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AJTSheppard | 1 year ago

On an historical note, ever since dice and coins have been used by humans (thousands of years), there have been efforts to "automate" their tossing in an effort to make the toss or roll fair (unbiased). See, for example, the Vettweiss-Froitzheim Dice Tower, https://en.wikipedia.org/wiki/Vettweiss-Froitzheim_Dice_Towe...

The reason is simple. Humans are terrible sources of randomness. Especially true if money hangs on the outcome!

There are two principal components for bias of a coin or die toss/roll: 1) the coin or die itself (manufacturing defects, etc.), which if it exists is typically minuscule, and 2) the act of tossing or rolling by a human (a twist of the wrist, or a flick of the fingers), whose bias is enormous and which, as I say, is particularly pronounced if money hangs on the outcome.

The Satoshi9000 solves problem 2, the human element, by removing the human from the process altogether. Other than to press the "run" button.

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