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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) …

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 …

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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