Vitalik Buterin: Future Lotteries Could Benefit From ETH 2.0's Randomness

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Discussing Ethereum's hackathon in partnership with the Colorado State Lottery, Vitalik Buterin opined that in the future, such lotteries could benefit from Ethereum 2.0's Verifiable Delay Function.

The Ethereum creator will be one of the guests at the virtual opening ceremony for the Colorado State Lottery GameJam Hackathon.

"My understanding is that there isn't really an Ethereum tie-in to the lottery itself; rather, it's part of Jared Polis's administration's efforts to look at innovative approaches in funding public goods and modernizing government. I do think that potentially in the future applications like these could benefit from Ethereum 2.0's randomness though, when we add the VDF!". Chainlink believes that its Verifiable Randomness Function, or VRF, holds a lot of potential for the gaming industry as well.

"I think it's a coincidence! I don't think the State of Colorado is making decisions based on Ethereum dates yet...".

There is no state-by-state competition between Ethereum and Cardano.

Colorado's neighboring state of Wyoming is perhaps the most crypto friendly in the United States.

It has also seemingly been claimed by Ethereum competitor, Cardano, as they project's home turf.

Cardano's development company IOHK moved its legal headquarters from Hong Kong to Wyoming when the state passed its crypto-friendly legislation.

Ironically, founder of Cardano and co-founder of Ethereum, Charles Hoskinson lives in Boulder Colorado.

" There's certainly a very strong Ethereum presence in Colorado, but in general Colorado has smart people, they'll use the tech that makes sense for them, and I'm confident that Ethereum will prove valuable in lots of locations.