5 ms·

Publicly verifiable randomness is possible without relying on astronomical events. Check out threshold relay by the Dfinity team (which we're porting to Ethereu

Publicly verifiable randomness is possible without relying on astronomical events. Check out threshold relay by the Dfinity team (which we're porting to Ethereum), or RandHound and RandHerd [1]. 1 - https://eprint.iacr.org/2016/1067.pdf https://eprint.iacr.org/2016/1067.pdf

barbegal 9y ago
That paper assumes that at most f out of at least 3f+1 participants are dishonest. In practice one can't make that assumption since sybil attacks are easy.
- mhluongo 9y ago
  You can bootstrap a Sybil-resistant system using PoW or some other method. This is one building block.