Introduction
A cryptocurrency infrastructure provider company, Chainstack, conducted a comprehensive study on regional validators’ chain preferences. The research offers valuable insights into the choices made by developers and users in the evolving landscape of web3 technology.
Regional Trends
According to the latest report from Chainstack, Ethereum emerges as the leader in web3 developer activity in the United States. Meanwhile, BNB Chain takes the lead as the preferred option in Europe and Asia.
Protocol Preferences
Chainstack, known for running nodes on behalf of its users, analyzed node dominance and protocol preferences in 2023. The data revealed that Ethereum dominates protocol preferences in the US, constituting 38.9% of node demands. This was followed by BNB Chain and Polygon with 31.3% and 17.2% respectively.
Node Types
The report emphasized a preference for full nodes over archive nodes in all regions, with a remarkable 99.5% preference in Asia. Full nodes offer an efficient solution by reducing blockchain data, ensuring smoother operations compared to maintaining a complete archive of transaction history.
Flexible Nodes: Cost Effectiveness and Scalability
Flexible nodes have gained popularity due to their cost-effectiveness and scalability. Unlike dedicated nodes tailored for single-use or specific applications, flexible nodes can be accessed by multiple users and applications simultaneously, providing a versatile and efficient solution.
Chainstack’s Support
Chainstack supports 25 of the largest blockchain networks, including Ethereum, Bitcoin, Polygon, and BNB Chain. This extensive support empowers users and developers with diverse options, enabling them to make informed decisions based on their specific requirements and regional preferences.
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