Part 9/15:
Ethereum’s validator count is around 448,000, adding approximately 169 new validators daily.
Chains like Elrond, Solana, and Tron add thousands of validators daily but vary in the ratio of those driving consensus versus total validators.
Smaller or newer chains show stagnation, raising questions about their long-term security and decentralization.
A loose correlation exists between the number of validators and Nakamoto coefficients, but these metrics are not perfectly aligned, indicating that simply increasing validator numbers does not equate to higher decentralization if concentrated pools dominate.