He computes the square $a = x^2 \mod n$ and reads it to Alice over the phone. She keeps the numbers $p$ and $q$ secret.īob chooses a random integer $x$ between $1$ and $n$. She computes the number $n = pq$ and reads it to Bob over the phone. This was answered by Manuel Blum in 1983.īlum proposed a scheme that is similar in security to RSA.Įdit: Here is a summary of Blum's approach.Īlice chooses two large prime numbers $p$ and $q$, with the property $p \equiv 3 \mod 4$ and $q \equiv 3 \mod 4$. The point of $r_B$ is so that, without it, Alice might pick some $r_A$ for which she knows another string $r$ which might let her lie. Essentially, the purpose of $r_A$ and $h$ are to make Alice "commit" to her initial toss $x$. Moreover, it's extremely hard for Alice to cheat because if Bob says "tails" for example when the coin toss was indeed "tails" but Alice wants to trick him into thinking it was "heads", she'd have to come up with a random string $r$ such that $h(H,r,r_B) = h(T,r_A,r_B)$, which is hard by the assumption that $h$ is a secure hash function and the fact that Bob chose $r_B$. Obviously, if Bob calls the coin flip correctly, then the two hashes match. In this way if Bob called it wrong, then Alice can prove that he was wrong. Then Alice tells Bob $(x,r_A)$ and he can verify himself that $x = y$ by checking that $h(x,r_A,r_B) = h(y,r_A,r_B)$. Alice sends $h(x,r_A,r_B)$ to Bob and asks Bob to call the toss. Now, Alice flips a coin, call the result $x$. Alice chooses a random string $r_A$ and Bob chooses a random string $r_B$. Let's call the two parties Alice and Bob (as is popular to do in cryptography and theoretical computer science more broadly these days).Īlice and Bob agree on a secure hash function $h$. The total supply of FLP tokens is one hundred million.Here's one way to do it. The platform released its whitepaper version 5.3 in November 2017. History of FLIP (FLP)įlip was founded in 2017 by Gameflip. The proceeds from FLP token sales seek to be used in product development (40 percent), partnerships (15 percent), administrative and general (15 percent), and partnerships (15 percent). The platform has selected Ethereum blockchain due to its flexibility and widespread adoption. The network uses the FLP token as their payment method on all the applications.įLP token is based on the ERC-20 network and uses the Ethereum blockchain technology. Also, the team can identify the transfer of digital goods from any gamer's blockchain wallet.
H1z1 coin flip software#
The asset aims to offer software development kits (SDKs) and plug-ins to game publishers. Under its unique network growth model, the platform seeks to reward game publishers with FLP tokens along with tangible economic benefits. Gameflip is a venture-backed technology organization that operates as a robust digital good marketplace worldwide. Hence, Gameflip created this platform to resolve these issues by unlocking its ability to trade in-game items and compensate game developers and publishers with commissions on every transaction. However, digital goods earned by these gamers are locked within the games and have no value. Besides this, Flip allows developers to independently create tools and benefit from the usage of such tools.Ĭurrently, there are over 2.2 billion gamers worldwide, and they spend more than three billion hours collectively playing video games every week.
Gamers can also securely store or own their digital goods on the blockchain. The network uses trustless smart contracts on blockchain technology to offer secure and fast transactions. As per its whitepaper, the FLIP platform allows gamers to trade their digital goods in cash or use other in-game items on all gaming spaces, including VR/AR, console, PC, and mobile. Flip is a decentralized ecosystem designed for gamers to meet their gaming needs.
0 kommentar(er)
