Provably Fair
Provably Fair Lottery on LottoFactory.io
Provably Fair
At LottoFactory.io, we take fairness and transparency seriously. That's why we've built our lottery system on the Solana blockchain, which provides an immutable and auditable ledger of all transactions and outcomes. Our provably fair system ensures that every draw is completely random and free from manipulation, giving all participants an equal chance of winning. Here's how it works:
Random Seed Generation
Before each draw, we generate a random seed using Solana's secure random number generator. This seed is used to determine the winning numbers for that draw.
Hashing and Encryption
The random seed is then hashed using the SHA-256 algorithm and encrypted using a public key. This creates a unique and unguessable value that can only be decrypted using the private key.
Public Seed
The encrypted hash is then published on the Solana blockchain as the "public seed". This allows participants to verify that the winning numbers were generated using a truly random and secure seed.
Draw
At the designated draw time, the encrypted hash is revealed and used to generate the winning numbers. This process is fully automated and requires no human intervention.
Verification
After the draw, participants can use the public seed and their own client seed to verify the authenticity of the winning numbers. This ensures that the draw was conducted fairly and transparently.
We take great pride in our provably fair system and believe that it sets us apart from other lotteries. With LottoFactory.io, you can participate in a truly random and transparent lottery that gives everyone an equal chance of winning.
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