Chainlink introduced randomness confirmation tool

  • The new tool will become a proof of random generations for any smart contract-based application.

  • So far, Chainlink VRF is only available on the Ethereum blockchain.

  • The main application can be focused around game loot boxes.

International consortium of news organizations developing transparency standards.

The new toolkit will allow developers to confirm the randomness of values ​​and the lack of control over the necessary public components, such as the results of voting.

Chainlink Blockchain Ecosystem Unveils New Tool That Will Allow Crypto Developers To Prove Randomness In Smart Contracts.

A tool called Chainlink VRF essentially proves no influence over the application and any unauthorized access.

Chainlink introduced randomness confirmation tool

Independence is confirmed by creating random numbers in the Chainlink blockchain and subsequent verification via Chainlink VRF.

According to the official announcement, the greatest use of Chainlink VRF can be obtained for creating smart contracts that require independence of public values..

Pure chance

Chainlink VRF is expected to be needed by creators of online games looking for an independent source of data regulation to validate the value.

For example, such a tool is useful for the creators of game loot – random rewards for players for certain actions.

Also Chainlink VRF can come in handy for random assignment of responsibilities and resources, for example, random assignment of case judges or auditors to firms under scrutiny.

The process of generating a provable randomness is as follows:

An application on a smart contract makes a request to get a random value Chainlink blockchain generates a random value and sends proofs to the VRF contract → VRF contract verifies the proof of randomness → the application on the smart contract gets a provable random value.

So far, the toolkit is only available for the Ethereum blockchain via Testnet.

Show must go on

The first project to start using Chainlink VRF will be an Ethereum-based application – PoolTogether, a cryptocurrency storage service with a weekly draw of additional cash.

Earlier, the editorial staff of BeInCrypto wrote that after a strong 2019, the Chainlink (LINK) cryptocurrency project continued to grow, entering the top ten.

Also, the new technology from Chainlink can be useful for airdrops (even though this type of distribution of tokens is already outdated), where a fundamental feature is the random distribution of tokens.

What do you think? How independent is such a randomness tool really? Share your thoughts with us in the comments.


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