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Balaji Srinivasan and Raj Gokal: The Network State (Breakpoint 2024)

Real Vision: Finance & Investing

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Measuring Decentralization and the Emergence of Network States

This chapter explores the intricacies of decentralization in blockchain systems, focusing on the Nakamoto coefficient as a key metric for censorship resistance. It also examines the evaluation of cloud states through various socio-economic indicators, highlighting the blend of digital and physical realms in assessing network success.

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