# Multi-Chain Evaluation Framework
## Criteria
### Decentralization
- Consensum mechanism
- Number of active validators (past 14 days)
- Validator share distribution (past 14 days, gini coefficient)
- Token supply distribution (top 100 holders on Ethereum or on the chain itself, gini coefficient)
### Network statistics
- Uptime _- TODO: Need accurate sources_
- Block time
- Number of unique addresses
- Daily transactions (30-day harmonic mean)
- Gas price (30-day harmonic mean, gwei)
- Age (since genesis)
### Infrastructure
- VM
- Node services
- Reliable data oracles
- Number of existing protocols
- Block explorer
### Capital
- Chain TVL
- DEX liquidity (top 3)
- Token price (USD, 30-day moving average at close)
- Transaction efficiency magnitude (= _daily_transactions_ / (_gas_price_ * _token_price_))
- On/off-ramps and bridges
## Evaluations
### Ethereum - Baseline
_Updated: March 01, 2022_
#### Decentralization
- Consensum mechanism: **PoW**
- Number of active validators: **67** [[1]](https://etherscan.io/stat/miner?range=14&blocktype=blocks)
- Validator share distribution: **0.830** [[1]](https://etherscan.io/stat/miner?range=14&blocktype=blocks)
- Token supply distribution: **0.600** [[1]](https://etherscan.io/accounts)
#### Network statistics
- Uptime: **Highest**
- Block time: **13 seconds** [[1]](https://etherscan.io/chart/blocktime)
- Number of unique addresses: **189M** [[1]](https://etherscan.io/chart/address)
- Daily transactions: **1,168,206** [[1]](https://etherscan.io/chart/tx)
- Gas price: **86 Gwei** [[1]](https://etherscan.io/chart/gasprice)
- Age: **6 years and 7 months**
#### Infrastructure
- VM: EVM
- Node services:
- [Alchemy](https://www.alchemy.com/)
- [Infura](https://infura.io/)
- Reliable data oracles:
- [Chainlink](https://chain.link/)
- Number of existing protocols: **553** [[1]](https://defillama.com/chains)
- Block explorer: [Etherscan](https://etherscan.io/)
#### Capital
- Chain TVL: **$117.1B** [[1]](https://defillama.com/chains)
- DEX liquidity: **$25,466M**
- [Curve](https://curve.fi/): **$15,620M** [[1]](https://defillama.com/protocol/curve)
- [Uniswap](https://app.uniswap.org/#/swap?chain=polygon): **$4,790M** [[1]](https://info.uniswap.org/#/)
- [SushiSwap](https://app.sushi.com/en/swap): **$2,056M** [[1]](https://app.sushi.com/analytics/dashboard)
- Token price: **$2868.22** [[1]](https://www.tradingview.com/chart/?symbol=BINANCE%3AETHUSD)
- Transaction efficiency magnitude: **5**
- On/off-ramps and bridges: **N/A**
---
### Rollups
---
#### Arbitrum
_Updated: March 04, 2022_
:warning: **_Warning: Currently in mainnet beta which includes administrative controls._**
##### Decentralization
- Consensum mechanism: **Optimistic rollup w/ multi-round fraud proofs**
- Number of active validators: **1** [[1]](https://arbiscan.io/stat/miner?range=14&blocktype=blocks) [:information_source:](https://medium.com/offchainlabs/fraud-proofs-and-validators-how-you-or-anyone-can-keep-arbitrum-honest-d68add3f6c5d) :warning: No data on existence of defensive validators or watchtower validators
- Validator share distribution: **0**
- Token supply distribution: **N/A**
##### Network statistics
- Uptime: **High**
- Block time: **1.3 seconds** [[1]](https://arbiscan.io/chart/blocktime)
- Number of unique addresses: **416K** [[1]](https://arbiscan.io/chart/address)
- Daily transactions: **63,299** [[1]](https://arbiscan.io/chart/tx)
- Gas price: **0.8 Gwei** [[1]](https://cointool.app/gasPrice/arb) :warning: Missing historical data
- Age: **9 months** [[1]](https://arbiscan.io/block/1)
##### Infrastructure
- VM: **AVM**
- Node services:
- Infura
- Alchemy
- Reliable data oracles:
- Chainlink
- Number of existing protocols: **64** [[1]](https://defillama.com/chains/Rollup)
- Block explorer: [Arbiscan](https://arbiscan.io/)
##### Capital
- Chain TVL: **2.25B** [[1]](https://defillama.com/chain/Arbitrum)
- DEX liquidity: **$942.27M**
- SushiSwap: **$622.77M** [[1]](https://defillama.com/chain/Arbitrum)
- Curve: **$241.39M** [[1]](https://defillama.com/chain/Arbitrum)
- Balancer: **$78.11M** [[1]](https://defillama.com/chain/Arbitrum)
- Token price: **$2868.22** [[1]](https://www.tradingview.com/chart/?symbol=BINANCE%3AETHUSD)
- Transaction efficiency magnitude: **28**
- On/off-ramps and bridges:
- [Arbitrum Bridge](https://bridge.arbitrum.io/)
- Delay: ~10 minutes to deposit and ~7 days to withdraw
- Supported tokens: many
- [Hop Exchange](https://app.hop.exchange/)
- Delay: ~10 minutes
- Supported tokens: ETH, USDC, DAI, USDT
---
#### Optimism
_Updated: March 04, 2022_
##### Decentralization
- Consensum mechanism: **Optimistic rollup w/ single-round fraud proofs**
- Number of active validators: **1** [[1]](https://optimistic.etherscan.io/stat/miner?range=14&blocktype=blocks) [:information_source:](https://community.optimism.io/docs/how-optimism-works/#block-production) :warning: The sequencer is currently centralized and users need to completely trust Optimism PBC [[2]](https://community.optimism.io/docs/protocol/)
- Validator share distribution: **0**
- Token supply distribution: **N/A**
##### Network statistics
- Uptime: **High**
- Block time: **instant**
- Number of unique addresses: **296K** [[1]](https://optimistic.etherscan.io/chart/address)
- Daily transactions: **31,786** [[1]](https://optimistic.etherscan.io/chart/tx)
- Gas price: **0.001 Gwei** L2 gas + **unspecified** L1 gas
- Age: **3 months**
##### Infrastructure
- VM: **OVM**
- Node services:
- Infura
- Alchemy
- Reliable data oracles:
- Chainlink
- Number of existing protocols: **25** [[1]](https://defillama.com/chains/Rollup)
- Block explorer: [Etherscan Optimism](https://optimistic.etherscan.io/)
##### Capital
- Chain TVL: **335.51M** [[1]](https://defillama.com/chain/Optimism)
- DEX liquidity:
- Uniswap: **$44.8M** [[1]](https://defillama.com/chain/Optimism)
- Token price: **$2868.22** [[1]](https://www.tradingview.com/chart/?symbol=BINANCE%3AETHUSD)
- Transaction efficiency magnitude: **undefined**
- On/off-ramps and bridges:
- [Optimism Gateway](https://gateway.optimism.io/)
- Delay: ~10 minutes to deposit and ~14 days to withdraw
- Supported tokens: 37 tokens
- [Hop Exchange](https://app.hop.exchange/)
- Delay: ~10 minutes
- Supported tokens: ETH, USDC, DAI, USDT
---
### Alt-L1s
---
#### Polygon
_Updated: March 01, 2022_
##### Decentralization
- Consensum mechanism: **dPoS**
- Number of active validators: **79** [[1]](https://polygonscan.com/stat/miner?range=14&blocktype=blocks)
- Validator share distribution: **0.798** [[1]](https://polygonscan.com/stat/miner?range=14&blocktype=blocks)
- Token supply distribution: **0.834** [[1]](https://etherscan.io/token/0x7d1afa7b718fb893db30a3abc0cfc608aacfebb0#balances)
- Age: **1 year and 9 months**
##### Network statistics
- Uptime: **Highest**
- Block time: **2 seconds** [[1]](https://polygonscan.com/chart/blocktime)
- Number of unique addresses: **138M** [[1]](https://polygonscan.com/chart/address)
- Daily transactions: **3,077,908** [[1]](https://polygonscan.com/chart/tx)
- Gas price: **80 Gwei** [[1]](https://polygonscan.com/chart/gasprice)
##### Infrastructure
- VM: **EVM**
- Node services:
- [Alchemy](https://www.alchemy.com/)
- [Infura](https://infura.io/)
- Reliable data oracles:
- [Chainlink](https://chain.link/)
- Number of existing protocols: **203** [[1]](https://defillama.com/chains)
- Block explorer: [Polygonscan](https://polygonscan.com/)
##### Capital
- Chain TVL: **$4.2B** [[1]](https://defillama.com/chains)
- DEX liquidity: **$1,526M**
- [QuickSwap](https://quickswap.exchange/): **$823M** [[1]](https://info.quickswap.exchange/#/)
- [Curve](https://curve.fi/): **$461M** [[1]](https://defillama.com/protocol/curve)
- [SushiSwap](https://app.sushi.com/en/swap): **$242M** [[1]](https://app.sushi.com/analytics/dashboard)
- Token price: **$1.66** [[1]](https://www.tradingview.com/chart/?symbol=BINANCE%3AMATICUSDT)
- Transaction efficiency magnitude: **23,177**
- On/off-ramps and bridges:
- Exchanges:
- Binance
- Binance US
- Crypto.com
- Coinbase
- OKCoin
- Bridges:
- [Polygon Bridge](https://wallet.polygon.technology/bridge)
- Delay: ~4 hours
- Supported tokens: many
- [Hop Exchange](https://hop.exchange/)
- Delay: ~10 minutes
- Supported tokens: ETH, MATIC, USDC, DAI, USDT
---
#### Avalanche (C-Chain)
_Updated: March 04, 2022_
##### Decentralization
- Consensum mechanism: **Snowball Algorithm** [[1]](https://docs.avax.network/learn/platform-overview/avalanche-consensus/#:~:text=Consensus%20is%20the%20task%20of,scalable%2C%20robust%2C%20and%20decentralized.)
- Number of active validators: **1241** [[1]](https://www.avax.network/validators)
- Validator share distribution: **unknown** :warning: Missing data
- Token supply distribution: **0.167** [[1]](https://snowtrace.io/accounts)
##### Network statistics
- Uptime: **Highest**
- Block time: **2 seconds** [[1]](https://snowtrace.io/chart/blocktime)
- Number of unique addresses: **2M** [[1]](https://snowtrace.io/chart/address)
- Daily transactions: **971,282** [[1]](https://snowtrace.io/chart/tx)
- Gas price: **59 Gwei** [[1]](https://snowtrace.io/chart/gasprice)
- Age: **1 year and 5 months** [[1]](https://snowtrace.io/block/1)
##### Infrastructure
- VM: **EVM**
- Node services:
- Reliable data oracles:
- Chainlink
- Number of existing protocols: **176** [[1]](https://defillama.com/chains/EVM)
- Block explorer:
- [Avalanche Explorer](https://explorer.avax.network/)
- [Snowtrace](https://snowtrace.io/)
##### Capital
- Chain TVL: **$11.22B** [[1]](https://defillama.com/chain/Avalanche)
- DEX liquidity: **$1,725M**
- [Trader Joe](https://traderjoexyz.com/home#/): **$1,510M** [[1]](https://defillama.com/chain/Avalanche)
- Curve: **$1,240M** [[1]](https://defillama.com/chain/Avalanche)
- SushiSwap: **$215M** [[1]](https://defillama.com/chain/Avalanche)
- Token price: **$81.22** [[1]](https://www.tradingview.com/chart/?symbol=BINANCE%3AAVAXUSDT)
- Transaction efficiency magnitude: **203**
- On/off-ramps and bridges:
- [Avalanche Bridge](https://bridge.avax.network/select/transfer)
- Delay:
- Supported tokens: 24 tokens
---
#### Gnosis Chain (xDAI)
_Updated: March 03, 2022_
##### Decentralization
- Consensum mechanism:
- Number of active validators:
- Validator share distribution:
- Token supply distribution:
##### Network statistics
- Uptime:
- Block time:
- Number of unique addresses:
- Daily transactions:
- Gas price:
- Age: **3 years and 4 months** [[1]](https://blockscout.com/xdai/mainnet/block/1/transactions)
##### Infrastructure
- VM:
- Node services:
- Reliable data oracles:
- Chainlink
- Number of existing protocols: **26** [[1]](https://defillama.com/chains/EVM)
- Block explorer: [Gnosis Chain Explorer](https://blockscout.com/xdai/mainnet/)
##### Capital
- Chain TVL: **$256M** [[1]](https://defillama.com/chain/Gnosis)
- DEX liquidity: **$140M**
- Curve: **$112M**
- SushiSwap: **$17M**
- HoneySwap: **$11M**
- Token price: **$1**
- Transaction efficiency magnitude:
- On/off-ramps and bridges:
---
#### Cronos
_Updated: March 02, 2022_
##### Decentralization
- Consensum mechanism:
- Number of active validators:
- Validator share distribution:
- Token supply distribution:
##### Network statistics
- Uptime:
- Block time:
- Number of unique addresses:
- Daily transactions:
- Gas price:
- Age:
##### Infrastructure
- VM:
- Node services:
- Alchemy
- Reliable data oracles:
- Number of existing protocols: **46** [[1]](https://defillama.com/chains/EVM)
- Block explorer:
##### Capital
- Chain TVL: **$2.37B** [[1]](https://defillama.com/chain/Cronos)
- DEX liquidity:
- Token price:
- Transaction efficiency magnitude:
- On/off-ramps and bridges:
---
#### BNB Chain
_Updated: March 03, 2022_
##### Decentralization
- Consensum mechanism:
- Number of active validators:
- Validator share distribution:
- Token supply distribution:
##### Network statistics
- Uptime:
- Block time:
- Number of unique addresses:
- Daily transactions:
- Gas price:
- Age:
##### Infrastructure
- VM:
- Node services:
- Reliable data oracles:
- Chainlink
- Number of existing protocols: **324** [[1]](https://defillama.com/chains/EVM)
- Block explorer:
##### Capital
- Chain TVL: **$12.41B** [[1]](https://defillama.com/chain/BSC)
- DEX liquidity: **$5,545M**
- PancakeSwap: **$4,470M** [[1]](https://defillama.com/chain/BSC)
- Ellipsis Finance: **$615M** [[1]](https://defillama.com/chain/BSC)
- MDEX: **$460M** [[1]](https://defillama.com/chain/BSC)
- Token price:
- Transaction efficiency magnitude:
- On/off-ramps and bridges:
## Resources
- [Unhyped comparison of blockchain platforms](https://medium.com/coinmonks/unhyped-comparison-of-blockchain-platforms-679e122947c1)
- [Gini coefficient calculator](https://shlegeris.com/gini.html)