Protocol Labs collaborates with the Ethereum Foundation to develop verifiable delays

On April 19th, Filecoin owner Protocol Labs said in a blog post that the company is working with the Ethereum Foundation to develop Verifiable Delay Function (VDF). It is reported that VDF can protect systems that rely on generating (pseudo) random values ​​from manipulation or attack. In February of this year, the Ethereum Foundation denied a plan to spend $15 million on the development of VDF for transition to the equity certification network.