Explore tweets tagged as #ECVRFs
not known to any individual party. 🏈Zero-knowledge proofs: ECVRFs can be used to construct zero-knowledge proofs, which allow a party to prove knowledge of a secret without revealing the secret itself. This can be useful for various applications, such as
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⭐Private transactions: MPC can enable private transactions on the Orochi Network, protecting user privacy while maintaining the integrity of the system. ECVRF on the other hand, can be used for: 🏈Verifiable randomness: ECVRFs can be used to generate verifiable randomness for
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various applications, such as lotteries, random number generation for consensus protocols, and fair distribution of rewards. 🏈Secure multi-party computations: ECVRFs can be used to enhance the security and privacy of MPC protocols by providing verifiable randomness that is
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Understanding the Mechanics of ECVRFs ⚒️ Discover how to generate random numbers that can be proven truly random! 🔍 Elliptic Curve Verifiable Random Functions (ECVRF) utilize a public-key cryptography system with these key components: 🔻 Public-Private Key Pair 🔻 One-Way
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Demystifying Verifiable Random Functions (VRFs) 🎲 ECVRFs power our Orand - the trustless source of randomness. 🔍 Seeking a deeper understanding? ECVRFs are cryptographic primitives that offer a unique combination of randomness and verifiability. They address a key limitation
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One use-case that I'm particularly excited about is ECVRFs. As specified in RFC9381 ( https://t.co/n862cVxZQm), elliptic curves can be used to construct a VRF. This enables Subnets to utilize their validator sets in order to generate on-chain randomness secured by stake 🤯
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🔹 Orand — bringing provable randomness to blockchain. Powered by ECVRFs, Orand outputs randomness that’s impossible to manipulate—and easy to verify. No backdoors. No bias. #FairnessInCode
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7/ Anti-Bot Mechanisms ⚔️ Orand ECVRFs can generate random challenges that need to be solved to verify human presence Bots would have difficulty solving these challenges, further deterring their presence in the game
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2012 Rattlesnake Roundup Is A Wrap http://t.co/9HA82ssJ
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5/ Fair Matchmaking 🔮 Orand ECVRFs ensure truly random and unbiased number generation, enabling fair matchmaking algorithms => Players of @HeroesEmpires will face opponents based on their skill levels, character strengths, and other relevant factors 🤝
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