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| Taek | This winter we will probably spend several hundred dollars heating out home | 08:50 |
|---|---|---|
| Taek | If Bitcoin miners became efficient enough, people might be able to replace their heating systems with mining rigs | 08:50 |
| Taek | all the heat that's normally an issue for data centers would be a virtue in a decentralized context | 08:51 |
| Taek | but only in the winter | 08:51 |
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| bitjedi | hi | 08:58 |
| -!- maaku_ is now known as maaku | 08:59 | |
| * tacotime codes by the heat of ASICs in the winter. | 09:00 | |
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| andytoshi | link to etay/sirer 2ppow? i thought their proposal was trivially non-progress-free, i don't recall it being interesting or tunable so i guess i am thinking of something else? | 09:07 |
| andytoshi | in fact, i thought asic-faq.pdf was a perfectly good rebuttal despite having been written several months earlier :P | 09:08 |
| tromp | http://hackingdistributed.com/2014/06/18/how-to-disincentivize-large-bitcoin-mining-pools/ | 09:09 |
| andytoshi | yeah, that's right... it's trivially not progress-free because there are two stages which both require work | 09:11 |
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| andytoshi | which i read as "they have not done even basic research into how pow works" and stopped reading there, phd or no this is layman crypto | 09:11 |
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| tromp | it's mostly progress free. way more than cuckoo cycle anyway | 09:17 |
| tromp | after solving the 1st stage, you only do 1 signature+hash in the 2nd stage | 09:18 |
| tromp | how would that give fast miners a disproportionate advantage? | 09:20 |
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| andytoshi | the 2nd stage involves many hashes because you are trying to get hash(sig) to be small | 09:59 |
| andytoshi | oh, i see, if you use a unique sig scheme then it's ok | 09:59 |
| andytoshi | i read it as deliberately using a randomized sig scheme to do a second pow | 10:02 |
| tromp | no; it's meant to be a single deterministic check | 10:03 |
| andytoshi | ok, my bad, i read and dismissed the scheme too quickly | 10:04 |
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| gmaxwell | Weird that they've still not updated their page to point out whats required to make the second a single check. | 10:15 |
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| phantomcircuit | will a transaction which has only 1 output value 0 with op_return be considered standard? | 14:10 |
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| gmaxwell | Yep. | 14:13 |
| phantomcircuit | the limit is 40 bytes right? | 14:14 |
| gmaxwell | Yep. | 14:14 |
| gmaxwell | if you're just making a commitment, you might want to consider using the contract hash tool instead. | 14:15 |
| phantomcircuit | gmaxwell, hmm interesting | 14:17 |
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| phantomcircuit | are transaction id's reversed in rpc calls? | 15:19 |
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| tacotime | um, depends on your implementation, but i noticed with bitcoind sometimes they were as compared to the raw tx. | 15:29 |
| tacotime | does that have to do with the byte ordering when you push it off stack for a txin? never thought about it, but this is more #bitcoin-dev | 15:31 |
| tacotime | ehm, that's not a script either, nevermind, it's just from a struct. | 15:31 |
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| --- Log closed Fri Nov 14 00:00:50 2014 | ||
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