Web3 and DeFi are widely advocated as innovations for greater financial inclusion and democratization. We conduct an initial investigation using data from the Ethereum network. We describe its network structure and distributions of transactions, mining, and ownership. Mining and ownership of...

Web3 and DeFi are widely advocated as innovations for greater financial inclusion and democratization. We conduct an initial investigation using large-scale computing and big data concerning Ethereum, the largest Web3 platform. We describe its network structure, time trends, and distributions of...

Web3 and DeFi are widely advocated as innovations for greater financial inclusion and democratization. We assemble the most comprehensive dataset to date on the largest Web3 ecosystem and use large-scale computing to conduct an initial investigation. We describe Ethereum's network structure,...