Probabilistic algorithms are computational methods that rely on random sampling and probability to produce results. Instead of guaranteeing an exact solution, they offer a solution with a certain likelihood of correctness or a distribution of possible outcomes. These algorithms are often employed in complex systems where deterministic solutions are infeasible or inefficient.
Context
Probabilistic algorithms are fundamental to many aspects of blockchain technology, including consensus mechanisms and cryptographic protocols, where randomness plays a role in security and fairness. Their application and theoretical underpinnings are subjects of continuous research and debate within the computer science and cryptography communities.
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