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Physical Unclonable Functions (PUFs) are expected to represent an important solution for secure ID generation and authentication etc. In general, PUFs are considered to be more secure the larger their output entropy. However, the entropy of conventional PUFs is lower than the output bit length, because some output bits are random numbers, which are regarded as unnecessary for ID generation and discarded. We propose a novel PUF structure based on a Butterfly PUF with multiple RS latches, which generates larger entropy by utilizing location information of the RS latches generating random numbers. More specifically, while conventional PUFs generate binary values (0/1), the proposed PUF generates ternary values (0/1/random) in order to increase entropy. We estimate the entropy of the proposed PUF. According to our experiment with 40 FPGAs, a Butterfly PUF with 128 RS latches can improve …