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[~tromp@ool-944bc34f.dyn.optonline.net] has quit [Ping timeout: 255 seconds] 01:47 -!- Netsplit over, joins: [d__d] 01:47 -!- Netsplit over, joins: Nightwolf 01:50 -!- qpm [~qpm@unaffiliated/midnightmagic/bot/qpm] has quit [Ping timeout: 264 seconds] 01:51 -!- ryanofsky [~russ@static-100-38-11-146.nycmny.fios.verizon.net] has joined #bitcoin-wizards 01:51 -!- rusty2 [~rusty@pdpc/supporter/bronze/rusty] has joined #bitcoin-wizards 01:52 -!- adiabat [~adiabat@67.205.158.84] has joined #bitcoin-wizards 01:52 -!- qpm [~qpm@unaffiliated/midnightmagic/bot/qpm] has joined #bitcoin-wizards 01:52 -!- superkuh [~superkuh@unaffiliated/superkuh] has joined #bitcoin-wizards 01:52 -!- waxwing [~waxwing@185.65.132.137] has joined #bitcoin-wizards 01:54 < othe> Non-confidential inputs can be transferred into confidential outputs, and vice versa. --- how does that not totally screw up the already screwed privacy 01:54 -!- JayDugger [~jwdugger@47.185.237.246] has joined #bitcoin-wizards 02:25 -!- rusty2 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As for the opposite, you might need to do that for some specific contracts that need to introspect plaintext values to enforce some rules. However, we are working on VM extensions that would allow to do most necessary math using blinded values to avoid revealing them. 11:11 -!- quietbea1t [~quietbeas@72-48-102-129.dyn.grandenetworks.net] has joined #bitcoin-wizards 11:13 < Eliel> does someone know what routing algorithm is implemented in the current lightning network alpha releases? 11:17 -!- sipa [~pw@unaffiliated/sipa1024] has left #bitcoin-wizards [] 11:18 -!- laurentmt [~Thunderbi@176.158.157.202] has joined #bitcoin-wizards 11:19 < MaxSan1> Rusty wrote about it 11:19 < MaxSan1> check medium 11:19 < MaxSan1> im sure its in there 11:20 -!- mariorz [sid490@gateway/web/irccloud.com/x-lpkbjmgluysqxhtf] has joined #bitcoin-wizards 11:20 < waxwing> yeah i thought they had something pretty close to an RFC already 11:21 -!- cannedprimates [sid16585@gateway/web/irccloud.com/x-yuwjvuarxsqrnhdk] has joined #bitcoin-wizards 11:23 -!- jbenet [sid17552@gateway/web/irccloud.com/x-rwbhdmfcqxfbnfby] has joined #bitcoin-wizards 11:24 -!- CheckDavid [uid14990@gateway/web/irccloud.com/x-svmeneqhzuspmyyb] has joined #bitcoin-wizards 11:28 -!- se3000 [~textual@135.84.167.2] has joined #bitcoin-wizards 11:30 -!- yokwe [sid51352@gateway/web/irccloud.com/x-brjeyrlacdjytyvm] has joined #bitcoin-wizards 11:31 -!- quietbea1t [~quietbeas@72-48-102-129.dyn.grandenetworks.net] has quit [Ping timeout: 255 seconds] 11:31 -!- CryptoTraderClub [sid28532@gateway/web/irccloud.com/x-yzwupfydjooefowx] has joined #bitcoin-wizards 11:31 -!- wbnns [sid105317@21/bitcoin/binns] has joined #bitcoin-wizards 11:32 -!- nikivi [~nikivi@loydcraft.com] has joined #bitcoin-wizards 11:32 -!- PsychoticBoy___ [sid27029@gateway/web/irccloud.com/x-rejnvgijogxibinh] has joined #bitcoin-wizards 11:34 -!- Buckyy [buckowski@gateway/shell/elitebnc/x-xtpqaxwmidydxseb] has quit [Excess Flood] 11:34 < waxwing> that's what i was thinking of: https://github.com/lightningnetwork/lightning-rfc 11:35 -!- yokwe [sid51352@gateway/web/irccloud.com/x-brjeyrlacdjytyvm] 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has joined #bitcoin-wizards 14:34 -!- NewLiberty_ [~NewLibert@64.134.221.4] has joined #bitcoin-wizards 14:37 -!- NewLiberty [~NewLibert@64.134.221.4] has quit [Ping timeout: 245 seconds] 14:42 -!- Davasny [~quassel@78.10.231.191] has quit [Remote host closed the connection] 14:59 -!- Newyorkadam [~Newyorkad@wikipedia/Newyorkadam] has joined #bitcoin-wizards 15:01 -!- Guyver2 [~Guyver2@guyver2.xs4all.nl] has quit [Quit: :)] 15:03 -!- dnaleor [~dnaleor@78-23-74-78.access.telenet.be] has quit [Quit: Leaving] 15:03 -!- Newyorkadam [~Newyorkad@wikipedia/Newyorkadam] has quit [Ping timeout: 240 seconds] 15:06 < stevenroose> waxwing, Eliel, the protocols they are specifying in the RFCs are not necessarily the ones implemented in the lnd alpha release. They still have parts that do not comply with the protocols 15:06 < stevenroose> https://github.com/lightningnetwork/lnd#lightning-network-specification-compliance 15:06 < stevenroose> But the routing piece seems to be compliant, though. 15:07 -!- fibonaccicoin_ [uid136497@gateway/web/irccloud.com/x-nuzoyikhddxmvvdp] has quit [Quit: Connection closed for inactivity] 15:16 -!- pro [~pro@unaffiliated/pro] has quit [Ping timeout: 252 seconds] 15:18 -!- dnaleor [~dnaleor@78-23-74-78.access.telenet.be] has joined #bitcoin-wizards 15:26 -!- Burrito [~Burrito@unaffiliated/burrito] has quit [Quit: Leaving] 15:51 -!- instagibbs [~instagibb@pool-100-15-114-3.washdc.fios.verizon.net] has quit [Ping timeout: 240 seconds] 15:52 -!- anon616 [nobody@gateway/shell/sameroom/x-ksucsmuqprmzahiq] has quit [Remote host closed the connection] 15:52 -!- Giszmo [~leo@ip-64-233.219.201.nextelmovil.cl] has joined #bitcoin-wizards 15:55 -!- instagibbs [~instagibb@pool-100-15-114-3.washdc.fios.verizon.net] has joined #bitcoin-wizards 15:56 -!- anon616 [nobody@gateway/shell/sameroom/x-gephacygzjpylujb] has joined #bitcoin-wizards 15:59 -!- rusty2 [~rusty@pdpc/supporter/bronze/rusty] has joined #bitcoin-wizards 16:03 < Taek> I'm not entirely sure if this has been discussed before 16:03 < Taek> but I was thinking that one tool to potential stabilize the price would be to adjust the coinbase later 16:03 < Taek> err 16:03 < Taek> basically right now if the hashrate spikes, you get some number of blocks that happen quicker 16:03 < Taek> during this time there's more inflation 16:04 < Taek> generally, when the hashrate spikes its due to a price increase. But as a confounding factor it can also be due to hardware improvements 16:04 < Taek> the burst of inflation helps to offset the price increase 16:04 < Taek> similarly, price drops can be followed by hashrate drops 16:05 < Taek> the supply for some time decreases though, which can help to offset the decreasing price 16:06 < Taek> https://blockchain.info/charts/hash-rate?daysAverageString=30×pan=2years 16:06 < Taek> in practice the hashrate basically only goes up 16:07 < Taek> anyway the general idea is that you exacerbate this effect a bit, so that instead of the inflation correcting within 2 weeks you have it correct over the course of like 3 months or 6 months 16:08 < Taek> (you still adjust the difficulty right away) 16:08 < Taek> (you just also adjust the coinbase amount so that the inflation is temporarily conserved) 16:08 -!- chjj [~chjj@unaffiliated/chjj] has quit [Ping timeout: 258 seconds] 16:09 < Taek> but again, not really useful today because the hardware improvements are too much of a confounding factor, hashrate really cannot be used as a proxy for coin price 16:10 -!- se3000 [~textual@135.84.167.2] has quit [Quit: My iMac has gone to sleep. 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Connection closed for inactivity] 23:46 -!- pavel_ [~paveljani@79.98.72.176] has quit [Quit: Leaving] 23:58 -!- AaronvanW [~AaronvanW@unaffiliated/aaronvanw] has quit [Ping timeout: 240 seconds] --- Log closed Thu Feb 09 00:00:28 2017