Q2 2026 · realtime
You were told it's decentralized. Here's who's actually running it.
Every metric comes from public chain APIs and explorers. Click any source to verify. The Nakamoto coefficient is front and center — lower means fewer hands.
Live for 8 chains · Q2 2026 snapshot for 12 · Nakamoto in red when ≤ 5
pick a network
Ranked by how few hands hold it
20 networksConcentration score from Nakamoto + top entity share. Red = power in few hands.
The same names, across different chains
Centralization is rarely one chain's problem. The same operators, clouds, and exchanges recur at the top.