Pandora is the first decentralized exchange to dish out a unique and lucrative decentralized jackpot system that allows its users to earn huge jackpot prizes just by using its products.
In this article, we look into how Pandora ensures transparency through this innovative offering.
Integrating industry-leading decentralized oracle network for provably fair jackpot winners
Pandora’s Jackpot System utilizes Chainlink VRF (Verifiably Random Function) to ensure that all winning numbers are truly random and can’t be mathematically predicted and every round has fair drawings that give every player an equal shot at winning.
Chainlink VRF is based on cutting-edge academic research, supported by Chainlink’s time-tested oracle infrastructure.
Moreover, Chainlink VRF is secured through the generation and on-chain verification of cryptographic proofs guaranteeing the integrity of each random number supplied to smart contracts.
Why did Pandora adopt Chainlink VRF?
“Chainlink VRF works by combining block data that is still unknown when the request is made with the oracle node’s pre-committed private key to generate both a random number and a cryptographic proof.
For each request, Chainlink VRF generates one or more random values and cryptographic proof of how those values were determined. The proof is published and verified on-chain before any consuming applications can use it.”
This process ensures that the end results of an oracle operation cannot be tampered with or manipulated by any single entity including operators, miners, users, and even Pandora’s developers.
Until next time…
Do you know that:
ℹ️Just by upgrading DroidBot, opening PandoBox, or simply trading on Pandora, you all will have a chance to win huge jackpots?
🎰The jackpot pool is currently valued at around $160K and constantly adding up every single second.
⚡️See for yourself: https://pandora.digital/jackpot#ticket-lottery
✔️Craft & Open PandoBox: https://pandora.digital/pando-verse/pando-box
✔️Upgrade DroidBot: https://pandora.digital/pando-verse/upgrade-level
✔️Trade & Earn: https://pandora.digital/trade-mining
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