EddieJayonCrypto

 21 Jun 24

tl;dr

Solana has a total of 5541 nodes, with the US hosting 2013 nodes (36.3%), followed by Canada with 739 nodes (13.34%) and the Netherlands with 553 nodes (9.98%). The top 20 nodes form a "superminority" and have the power to halt the blockchain. This has raised concerns about the potential for central...

Solana boasts a total of 5541 nodes, with the United States hosting 2013 nodes, Canada with 739 nodes, and the Netherlands with 553 nodes. The nodes are dispersed across 49 countries, 230 cities, and 529 data centers, with significant hubs in Chicago, Tokyo, Naaldwijk, Dallas, Berlin, and New York.

The top 20 nodes, forming a "superminority," hold the power to halt the blockchain, raising concerns about potential centralization within the Solana network. This "superminority" collectively controls enough stake to disrupt the network if they were to collude, as highlighted by crypto commentator @martypartymusic and X user @adambarlam.

This distribution underscores the decentralized nature of Solana, but also emphasizes the need to understand the implications of the "superminority," as they possess the capability to halt, censor, or restart the entire chain. It is crucial to grasp the dynamics of this small group of validators and the potential centralized risks they pose to the network.

More about ASE Industrial Holding Co Ltd ADR

ASE Industrial Holding Co Ltd ADR Summary

Sector: MANUFACTURING

Industry: SEMICONDUCTORS & RELATED DEVICES

Market Cap: $25.46 billion

Current Price: $23.58

PE Ratio: 5.2

EPS: $0.5

ROE: 271.43%

Dividend Yield: 0.0541

Revenue: $583.83 billion

Debt to Equity: 9.9

Net Margin: -1.9%

Operating Margin: 1.5%

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