Applying Shannon entropy to five subsystems of seven blockchains shows crypto mostly decentralized over time, with recent centralization in Bitcoin consensus, NFT marketplaces, and developers.
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Are Crypto Ecosystems (De)centralizing? A Framework for Longitudinal Analysis
Applying Shannon entropy to five subsystems of seven blockchains shows crypto mostly decentralized over time, with recent centralization in Bitcoin consensus, NFT marketplaces, and developers.