Bitcoin Decentralization Cracks: Is Cardano’s Model a Potential Solution?

Recent analysis reveals that Bitcoin’s mining power is increasingly concentrated in the hands of just three pools – Foundry USA, AntPool, and ViaBTC – controlling over 62% of the network hashrate. This raises concerns about Bitcoin’s long-held decentralization model. Meanwhile, Cardano stands out as a promising alternative with its decentralized structure. It boasts over 1,400 active stake pools and no single operator exceeding 5%, making it significantly more resistant to centralization.