Input Output Global has partnered with the University of Edinburgh to develop the blockchain industry’s first decentralization index. Its name will be the Edinburgh Decentralisation Index (EDI). Measuring the quality of decentralisation is more difficult than you might think. It is important for the whole sector to establish a fair measurement methodology and to continuously recalculate the results. The public, as well as authorities and regulators, will have an overview of the decentralization quality of the main blockchain networks.
TLDR
- Metrics will be defined by the university and continuously measured. From the results, a decentralization score will be compiled for each blockchain.
- The EDI Index will make it possible to track long-term trends and changes in decentralization.
- The EDI Index will allow us to preserve the most important features of blockchain technology.
Read the article: Edinburgh Decentralization Index | Cardano Explorer