Want to hear something random? Our new Verifiable Random Function helps blockchain developers generate random numbers for GameFi projects and other products built with smart contracts. Take a look at 5 ways you can benefit from Binance Oracle VRFs ⤵️
Verifiable Random Functions are random number generators whose outputs can be cryptographically proven as random. Here’s a quick summary of how it works.The VRF computes the inputs and generates pseudorandom outputs.All proof is published and verified on-chain before applications can use the output.There are various scenarios where blockchain applications require randomness. A few examples include:Picking samples for a consensus mechanism.
The developer must convince its users that the poker game uses a fair and unbiased algorithm. For example, the deck of cards is shuffled randomly, and no party, including the developer, can manipulate the game. Many blockchain developers find it challenging to produce on-chain randomness in their applications due to the deterministic nature of the blockchain. The on-chain generated randomness usually can’t satisfy the unpredictability.
The proof provided off-chain ensures that the randomness is generated from block-hash and preSeed rather than something that a malicious provider could make up. That makes this randomness verifiable.Let’s take a brief look at exactly what Binance Oracle VRF has to offer blockchain developers.Developers have personalized, 24/7 access to a support team of experienced engineers.
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