On quantum mechanics based random number generator for enabling blockchain gambling
On quantum mechanics based random number generator for enabling blockchain gambling
- The solution is available on more than a dozen blockchains, and it is planned to extend it to additional protocols in a relatively short time
- Most of the "coincidence" number generators actually have a limited data record, the startup block works with
A random number generator that relies on quantum mechanics to generate intelligent, contract-controlled data records that are supported by blockchain technology was introduced to more than a dozen cryptocurrency protocols.
API3, in partnership with a group of researchers of the Quanteoptik group of the Australian National University, designated.
Ten of the 13 blockchains on which the startup starts have no random number generator, the Blockworks company said. Some of these protocols use a random number generator that does not use quantum technology-which means that your data record is limited or a "pseudo number" in technical language.
A really randomized data record, combined with blockchain technology, enables a group of numbers for crypto gambling games that cannot be manipulated in order to meet the needs of the house. In order to generate random numbers, startups use, according to the company, a "random" starting phrase with which the data set predicted - and possibly exploited - if the owner or a shameful third party wishes.
"Let's say we take something simple, such as A Coin Flip, for example," said Ugur Mersinlioglu, product manager at API3. "If you have a conflict with a 'pseudo' number of things, you will find at some point that certain patterns will be repeated ... whereas you have a process that practically nothing recognizable spits out pattern, you can actually say that this is not capable of [manipulation] from someone."
In this case, the quantum privacy comes from measuring the random fluctuations in the phase and amplitude of an electromagnetic field in vacuum.
The service is available on blockchains such as avalanches, fantom, metis, moonbeam, polygon and RSK - with plans for further future integrations.
The company does not earn money with the generation of random numbers, but uses it as a loss loan for its other product lines, such as its oracle solutions and data integration services, including a validation pool that depends on its native tokens.
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The random number generator based on quantum mechanics to enable the blockchain gambling is not a financial advice.