Randomness Beacon

Definition ∞ A service that generates and distributes unpredictable, high-quality random numbers. These numbers are crucial for cryptographic operations, lotteries, and other applications requiring true randomness. The service aims to provide verifiably random outputs accessible to various participants.
Context ∞ ‘Randomness Beacon’ services are vital for the fair execution of many decentralized applications, particularly in gaming and prediction markets. News coverage may highlight the reliability and security of these beacons, as compromised randomness can undermine the integrity of associated systems. Ongoing efforts focus on enhancing the robustness and decentralization of these critical infrastructure components.