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

Edinburgh Decentralisation Index (EDI) Partnership Opportunity

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 Honoured with 2024 BCS Lovelace Medal for Blockchain Innovation

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 …

Call for Contributions: Enhance the Edinburgh Decentralisation Index (EDI)

We are thrilled to announce the next step in the evolution of the Edinburgh Decentralisation Index (EDI), a project dedicated to providing comprehensive insights into the decentralisation of various blockchains. Our platform is built on transparency and collaboration, and as we continue to develop, we’re inviting contributions from the broader …

Professor Emilios Avgouleas Explores Impact of Technology on Finance and Economic Growth

Professor Emilios Avgouleas, a distinguished expert in financial law and regulation at Edinburgh Law School and a member of the Blockchain Technology Lab, recently participated in significant discussions with senior UK financial regulators and industry leaders. The discussions aimed to explore the evolving landscape shaped by technology in finance and …

Alpha release of Edinburgh Decentralisation Index – EDI 

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, …

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) …

Comparison of alternative reward schemes for Cardano

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 …

Pool Splitting Behaviour and Equilibrium Properties in Cardano’s Rewards Scheme

Since the introduction of blockchain systems more than a decade ago, groups and individuals from both academia and industry have strived to refine the underlying protocols, improving their scalability, stability or decentralisation properties, to name a few. In this blog post, we will focus on the aspect of decentralisation and …

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 …

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