--- Log opened Sun Apr 03 00:00:03 2016
--- Day changed Sun Apr 03 2016
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00:16 < fluffypony> nonaTure: those are more #bitcoin-dev questions
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00:21 < Luke-Jr> nonaTure: not possible
00:22 < Luke-Jr> you can't verify block X until you process block X-1
00:22 < Luke-Jr> going all the way back
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00:29 < nonaTure> Luke-Jr: obviously you would need to trust some blockhash... whether it is the genesis one or some other handpicked
00:29 < Luke-Jr> nonaTure: not merely trust, you need the UTXO state as of that block
00:30 < Luke-Jr> the only way to get that today, is to process all the blocks leading up to it
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00:31 < nonaTure> IMO not really if you use PoW as a security mechanism. would be very expensive to create a series of fake blocks
00:32 < nonaTure> ... starting with any blockhash you trust
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00:45 < rhett> is burst the only proof of space coin?
00:45 < rhett> brahm cohen gave a talk seemingly in favor of proof of space about a year ago
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01:28 < nonaTure> rhett: what is proof of space?
01:28 < nonaTure> I really like proof of storage
01:28 < rhett> nonaTure: i think i mean proof of storage
01:28 < rhett> do you know of any coins doing that?
01:29 < nonaTure> rhett: check out siacoin - they also had a talk at the MIT bitcoin expo. pretty neat
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01:30 < nonaTure> bitcoin should also think about a slow change of the PoX
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01:31 < rhett> it would be such a mess for bitcon to ever change away from PoW
01:31 < rhett> bitfury just spent $100M on a datacenter
01:32 < nonaTure> where? in china?
01:33 < rhett> Georgia, the country
01:33 < nonaTure> interesting. cheap nuclear power?
01:34 < rhett> i don’t know
01:35 < nonaTure> switching the PoW seems unlikely but adding additional PoX should be considered
01:36 < rhett> what exactly is PoX?
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02:22 < nonaTure> proof of X, like work or storage
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07:10 < bsm117532> http://arxiv.org/abs/1603.07926
07:11 < bsm117532> A Prunable Blockchain Consensus Protocol Based on Non-Interactive Proofs of Past States Retrievability
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07:17 < kanzure> "As the growth of the blockchain is not bounded" what?
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07:45 < JackH> the blockchain growth is not bounded, you know that
07:45 < JackH> lol
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08:01 < justanotheruser> JackH: of course it is
08:02 < justanotheruser> Unless you found a way to find sha256 preimages
08:06 < TD-Linux> it depends on if you parse "growth of the blockchain" as "blockchain size" or "rate of change of blockchain size"
08:07 < JackH> I just think its worded weird
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08:51 < fluffypony> JackH: I agree, the phrasing is a little unintuitive
08:51 < fluffypony> because of course it's not bounded in terms of its maximum size, but it is bounded in terms of its rate-of-growth
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11:18 < CryptoAi> We’re currently looking for developers with experience in algorithmic trading. We are CryptoAi, a machine learning centered systematic hedge fund start-up interested in modeling crypto currency markets  For more information on the position please view our recruitment doc
11:18 < CryptoAi> https://docs.google.com/document/d/1Jt7VKAI6_jU-yaMJX2A7Bj8JpLN0hhgfmrMrmy1PUHs/edit?usp=sharing
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11:32 < midnightmagic> so not the place for that dude
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11:59 < kanzure> he's been spamming that for a few days now, time for a ban or something
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--- Log closed Mon Apr 04 00:00:19 2016