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Day: February 7, 2019

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

cryptocurrency February 7, 2019

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). Advertisements 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 […]

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