Cardano cracks the top four for staking decentralization
@Cardano now ranks fourth among major blockchains by Nakamoto coefficient, the metric for how many independent entities it would take to disrupt a network. Live data from tracker Chainspect puts its score at 23, behind only Polkadot at 178, TON at 72, and Avalanche at 26.
The jump traces to the Plomin hard fork, which handed network governance to cardano:native holders directly. A higher coefficient means stake is spread across more hands, making coordinated control harder.
The coefficient measures stake concentration, not decentralization in full, and the figure shifts by tracker and by day.