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14:02 < kanzure> .wik signcryption
14:02 < yoleaux> "In cryptography, signcryption is a public-key primitive that simultaneously performs the functions of both digital signature and encryption." — https://en.wikipedia.org/wiki/Signcryption
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14:03 < kanzure> "A formal treatment of backdoored pseudorandom generators" http://eprint.iacr.org/2016/306.pdf
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14:07 < kanzure> "Is the security of quantum cryptography guaranteed by the laws of physics?" (djb) https://sidechannels.cr.yp.to/qkd/holographic-20160326.pdf
14:08 < r0ach> Does anyone here disagree with my conclusion that IOTA is a permissioned ledger extortion scheme?  https://bitcointalk.org/index.php?topic=1414866.0
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14:20 < kanzure> "Verifiability notions for e-voting protocols" http://eprint.iacr.org/2016/287.pdf
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14:49 < kanzure> "Someone estimated that the cost of Heartbleed re-work was in the vicinity of $500 million - and that's without any particular evidence of any breaches."
14:53 < kanzure> "On the impending crypto monoculture" http://www.metzdowd.com/pipermail/cryptography/2016-March/028824.html
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15:53 < bsm1175321> r0ach: the Iota ledger is insufficiently described to claim much of anything about it.
15:55 < bsm1175321> kanzure: ooooh feel the Bern(stein)
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17:55 < bsm1175321> What do people here think of the Stellar Consensus Protocol, and its claim that it enables an open membership network.  Does anyone have any counterargument to it at present? https://www.stellar.org/papers/stellar-consensus-protocol.pdf
17:56 < kanzure> bsm1175321: https://news.ycombinator.com/item?id=9341687
17:57 < kanzure> oops i meant https://news.ycombinator.com/item?id=9342348
17:57 < bsm1175321> that's great, thanks kanzure!!!
17:58 < bsm1175321> FWIW I hate any protocol that falls back on the ill-defined word "trust".  That's where I think the entire Ripple ecosystem has gone wrong...
17:59 < bsm1175321> But I feel I should comment on this in my paper.  Any further comments are welcome...
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18:05 < bsm1175321> As an aside, I've discovered that in my braids framework, I can remove the block time in favor of measuring the minimum cohort time with respect to difficulty (which is a function of network topology) and retargeting to stay at the minimum block time. Thus I think I can achieve a faster network than SCP or PBFT.
18:07 < bsm1175321> In those SCP or PBFT, there are several round trips required between the leader and all other nodes to decide a quorum, and for the propose, pre-commit, commit, phases (6 round trips) where by contrast my proposal essentially requires 1/3 of a round-trip for consensus (assuming miners distributed on vertices of a tetrahedtron -- largest equidistant setup on the surface of a sphere).
18:08 < bsm1175321> TL;DR I think I can bring the settlement time of a PoW blockchain down to ~few seconds, and it can be guaranteed to be faster than any leader-based protocol.
18:09 <@gwillen> bsm1175321: hmm, I am intrigued and would love links to read me
18:09 <@gwillen> read more*
18:09 -!- mode/#bitcoin-wizards [-o gwillen] by gwillen
18:09 < bsm1175321> Unfortunately there's a fairly hard limit to how fast it can get, due to causality.  So individual transaction signing won't work, aggregation into beads (blocks) at the ~few second time is still required.
18:10 < bsm1175321> gwillen: coming soon to a preprint server near you.
18:10 < amiller> bsm1175321, PBFT is really old fashioned, if you want efficiency in optimistic case its far from state of the art
18:10 < bsm1175321> amiller: "optimistic" is the key word.  Forks handle the optimism in Bitcoin and my modification of it.
18:11 < bsm1175321> amiller: other optimistic refs would be appreciated, I just read lamport's 2011 Byzantine PAXOS (short) paper...
18:13 < bsm1175321> Lamport points out that the non-optimistic case is very bad: you can have up to N*F rounds of leader election for N nodes and F failing nodes.
18:14 < bsm1175321> ref: http://research.microsoft.com/en-us/um/people/lamport/pubs/disc-leaderless-web.pdf
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20:38 < pigeons> bsm1175321: I'm still going over amiller, et al's https://eprint.iacr.org/2016/199 and learned a lot
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