Definition ∞ Coin tossing refers to the act of flipping a coin to determine one of two possible outcomes, typically heads or tails, with an equal probability for each side. This simple random process is a fundamental concept in probability theory and statistics. It serves as a basic illustration of independent events and binomial distributions. In computing, it models binary choices or random number generation.
Context ∞ In the context of digital assets and blockchain, coin tossing can conceptually relate to cryptographic randomness or probabilistic consensus mechanisms, although not directly. For instance, some cryptographic protocols rely on the generation of unpredictable random numbers, analogous to a fair coin toss, to ensure security. The integrity of such systems depends on the non-determinism of these underlying processes.
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