@espeosoftware: Blockchain wealth often seems centralised due to Gini metrics—but that’s misleading. Explore the real dynamics of ether distribution and data interpretation. While Gini coefficients are a standard for assessing wealth inequality, they fall short in the blockchain context. Blockchains like Ethereum show high Gini scores, suggesting extreme centralisation. However, this overlooks key factors—such as an endless pool of empty wallets and the role of custodial services (e.g. exchanges holding funds for millions). When these are considered, the distribution appears less skewed. Moreover, Ethereum’s wealth distribution is decentralising over time, showing improving trends. #ontheblock #web3 #ethereum #crypto #dataanalysis

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