A Randomness Incentive Game is a system designed within a decentralized network where participants are economically rewarded for contributing to or verifying the generation of unpredictable and unbiased random numbers. This mechanism uses game theory to align individual incentives with the collective goal of securing a fair and verifiable source of randomness for the protocol. Rewards often take the form of network tokens.
Context
The concept of a Randomness Incentive Game is vital for securing applications that rely on unpredictable outcomes, such as decentralized lotteries or certain consensus mechanisms. The situation involves designing these games to be robust against collusion and manipulation, ensuring the integrity of the randomness. A critical future development is the refinement of these incentive structures to make them more efficient and resistant to sophisticated attacks.
A new Randomness Incentive Game (RIG) establishes a Nash Equilibrium where participants are compelled to submit provably uniform inputs, securing all decentralized randomness protocols.
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