Exploring Correlation Patterns in the Ethereum Validator Network

Fuente: arXiv
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Auteurs principaux: Brown, Simon, Bautista-Gomez, Leonardo
Format: Preprint
Publié: 2024
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author Brown, Simon
Bautista-Gomez, Leonardo
author_facet Brown, Simon
Bautista-Gomez, Leonardo
contents There have been several studies into measuring the level of decentralization in Ethereum through applying various indices to indicate the relative dominance of entities in different domains in the ecosystem. However, these indices do not capture any correlation between those different entities, that could potentially make them the subject of external coercion, or covert collusion. We propose an index that measures the relative dominance of entities based on the application of correlation factors. We posit that this approach produces a more nuanced and accurate index of decentralization.
format Preprint
id arxiv_https___arxiv_org_abs_2404_02164
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Exploring Correlation Patterns in the Ethereum Validator Network
Brown, Simon
Bautista-Gomez, Leonardo
Physics and Society
Social and Information Networks
Theoretical Economics
There have been several studies into measuring the level of decentralization in Ethereum through applying various indices to indicate the relative dominance of entities in different domains in the ecosystem. However, these indices do not capture any correlation between those different entities, that could potentially make them the subject of external coercion, or covert collusion. We propose an index that measures the relative dominance of entities based on the application of correlation factors. We posit that this approach produces a more nuanced and accurate index of decentralization.
title Exploring Correlation Patterns in the Ethereum Validator Network
topic Physics and Society
Social and Information Networks
Theoretical Economics
url https://arxiv.org/abs/2404.02164