Research

🥧 Number of Tezos bakers is growing

Messari

Aug 10, 2018 ⋅  1 min read

After about three weeks of operation the Tezos ($XTZ) blockchain has seen an increase in the number of validators, or what they call bakers, on the network. Despite a range of bakers, 108 in total excluding those run by the Tezos foundation, concentration remains a concern. Currently, the top two bakers control 20 percent of all staked XTZ while the foundation controls slightly less than 50 percent.

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