
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
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