IOG and University of Edinburgh to build standard metric for crypto decentralisation

11/18 12:07

Input Output Global, Inc. (IOG), one of the builders of Cardano, the leading proof of stake blockchain, has partnered with the University of Edinburgh, one of the most highly rated academic institutions in the United Kingdom, to develop the blockchain industry’s first ‘decentralization index’.The Edinburgh Decentralization Index (EDI) aims to create more transparency by using a research-based methodology to produce a framework that consistently determines the ‘decentralization’ level of public blockchain projects. Protecting against high levels of centralization aligns with the core principles of blockchain systems and can safeguard against events such as when a centralized control of funds means end users can’t withdraw their investments.
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