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| stevenroose | i have a question | 03:03 |
|---|---|---|
| stevenroose | I believe that the limit of keys in an m of n transaction was something like 15, right? | 03:04 |
| stevenroose | let me check | 03:04 |
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| stevenroose | 16 it is | 03:05 |
| stevenroose | is there a way to let say 100 private keys control some funds? | 03:05 |
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| fluffypony | stevenroose: yes, split the funds up into 7 groups | 03:48 |
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| stevenroose | fluffypony, well, if I want 90 of 100 sig | 04:41 |
| stevenroose | is that possible by splitting? | 04:41 |
| antanst | stevenroose: you can use shamir's secret | 04:43 |
| gmaxwell | antanst: thats not a multisignature; you have to trust the device they're reassembled on completely; if you could do that.. why bother splitting? just leave your keys there. | 04:45 |
| stonecoldpat | i was gonna say shamir's secret as well, but IIRC, once the 90 people agree to produce the key required to do the signature - then any one of them can spend the coins whatever way they want | 04:46 |
| antanst | gmaxwell: You've got a point | 04:46 |
| gmaxwell | stevenroose: assuming you're asking for a multisignature, a 90 of 100 is not really feasable today; but see my recent talk from the SF meetup where I talk a bit about a scheme that is basically ideal for 90 of 100. | 04:47 |
| gmaxwell | sipa: intel just started shipping chips with http://en.wikipedia.org/wiki/Intel_ADX | 04:49 |
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| kanzure | phantomcircuit: he should just start signing stuff as jgarzik instead | 05:02 |
| kanzure | stevenroose: the talk he is talking about is http://diyhpl.us/wiki/transcripts/gmaxwell-bitcoin-selection-cryptography/ | 05:03 |
| stevenroose | thanks, kanzure | 05:05 |
| stevenroose | what are the odds of this becoming possible in bitcoin in the future? | 05:05 |
| kanzure | manykey thresholds? i'd say high. schnorr stuff seems to work. | 05:11 |
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| stevenroose | especially the polychecksig sounded promising | 06:38 |
| stevenroose | gmaxwell, any news on that? | 06:39 |
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| zooko | Are there any real prediction markets or derivatives markets in cryptocurrencies yet? | 08:23 |
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| sl01 | zooko: maybe bitshares? not sure if that would count | 09:01 |
| andytoshi | there is truthcoin but that is a long way away from being "real" | 09:02 |
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| stonecoldpat | does anyone know of a statistic site like p2sh.info that shows the total number of bitcoins kept using pay to pubkey hash? p.s. whoever made the p2sh one did a good job, it looks really nice | 09:14 |
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| sipa | stonecoldpat: sorry for not responding yet to your mail | 09:16 |
| sipa | i'll be on vacation the next two weeks | 09:17 |
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| stonecoldpat | oh no worries i thought you had been | 09:17 |
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| williamdunne | stevenroose: For 90 of 100 sig you could have 15 servers doing 13 of 15 multisig and have 6-7 users per server. Build out signing mechanism that way. | 09:24 |
| williamdunne | Really hacky way and would require a fair amount of work, but just a thought | 09:24 |
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| --- Log closed Fri May 15 00:00:12 2015 | ||
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