ARK Invest and Glassnode Map Decentralization Spectrum Across Top Layer-1 Blockchains

ARK Invest and Glassnode have released a joint white paper that evaluates the decentralization of Bitcoin, Ethereum, and Solana. The report maps each network against four distinct design features and six quantifiable dimensions to assess decentralization, security, and resilience.

The framework looks at deliberate architectural choices made by each network. Bitcoin prioritizes simplicity and security through its proof-of-work consensus, while Ethereum balances programmability with decentralization through its proof-of-stake transition. Solana optimizes for speed and throughput, which requires different compromises.

This is not the first collaboration between ARK Invest and Glassnode, but it marks an expansion of their joint efforts to include a three-chain comparative study. The partnership suggests that ARK views Ethereum and Solana as warranting the same level of fundamental scrutiny it has historically reserved for Bitcoin.