Ethereum Foundation Weighs $15 Million Bid to Build ‘Randomness’ Tech

Ethereum Foundation Weighs $15 Million Bid to Build ‘Randomness’ Tech 

At the cutting edge of blockchain research is a potential $15 million dollar venture by the Ethereum Foundation centered around a technology called Verifiable Delay Functions (VDFs). Acting as a source of computer-generated randomness that is unpredictable and unbias-able, VDFs are envisioned for use in a highly-anticipated “proof-of-stake”(PoS) system called Serenity which the ethereum network will…

The post Ethereum Foundation Weighs $15 Million Bid to Build ‘Randomness’ Tech appeared first on Complete Bitcoin Guide for Beginners.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s