Random numbers – or often just random bits, which are a subset of random numbers – have many use cases in our everyday life. The probability of either heads or tails is 1/2 in a coin flip, and if a fair and untampered coin is flipped ten thousand times, it is highly likely that both heads and tails result approximately five thousand times. Let’s study this scenario through a very generic example: flipping a coin. Randomness can be loosely defined as the unpredictability of an individual event in a way that if the probability distribution of an individual event is known, the frequency of individual events when repeated often enough becomes predictable. Matti Tommiska, Xiphera’s Co-founder and CEO, discusses the significance and purpose of randomness and random number generators. Making sense out of randomness Randomness and random numbers are critical parts of our everyday life.
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