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

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 …

Rethinking Information Technology from a Decentralisation Perspective, webinar by Prof. Aggelos Kiayias

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 …

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 …

The Architecture of Decentralised Finance Platforms in the Post COVID-19 Era — A New Open Finance Paradigm

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 …

Advances in Blockchain Technology Scotland 2020 – Webinar

The Blockchain Technology Lab (BTL) hosted the “Advances in Blockchain Technology Scotland” webinar on September 30, 2020, in collaboration with the Bayes Centre. This half-day event aimed to showcase the cutting-edge blockchain research being conducted at the University of Edinburgh in Scotland, UK. Led by Prof Aggelos Kiayias, Chair of …

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