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The latest conversations, stories and opinions of the Blockchain Technology Lab
 

Measuring Blockchain Decentralisation on the Consensus Layer – A Tool by the EDI Team

The Edinburgh Decentralisation Index (EDI) project aims to define and measure blockchain decentralisation in a systematic way. As a first step, the EDI team identified 8 dimensions of blockchain systems that can exhibit different degrees of (de)centralisation and are therefore interesting to evaluate. These layers include : 1) Hardware, 2) …

Crypto miners migrating augments major environmental concern

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 …

NewScientist quotes Director of BTL in article on “green” crypto Chia

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, …

Turning Academic Research into Cutting Edge Technology: Blockchain Technology Laboratory and the Cardano Ledger

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 …

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