198	$146.8M 1.71%	Proof of Stake (PoS)	On-chain
13 MultiversX Layer 1	11	3,257 0.03%	$38.39M 2.06%	Proof of Stake (PoS)	On-chain
14 IoTeX Layer 1	10	71	$9.31M	Proof of Stake (PoS)	On-chain
15 Somnia Layer 1	10	35	$16.28M 1.63%	Proof of Stake (PoS)	Council
16 NEAR Layer 1	9	398 1.49%	$1.06B 4.75%	Proof of Stake (PoS)	Council
17 Sei Layer 1	8	40	$186.2M 2.16%	Proof of Stake (PoS)	On-chain
18 Hedera Layer 1	7	29	$1.031B 0.39%	Proof of Stake (PoS)	Council
19 BNB Chain Layer 1	7	45	$14.63B 0.93%	Proof of Staked Authority	On-chain
20 Cronos Layer 1	4	100	$812.9M 0.93%	Proof of Stake (PoS)	On-chain

The Nakamoto Coefficient is one of the most widely used metrics for measuring blockchain decentralization. It represents the minimum number of independent entities, such as validators in Proof-of-Stake (PoS) networks or miners in Proof-of-Work (PoW) networks, that would need to collude to compromise the network.

A higher Nakamoto Coefficient means a network is more secure, censorship-resistant, and resilient against coordinated attacks. For PoS blockchains, the Nakamoto Coefficient reflects how many validators control at least 33% of the total stake or voting power. For PoW blockchains, it measures how many miners control over 50% of the network's total hash power.

With Chainspect's real-time Nakamoto Coefficient dashboard, you can track and compare decentralization across 50+ blockchains. See which networks have the most robust validator or miner distributions, monitor changes over time, and assess the relative security of different ecosystems.

Decentralization is more than a buzzword — it's a core pillar of blockchain's value. Use our live data to make informed decisions, whether you're investing, building, or researching Web3 infrastructure.