[Resource Topic] 2016/228: On a decentralized trustless pseudo-random number generation algorithm

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Title:
On a decentralized trustless pseudo-random number generation algorithm

Authors: Serguei Popov

Abstract:

We construct an algorithm that permits a large group of individuals to reach consensus on a random number, without having to rely on any third parties. The algorithm works with high probability if there are less than 50% of colluding parties in the group. We describe also some modifications and generalizations of the algorithm.

ePrint: https://eprint.iacr.org/2016/228

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