You are viewing a single comment's thread from:RE: LeoThread 2023-05-13 14:18View the full contextView the direct parentjfang003 (77)in LeoFinance • 2 years ago It depends but having more never hurts. Of course, the top validators get rewarded the most though.
The fewer validators a blockchain has, the higher the performance. But at what point is it susceptible to a government shutdown is what I'm wondering.
At one point the Ronin side chain only had 5 validators!
It just depends. We don't need many if we want to be centralized but if we want to be decentralized, we need more.
For a cryptocurrency to have value it must be censorship-resistant. And if a blockchain only has a few validators I think it would be easily shutdown by the authorities once it became a real threat to the financial system.