What is Osmosis?

Osmosis is an advanced Automated Marketer Protocol (AMM) that allows developers to build custom AMMs with robust liquidity pools. Osmosis is built using the Cosmos SDK and uses the Inter-Blockchain Communication (IBC) feature to enable cross-chain transactions. The cosmos ecosystem follows the "Blockchain as Decentralized Program" architecture; This means that Osmosis is a blockchain connected to cosmos Hub, which is also a decentralized exchange.

Osmosis, with the help of IBC, connects to the entire ecosystem of Cosmos chains and their more than 10 billion dollars of native assets. After supporting active blockchains on the Cosmos hub, the project aims to connect to other chains such as Ethereum and Bitcoin.

Osmosis allows users to create liquidity pools with unique parameters. For example, as you know, two tokens with an equal ratio should be added in normal liquidity pools; But in this project, pools with multiple ratios can be created. Osmosis rewards structure is also compatible with these capabilities.

Osmosis got ideas from three automatic market makers, UniSwap, Balancer and Crew Finance; Therefore, it can be said that it has the advantages of all thr

What is the Nakamoto coefficient?

Nakamoto coefficient is used to measure the degree of decentralization of blockchain networks. This coefficient shows the minimum number of nodes required to disrupt a blockchain network. The Nakamoto coefficient was first introduced in 2017 by former Coinbase CTO Balaji Srinivasan. It is true that this coefficient is named after Satoshi Nakamoto, the founder of Bitcoin, but it is not only applicable to the Bitcoin network; It can also be used to analyze different types of blockchains. In his original design, Srinivasan tried to accurately measure the degree of decentralization of a system with a quantitative method. The initial method that he suggested was obtained from the combination of Gini coefficient and Lorenz curve.

These coefficients are used as a tool in examining inequality and non-uniformity in an economic discussion; But Srinivasan presented the idea of ​​using them in blockchain decentralization concepts. In fact, the Nakamoto coefficient is obtained from the combination of the Gini coefficient and the Lorenz curve.

1- The number of votes →YES, No ,ABSTAIN, NO WITH VETO, has been reviewed based on three proposals 114, 196 and 337

• The highest vote for proposal 196 was YES

2- The percentage of votes has been checked in terms of type

• The highest vote was YES with about 92%

1- The number of voters →YES, No ,ABSTAIN, NO WITH VETO, has been reviewed based on three proposals 114, 196 and 337

• The highest vote for proposal 196 was YES

2- The percentage of votes has been checked in terms of type

• The highest voters was YES with about 62%

• Comparing the three proposals 114, 196 and 337, the highest vote was for proposal 196 and the highest vote was on April 8 at 10:00 p.m.

• In comparison of three propositions 114, 196 and 337, the highest voters was for proposition 196 and the highest vote was on April 8 at 10:00 p.m.

• In the review of the top ten validators in terms of the ratio of votes to all validators, the osmo****3kvts wallet has the highest ratio of votes to other validators with about 20%.

• Top ten wallet validators in comparison osmo****kvts has the most voting power with about 25%

• The highest stake was on September 26, 2022, and then on August 29

The graph below shows the distribution of voting power over time

• Voting power and centralization were more in 2021, and gradually in 2022, voting power decreased and we see decentralization in the system.

Nakamoto coefficient

In the graph below, Nakamoto's coefficient is compared with the ratio of votes over time on a daily basis

• Comparing the Nakamoto coefficient with the vote ratio over time, it seems that as the vote ratio has decreased, the Nakamoto coefficient has also increased, so that the Nakamoto coefficient has increased from 3 in 2021 to about 9 in October 2022.

Conclusion

• The highest vote for proposal 196 was YES
• The highest vote was YES with about 92%
• The highest voters was YES with about 62%

• Comparing the three proposals 114, 196 and 337, the highest vote was for proposal 196 and the highest vote was on April 8 at 10:00 p.m.
• In comparison of three propositions 114, 196 and 337, the highest voters was for proposition 196 and the highest vote was on April 8 at 10:00 p.m.

• Top ten wallet validators in comparison osmo****kvts has the most voting power with about 25%
• The highest stake was on September 26, 2022, and then on August 29

• Voting power and centralization were more in 2021, and gradually in 2022, voting power decreased and we see decentralization in the system.
• In the review of the top ten validators in terms of the ratio of votes to all validators, the osmo****3kvts wallet has the highest ratio of votes to other validators with about 20%.

• Comparing the Nakamoto coefficient with the vote ratio over time, it seems that as the vote ratio has decreased, the Nakamoto coefficient has also increased, so that the Nakamoto coefficient has increased from 3 in 2021 to about 9 in October 2022.

The dashboard link has been tweeted