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Coinbase released its first Ethereum Validator Performance Report, revealing that it now operates 120,000 validators managing 3.84 million staked Ethereum (ETH) tokens. With this accounting for 11.42% of the total staked Ethereum, Coinbase is the largest individual node operator on the Ethereum network.
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Coinbase now operates 120,000 validators, controlling 11.42% of total staked Ethereum, making it the largest individual node operator.
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Further, the company distributes its validators across multiple countries and cloud providers (AWS and GCP), reducing the likelihood of service disruptions.
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