The EDI team is officially launching today the alpha version of the index. The EDI is not a number or a graph! It is a framework, set of tools and graphical interface for the blockchain community to collaboratively and transparently measure and compare the decentralisation of different blockchain systems. Ultimately, …
Congratulations to Amirreza Sarencheh for his outstanding achievement in winning the prestigious “Best Fintech Student of the Year” award at the 2022 Scottish Financial Technology Awards, organised by DIGIT, Scotland’s renowned technology, media, and events company. Amirreza, a dedicated PhD student at the Blockchain Technology Lab, University of Edinburgh, has …
In a previous blog post, we analysed Pool Splitting Behaviour and Equilibrium Properties in Cardano’s Rewards Scheme, demonstrating results from experiments that were carried out using a simulation engine that we developed. This time, we are here to explain in detail how this tool works and go over the design …
The reward sharing scheme used in the current deployment of Cardano has some favourable properties that were analysed theoretically in an academic paper and through simulation experiments in our previous blog post. Specifically, we examined the reward scheme in terms of the level of decentralisation it induces and concluded that …
Chinese crypto firms are relocating to other nations amidst a crackdown by Chinese authorities, who are addressing concerns regarding energy usage and financial risks associated with the crypto industry. The Scotsman recently featured an article on the environmental impact of migrating crypto miners, with insights from Prof. Aggelos Kiayias. For …
Prof. Aggelos Kiayias gave a webinar at the Crypto and Blockchain Economics Research Forum (CBER) last Thursday, 2nd December, on the topic, “Rethinking Information Technology from a Decentralisation Perspective.” His talk (abstract below) was based upon research compiled in the following paper: Decentralizing Information Technology: The Advent of Resource Based …
NewScientist recently featured an article shedding light on the Chia cryptocurrency and its profound impact on the global supply chain of hard disk drives. Chia utilises an innovative proof-of-space (also known as proof-of-capacity) technology, aiming to surpass the energy-intensive proof-of-work system employed by Bitcoin in terms of environmental friendliness. However, …
The advent of the Bitcoin system in 2009 brought forth the promise of blockchain technology in Information Technology (IT) services. Sir Mark Walport’s report “Distributed ledger technology: beyond block chain” in early 2016 was among the first extensive governmental reports world-wide documenting the disruptive nature of this technology. Nevertheless, the …
The Blockchain Technology Lab has achieved remarkable success this year, with an outstanding accomplishment of having 7 papers accepted at the prestigious Financial Cryptography and Data Security 2021 conference. This major international event encompasses a comprehensive exploration of securing transactions and systems. To access the full FC21 program, click here …
The Faculty of Law at the University of Oxford have published in the Oxford Business Law Blog a comprehensive summary of a recent interdisciplinary research paper by Prof. Emilios Avgouleas and Prof. Aggelos Kiayias constituting a new paradigm of decentralised finance in the post COVID-19 era. To read a comprehensive summary of …
