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A couple of hours ahead of Eth2 genesis, Ethereum node count has surpassed that of Bitcoin in a significant development. According to node tracking websites Ethernodes and Bitnodes, Ethereum node count is 11,252 while Bitcoin’s count is 11,131. This is a major event because the node count has long been cited as the differentiating metric of quality between these two leading blockchains.
Node Tracking Status As Of 1st Dec, 2020
The flippening in this key metric can be attributed to the imminent launch of Eth2 network, which requires validators to stake ETH and run their nodes to contribute to the network. To motivate the users for the one-way irreversible deposit (for at least 1-2 years), the rewards given are considerably high and the staking requirements (both technical knowledge and hardware needed) are within reach, enhancing participation rates.
Ethereum Network Difficulty Reaches ATH