Verified randomness -- what is it and why does it matter? [Q&A]

Much of the online world relies on things being random. Gamers trust that their players re-spawn at completely random locations, similarly, gamblers trust that online slot machines are giving them random outcomes. Ensuring things are properly random is also important for things like decentralized finance and blockchain transactions. But how can you be sure that something is properly random? We spoke with Yemu Xu, co-founder of ARPA, to discover how Random Number Generators (RNGs) are used to ensure fairness across various industries, why it matters, and what's missing. BN: What is 'verified randomness'? YX: 'Verified randomness' refers to the generation… [Continue Reading]