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[~Nikopol@82.221.139.119] has joined #bitcoin-wizards 10:56 -!- Aranjedeath [~Aranjedea@unaffiliated/aranjedeath] has joined #bitcoin-wizards 11:01 -!- alpalp [~alpalp@2605:6000:f4ea:ff00:10da:b976:4aee:2c7a] has joined #bitcoin-wizards 11:01 -!- alpalp [~alpalp@2605:6000:f4ea:ff00:10da:b976:4aee:2c7a] has quit [Changing host] 11:01 -!- alpalp [~alpalp@unaffiliated/alpalp] has joined #bitcoin-wizards 11:08 -!- Nik [~Nikopol@82.221.139.119] has quit [Quit: Leaving] 11:14 -!- grubles [~grubles@unaffiliated/grubles] has joined #bitcoin-wizards 11:28 -!- Guest2910 is now known as Dav2 11:42 < _Iriez> https://www.reddit.com/r/Bitcoin/comments/5wazrl/what_exactly_would_be_the_negatives_with_a_2mb_17/de8r6um/ 11:42 < _Iriez> Why does luke persist in trying to communicate that consensus means 100% agreement? 11:43 < _Iriez> He's damaging the discussion with his unrealistic and outright false assumption 11:43 -!- sipa [~pw@unaffiliated/sipa1024] has left #bitcoin-wizards [] 11:43 < _Iriez> Its impossible to thrawrt misinformation when we have a active large contributor perpetuating falsehoods. 11:44 < _Iriez> I spend a enormous amount of my personal time combating this misinformation war against the community, but stuff like this infuriates me because it undoes all the work I do to support Core. 11:48 -!- kankles [~kankles@104.200.154.4] has quit [Quit: Leaving] 11:49 < fluffypony> _Iriez: #bitcoin or #bitcoin-dev 11:49 < fluffypony> otherwise stay on topic 12:00 -!- kankles [~kankles@104.200.154.4] has joined #bitcoin-wizards 12:13 -!- d9b4bef9 [~d9b4bef9@web419.webfaction.com] has quit [Remote host closed the connection] 12:14 -!- d9b4bef9 [~d9b4bef9@web419.webfaction.com] has joined #bitcoin-wizards 12:14 < _Iriez> You're right, wrong channel. Thanks fluffypony 12:14 < fluffypony> np 12:24 -!- kankles [~kankles@104.200.154.4] has quit [Quit: Leaving] 12:34 -!- kankles [~kankles@104.200.154.4] has joined #bitcoin-wizards 12:44 -!- Sosumi [~Leon@bl10-113-190.dsl.telepac.pt] has quit [Quit: Bye] 12:44 -!- AaronvanW [~AaronvanW@unaffiliated/aaronvanw] has quit [] 13:18 -!- CheckDavid [uid14990@gateway/web/irccloud.com/x-mhnzqnketzcvrpep] has joined #bitcoin-wizards 13:36 < Taek> I realized (with my brother) that you could use smart property to secure p2p loans 13:36 < Taek> you can have an asset which is exclusive and is only useful to the owner of that asset according to the blockchain 13:36 < Taek> this asset could be digital or physical 13:37 < Taek> in the example of a house, the house would only unlock for people holding public keys that had been authorized by some master key 13:37 < Taek> where ownership of the master key is defined on a blockchain 13:37 < Taek> if you wish to get a loan, you could put up the smart property as leverage 13:38 < Taek> and the terms could be 'if X amount is not paid back in Y months, the secure property is transferred to the loan counterparty" 13:38 < Taek> then you can still use the house as though you own it entirely 13:38 < Taek> and you get your loan money right away 13:38 < belcher> what happens if someone without authorization breaks the window of the house and gets inside that way? 13:39 < Taek> but you eventually lose the house through decentralized means if you fail to pay back the loan in time 13:39 < Taek> belcher: house is just an example 13:40 < Taek> I know that smart property as a whole is pretty shaky 13:40 < Taek> but imagine if you were leveraging something like your reddit account 13:40 < belcher> From what i see stuff in the real world (land, houses, cars, physical property) is ultimately controlled by force i.e. men with guns. A blockchain cant influence those, it can only influence cryptographic stuff like bitcoins. 13:41 < belcher> If the smart contract had code for controlling your reddit account, the reddit company could override it since they ultimately control accounts on their website 13:42 < Taek> ultimately, yes. But it's not too hard for me to imagine that we'd one day end up with something like a decentralized Reddit 13:42 < Taek> or at least some sort of decentralized identity that you could leverage 13:42 < belcher> yes okay, so something without a central point of trust 13:43 < belcher> bitmessage email addresses too 13:43 < belcher> well not those.. since once you've told someone the private key you cant take it back 13:44 < Taek> I don't know that there are any really strong examples of smart property 13:44 < Taek> but I think that in the next 5 years we will probably see a few 13:44 < belcher> but maybe bitmessage email addresses where each email is sent to a new pubkey, generated from a bip32-style sequence, and you need some kind of hash preimage to get the private key, then if you dont pay back your loan the smart contract doesnt reveal any more hash preimages and therefore you're locked out of your email account 13:45 < bsm117532> "smart property" is only as good as the linkage between the database record and the asset. a.k.a. counterparty risk. 13:46 < waxwing> i've often mused you could do something clever with a strong lockbox and a video camera feed inside. making the video feed unspoofable is an exercise for the reader. TPM or something. 13:51 < waxwing> you can't replicate cryptographic strength in the real world ('men with guns') but there may be a way to imitate blinding (consider 10 million boxes and no one knows which one contains the gold bars) 14:03 -!- riclas [~riclas@72.210.189.46.rev.vodafone.pt] has joined #bitcoin-wizards 14:18 < Taek> and I don't think relying on centralized systems is necessarily a bad thing either. If you've got reddit agreeing to honor the results of any smart contract, then you get near-permissionless interoperability with other systems. At worst, reddit could reneg, but it's possible that they won't even know why account ownership is changing hands 14:19 < Taek> *isn't necessarily 14:20 -!- yorick_ is now known as yorick 14:28 -!- oleksiyp [~quassel@095160157102.dynamic-ra-10.vectranet.pl] has quit [Ping timeout: 255 seconds] 14:34 -!- Burrito [~Burrito@unaffiliated/burrito] has quit [Quit: Leaving] 14:58 -!- alpalp [~alpalp@unaffiliated/alpalp] has quit [Ping timeout: 255 seconds] 15:03 -!- str4d [~str4d@host-78-145-31-167.as13285.net] has quit [Ping timeout: 260 seconds] 15:12 -!- kristofferR [~kristoffe@243.37-191-171.fiber.lynet.no] has quit [Quit: Textual IRC Client: www.textualapp.com] 15:16 -!- rusty2 [~rusty@pdpc/supporter/bronze/rusty] has joined #bitcoin-wizards 15:20 -!- alpalp [~alpalp@2605:6000:f4ea:ff00:10da:b976:4aee:2c7a] has joined #bitcoin-wizards 15:20 -!- alpalp [~alpalp@2605:6000:f4ea:ff00:10da:b976:4aee:2c7a] has quit [Changing host] 15:20 -!- alpalp [~alpalp@unaffiliated/alpalp] has joined #bitcoin-wizards 15:22 -!- tromp__ [~tromp@ool-944bc34f.dyn.optonline.net] has joined #bitcoin-wizards 15:22 -!- tromp [~tromp@ool-944bc34f.dyn.optonline.net] has quit [Read error: Connection reset by peer] 15:31 -!- alpalp [~alpalp@unaffiliated/alpalp] has quit [Ping timeout: 240 seconds] 15:33 -!- alpalp [~alpalp@2605:6000:f4ea:ff00:10da:b976:4aee:2c7a] has joined #bitcoin-wizards 15:33 -!- alpalp [~alpalp@2605:6000:f4ea:ff00:10da:b976:4aee:2c7a] has quit [Changing host] 15:33 -!- alpalp [~alpalp@unaffiliated/alpalp] has joined #bitcoin-wizards 15:38 -!- alpalp [~alpalp@unaffiliated/alpalp] has quit [Ping timeout: 240 seconds] 15:46 -!- moli_ [~molly@unaffiliated/molly] has joined #bitcoin-wizards 15:49 -!- mol [~molly@unaffiliated/molly] has quit [Ping timeout: 240 seconds] 15:52 -!- Dav2 [~quassel@78.10.231.191] has quit [Remote host closed the connection] 16:21 -!- rgrant [~rgrant@unaffiliated/rgrant] has joined #bitcoin-wizards 16:37 -!- Chris_Stewart_5 [~Chris_Ste@unaffiliated/chris-stewart-5/x-3612383] has quit [Ping timeout: 268 seconds] 16:40 -!- oneeman [~oneeman@ip31-69-15-186.ct.co.cr] has joined #bitcoin-wizards 16:41 -!- Noldorin [~noldorin@unaffiliated/noldorin] has joined #bitcoin-wizards 16:59 -!- chjj [~chjj@unaffiliated/chjj] has quit [Ping timeout: 268 seconds] 17:05 -!- belcher [~belcher@unaffiliated/belcher] has quit [Ping timeout: 255 seconds] 17:12 -!- alpalp [~alpalp@unaffiliated/alpalp] has joined #bitcoin-wizards 17:21 -!- oneeman [~oneeman@ip31-69-15-186.ct.co.cr] has quit [Quit: Leaving] 17:30 -!- belcher [~belcher@unaffiliated/belcher] has joined #bitcoin-wizards 17:45 -!- danrobinson [~danrobins@2604:2000:e080:d400:fdde:727e:c8e9:2672] has joined #bitcoin-wizards 17:47 -!- danrobinson [~danrobins@2604:2000:e080:d400:fdde:727e:c8e9:2672] has quit [Client Quit] 17:54 -!- dnaleor [~dnaleor@78-23-74-78.access.telenet.be] has quit [Quit: Leaving] 18:00 -!- rgrant [~rgrant@unaffiliated/rgrant] has left #bitcoin-wizards [] 18:03 -!- rusty2 [~rusty@pdpc/supporter/bronze/rusty] has quit [Ping timeout: 268 seconds] 18:04 -!- Ylbam [uid99779@gateway/web/irccloud.com/x-fiheiyfkjffopsmk] has quit [Quit: Connection closed for inactivity] 18:55 -!- JackH [~laptop@79-73-188-131.dynamic.dsl.as9105.com] has quit [Ping timeout: 240 seconds] 19:05 -!- c0rw1n [~c0rw1n@171.87-64-87.adsl-dyn.isp.belgacom.be] has quit [Ping timeout: 240 seconds] 19:18 -!- c0rw1n [~c0rw1n@224.37-244-81.adsl-dyn.isp.belgacom.be] has joined #bitcoin-wizards 19:26 -!- alpalp [~alpalp@unaffiliated/alpalp] has quit [Remote host closed the connection] 19:26 -!- PERSIAN [~PERSIAN@mtrlpq4709w-lp130-05-76-64-85-166.dsl.bell.ca] has quit [Quit: PERSIAN] 19:55 -!- dodomojo [~goksinen@2604:2000:c591:8400:59c9:d161:95e5:b7ce] has joined #bitcoin-wizards 20:04 -!- CheckDavid [uid14990@gateway/web/irccloud.com/x-mhnzqnketzcvrpep] has quit [Quit: Connection closed for inactivity] 20:11 -!- dodomojo [~goksinen@2604:2000:c591:8400:59c9:d161:95e5:b7ce] has quit [Remote host closed the connection] 20:23 -!- alpalp [~alpalp@2605:6000:f4ea:ff00:10da:b976:4aee:2c7a] has joined #bitcoin-wizards 20:23 -!- alpalp [~alpalp@2605:6000:f4ea:ff00:10da:b976:4aee:2c7a] has quit [Changing host] 20:23 -!- alpalp [~alpalp@unaffiliated/alpalp] has joined #bitcoin-wizards 20:30 -!- alpalp [~alpalp@unaffiliated/alpalp] has quit [Ping timeout: 240 seconds] 20:35 -!- Noldorin [~noldorin@unaffiliated/noldorin] has quit [Quit: My MacBook Pro has gone to sleep. 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