Interestingly, your method is a generalization of Von Neumann's method with more than two coin flips. With TT and HH, the length of the list is one (i.e., no bit of information), and with TH and HT, the length is two…
Interestingly, your method is a generalization of Von Neumann's method with more than two coin flips. With TT and HH, the length of the list is one (i.e., no bit of information), and with TH and HT, the length is two…