Re:Time, Randomness, and a $100k Prize to Forever Change Blo...
by justindrake on Thursday August 01, 2019 @06:04PM
(#20588818)
ELI5 version: 100 people, one by one, (re)roll dice placed in a dark room. After the last person lights turn on, revealing a fair random number. The Verifiable Delay Function (VDF) ensures lights aren't turned on early.
For a video explanation of the randomness mechanism see https://www.youtube.com/watch?v=zqL_cMlPjOI&feature=youtu.be