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Usually, commitment schemes are used for this: https://en.wikipedia.org/wiki/Commitment_scheme https://en.wikipedia.org/wiki/Commitment_scheme (However, if the
by fweimer 10mo ago
Usually, commitment schemes are used for this: https://en.wikipedia.org/wiki/Commitment_scheme https://en.wikipedia.org/wiki/Commitment_scheme
(However, if the stakes are high enough, the party that learns the outcome first can choose to exit the protocol if they are unsatisfied with the result.)
- petermcneeley 10mo agoI think mine from 2017 is a commitment scheme. Certainly is not unique or novel. https://darkcephas.blogspot.com/2017/07/fair-random-number-generation-for.html https://darkcephas.blogspot.com/2017/07/fair-random-number-g...
- jstanley 10mo agoIf you're worried about someone exiting the protocol, you can use a smart contract to lock their funds so that if they simply exit then they lose all their money.