The Solana Foundation recently published its first report assessing the health of the Solana network.

Your initial report delves into key metrics that assess the health of your validator network. These include your total validator count, Nakamoto consensus, and distribution.

break the nodes

for the foundation report on Wednesday, Solana currently consists of more than 3,400 validators on six continents. Validators are responsible for independently verifying new transactions and storing the status of the Solana ledger.

“A large and diverse set of validating operators is essential to maintaining a resilient, distributed, and reliably neutral network for the world to use,” the foundation explained.

Validators fall into two camps: consensus nodes and RPC nodes.

Consensus nodes create and propose new blocks for the network while verifying blocks proposed by other network nodes. In general, the more consensus nodes there are, the less likely a user’s transaction will be tampered with.

Meanwhile, remote procedure call (RPC) nodes perform the same functions as consensus nodes, but also provide an “application gateway” to the Solana infrastructure. They often provide a convenient way for users to interact with the main Solana network in a way that is specialized for a particular application.

Over 1,900 of Solana’s validators are consensus nodes. Additionally, an average of 95 consensus nodes and 99 RPC nodes have joined the network each month since June 2021.

Nakamoto Coefficient and Distribution

Meanwhile, Solana’s “Nakamoto coefficient” is 31. This metric represents the minimum number of validators needed to compromise a network’s consensus, commonly defined as 33.4% of voting power.

The relatively low Nakamoto coefficient compared to the validator count is due to Solana’s proof-of-stake mechanism. Proof-of-stake puts greater influence over the consensus state of the network in the hands of those who hold and stake the most SOL.

According to Coincarpa, even though there are 9 million holders, the top 100 SOL holders alone control 30.81% of the total supply. However, the report noted that none of the major data centers running Solana nodes come close to exceeding 33% active participation.

On a geographical basis, around 50% of Solana’s shareholding is concentrated in just 3 countries: Germany, the United States and Ireland.

The foundation notes that this is even healthier than Ethereum’s 45% miner concentration in the US. However, Ethereum is set to transition to a proof-of-stake consensus model in September, which will see this statistic is irrelevant.

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