[bitcoin-dev] BIP: OP_PRANDOM
matthew at roberts.pm
Fri May 20 15:05:36 UTC 2016
Good point, to be honest. Maybe there's a better way to combine the block
hashes like taking the first N bits from each block hash to produce a
single number but the direction that this is going in doesn't seem ideal.
I just asked a friend about this problem and he mentioned using the hash of
the proof of work hash as part of the number so you have to throw away a
valid POW if it doesn't give you the hash you want. I suppose its possible
to make it infinitely expensive to manipulate the number but I can't think
of anything better than that for now.
I need to sleep on this for now but let me know if anyone has any better
On Fri, May 20, 2016 at 6:34 AM, Johnson Lau <jl2012 at xbt.hk> wrote:
> Using the hash of multiple blocks does not make it any safer. The miner of
> the last block always determines the results, by knowing the hashes of all
> previous blocks.
> == Security
> Pay-to-script-hash can be used to protect the details of contracts that
> use OP_PRANDOM from the prying eyes of miners. However, since there is also
> a non-zero risk that a participant in a contract may attempt to bribe a
> miner the inclusion of multiple block hashes as a source of randomness is a
> must. Every miner would effectively need to be bribed to ensure control
> over the results of the random numbers, which is already very unlikely. The
> risk approaches zero as N goes up.
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