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#168 – Silvio Micali: Cryptocurrency, Blockchain, Algorand, Bitcoin, and Ethereum
Lex Fridman Podcast
Random Selection in a Grand Lottery
The security comes from the fact that the sample selected would likely include honest people. The lottery is a cryptographic lottery, which means that even if I'm an entire nation, extremely powerful with incredible computing powers, I don't have the ability to improve my probability of winning. And finally, why is this secure? Because even if I wear a very evil and very, very powerful individual, I'm so powerful that I can corrupt anybody I want.
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