Definition ∞ Sloth VDF is a specific type of Verifiable Delay Function designed to be computationally slow to compute but quick to verify. It operates by requiring a significant number of sequential computations, ensuring that its output cannot be produced faster even with parallel processing power. This property makes it useful for introducing verifiable time delays into cryptographic protocols.
Context ∞ Verifiable Delay Functions, such as Sloth VDFs, are a subject of research for their utility in decentralized systems requiring verifiable time delays. Applications include preventing malicious actors from manipulating transaction ordering or ensuring fair outcomes in cryptographic lotteries, areas frequently discussed in the context of blockchain fairness and security.