Cardano Updates

Edinburgh Decentralisation Index

Some good progress on the Decentralisation Index being developed by Edinburgh University to provide an objective measure on top level cryptocurrencies.

The group have just released version 1 of the dashboard. Obviously good to see that Cardano measures up well, but in all honesty it’s something ecosystem participants already knew.

The value will be in making this a truly industry wide measure, and looking carefully at areas where Cardano can still improve.

Edit 2nd May 2024: A further update to the index has introduced a new tokenomics dashboard in addition to the consensus dashboard. Cardano scores less well against peers such as Bitcoin when tokenomics are measured, so it will be interesting to see how this tracks in the coming years. We expect to see distribution improve as more entities join the ecosystem, and as Catalyst funds are distributed in future rounds.