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06:36 < Jmabsd> Just curious, do you have any thoughts on the Avalance consensus algorithm published last year -
06:36 < Jmabsd> My best impression is that it does not satisfy its claims, while of course it was published with great fanfare.
06:37 < Jmabsd> It basically passes around votes for a DAG, and then says, once a node received X of others' votes, DOS protection kicks in which means you must have the truth now.
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06:53 < Jmabsd> http://muratbuffalo.blogspot.com/2018/06/snowflake-to-avalanche-novel-metastable.html
06:53 < sarang> Non-secured HTTP link? Risky ;)
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14:19 < digi_james> sipa: Hello. I have a question on Taproot PubKeys. I fail to understand why highest two True bits on the 33B PubKey block prevent ambiguity in reading the output script pattern. P2WPKH/P2WSH have different (second) witness element sizes(20/32). You mention it simplifies analysis "without knowledge of the UTXO being spent", what is meant by that? Thank you.
14:21 < sipa> digi_james: every valid P2WPKH/P2WSH witness has as last stack element a byte that is 02/03 (for p2wpkh) or a non-invalid opcode (for p2wsh)
14:21 < sipa> the range 0xc0-0xff falls outside both classes
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14:57 < sipa> so if taproot with this rule is on the network, you can distinguish taproot witnesses (and their annexes) from p2wpkh/p2wsh spends by looking at the first byte of the last witness stack element
15:02 < digi_james> sipa: Ah, I see, this is to distinguish to spends of different output types without knowing the utxo? So if a transaction is verified during mempool acceptance, we have to consider the utxo anyhow, so where is this optimisation helpful?
15:03 < sipa> digi_james: everywhere that's not in validation :)
15:03 < sipa> e.g. computing the weight of a transaction
15:03 < sipa> before it's broadcast
15:03 < sipa> (this is taking into account that an annex may be present that modifies the weight of a tx due to the presence of expensive opcodes)
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15:17 < digi_james> sipa: Has the weight computation changed from segwit v0  to taproot spends?
15:19 < sipa> digi_james: no
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15:19 < sipa> digi_james: but later extensions could (that's part of the rationale for the annex)
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16:11 < digi_james> sipa: Thx for the clarification!
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--- Log closed Fri Jul 19 00:00:14 2019