Bitcoin Forum
July 05, 2024, 11:35:13 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Why is ethereum not using threshold signatures like dfinity for randomness?  (Read 120 times)
FREEMAN M (OP)
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
April 02, 2019, 08:04:07 PM
 #1

Why is ethereum not using threshold signatures like dfinity for randomness? What's the drawback?
So ethereum goes for RANDAO. The disadvantage with randao is that the last validator in the commit-reveal scheme is able to hold his contributed value back and thereby influence the random outcome. Ethereum is trying to overcome this by using verifiable delay functions.

Why all that hassle? Why not just go for threshold signatures like Dfinity? What's the drawback?

Some link to a statement from Vitalik Buterin on this would be higly appreciated.
magpie_lover
Jr. Member
*
Offline Offline

Activity: 182
Merit: 8


View Profile WWW
April 09, 2019, 05:21:06 AM
 #2

Why is ethereum not using threshold signatures like dfinity for randomness?

I'm assuming you're talking about Ethereum 2.0 with PoS & Sharding. Think it's due to the differences the design goals of these two networks  - Dfinity favors consistency over availability as explained in their consensus paper (see page 2). Ethereum on the other hand, seem to favor availability and Justin Drake, in this post seems to suggest that RANDAO in conjunction with VDF suits their principles.

Personally, I think Dfinity's impetus on consistency makes more sense, especially since we are talking monetary systems & enterprise adoption.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!