Regulation· ★★★· neutral·

EU researchers: blockchain analytics accuracy depends on how 'accuracy' is defined

  • MIH tests were conducted on official EU data, not synthetic datasets
  • Clustering accuracy ranges from nearly 100% to 0% depending on the definition
  • Major analytics firms refuse to disclose their clustering algorithms
  • The authors argue blockchain analytics lacks 'forensic' reliability
Why it matters: The findings cast doubt on the use of blockchain analytics as evidence in courts and regulatory proceedings.
Source: Blockhead