Cardano and XRP communities should lower their ETF expectations, shows new research
recently released its ETF Possibility Score, which evaluates the potential for ETFs on various cryptocurrencies based on decentralization and demand metrics. The research involves calculating decentralization and demand scores by converting various category metrics into z-scores, combining them and averaging each category's z-score.
Key decentralization metrics include the Nakamoto Coefficient, which measures the smallest number of entities that can collude to attack a network, and staking requirements, which assesses the ease of participation as a node operator or validator. and Cardano have decentralization scores of -0.9 and -0.1, ranking last and fifth, respectively. It should be noted that Nakaflow does not provide a rate for Cardano and XRP, so GSR used estimates based on other sources.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Revolutionizing Tech: Universal Tech Expo 2024 Ignites Innovation in the Heart of Southeast Asia
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