We are excited to announce the spin-out of the Edinburgh Decentralisation Index (EDI)—a major step in bringing decentralisation-based resilience assessment to security-critical domains beyond blockchain. The EDI project, developed at the University of Edinburgh, is at the forefront of measuring decentralisation in blockchain networks. Now, as a spin-out, we are …
Measuring Blockchain Decentralization with EDI The Edinburgh Decentralisation Index (EDI), developed by the Blockchain Technology Laboratory at the University of Edinburgh’s School of Informatics, is an initiative aimed at defining and measuring the decentralization of blockchain systems. By incorporating metrics from diverse fields such as economics and network science, EDI …
About EDI The Edinburgh Decentralisation Index is an initiative by the Blockchain Technology Lab at the University of Edinburgh to establish transparent, measurable decentralisation metrics for blockchain networks. Part of our mission is to reduce reliance on third-party data sources by independently gathering data through full-node setups. This approach enables …
Professor Aggelos Kiayias, Director of the Blockchain Technology Lab at the University of Edinburgh, has received the 2024 BCS Lovelace Medal, one of the most distinguished honours in computing, for his impactful contributions to cybersecurity and cryptography. Named after Ada Lovelace – the 19th-century mathematician considered the first computer programmer …
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 …
