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| yosso | Is being soft-forked the same as SPV security? | 10:41 |
|---|---|---|
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| oneeman | yosso: no, not related | 10:43 |
| alpalp | yosso: it's providing a bit more security but same idea- you see a block that looks valid but the rest of the network will see as invalid. | 10:45 |
| yosso | So that is very similar to how a miner attacks SPV nodes | 10:46 |
| yosso | Why a bit more then? | 10:47 |
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| alpalp | yosso: an unupgraded node will only miss blocks that break the new rule, where spv nodes could miss any rule. | 10:48 |
| yosso | I see, so in adversarial conditions its practiclly the same | 10:50 |
| alpalp | yosso: its easier to fool an SPV node | 10:50 |
| yosso | alpalp: you mean easier hash-rate wise or techniclly? | 10:51 |
| yosso | I picked up an idea on reddit suggesting hard-forks and a mechanism to detect forks and switch to SPV mode. Was that discussed before? | 10:55 |
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| alpalp | technically. There are more ways to full an SPV node. | 11:00 |
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| aj | alpalp: full=fool | 11:02 |
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| yosso | Any thoughts on the idea above? It seem to allow cleaner and more flexable changes while keeping a similar security model | 11:03 |
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| alpalp | yes sorry fool | 12:00 |
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| alpalp | yosso: can you show the actual idea? | 12:00 |
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| tulip | yosso: no, they are not the same. a node which has missed a soft fork update is secure except in the condition where the opcode which has been soft-forked in is intentionally misused. they validate fees, UTXO spending, and subsidiary amounts safely. a SPV validating wallet like BIP37 essentially does no validation of any rule ever. | 12:08 |
| tulip | right they left, that's an irritating misunderstanding. | 12:09 |
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| yosso | tulip: but iḿ talking about adversarial conditions, so it is intentionally misused | 12:18 |
| yosso | alpalp: https://www.reddit.com/r/btc/comments/3yzcnw/in_a_correctly_functioning_bitcoin_network_no/cyidn5g | 12:19 |
| yosso | alpalp: and https://www.reddit.com/r/btc/comments/3yzcnw/in_a_correctly_functioning_bitcoin_network_no/cyiayg0 | 12:20 |
| tulip | yosso: SPV security is pretty scary, learning some of the properties of it is useful. with a single block you can defraud a basically unlimited number of users by showing them different parts of a single merkle tree of fraudulent transactions. they have no concept of "maximum transactions in a block", so you can make this pay 100BTC to every address ever used in the Bitcoin block chain. | 12:20 |
| alpalp | why would you ever want to drop to SPV if a hard fork is detected? the author of that post has had some serious misconceptions in the past, and its posted on a forum full of misconceptions, so its hard to take seriously. | 12:22 |
| tulip | yosso: those comments are basically incorrect. a system where nodes validate blocks, and when they see invalid data they just stop validating completely!? | 12:22 |
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| alpalp | tulip: you *could* do that, it just would be stupid, might as well aways run in SPV mode. | 12:24 |
| tulip | alpalp: it's worse than that, it's running software which is able to detect adversarial conditions on the network, and then disabling the detection of these conditions if a fault is ever found. | 12:25 |
| yosso | well, yes, the hardfork is activated after reaching a theshold of course. so in both cases the unupgraded once have similar security, but the change was not limited by competability issues | 12:25 |
| alpalp | yosso: there is no such thing as a hard fork "reaching a threshold". | 12:26 |
| bramc | In the case where both an add and a remove are in the batch update call, I'm changing the behavior to always be no change, because it's (a) what you want in bitcoin for performance reasons, and (b) fairly reasonable behavior. | 12:26 |
| tulip | yosso: that is not correct. a soft fork *does not* reduce a node to SPV security. | 12:26 |
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| yosso | tulip: in the sense that you see valid block that won be included, it is | 12:27 |
| yosso | blocks | 12:27 |
| tulip | "won"? | 12:28 |
| yosso | alpalp: isnt bip 101 a hard fork "reaching a threshold" | 12:28 |
| yosso | tulip: won´t | 12:28 |
| alpalp | yosso: its a meaningless metric. | 12:29 |
| kanzure | /win 487 | 12:29 |
| tulip | kanzure: close some tabs. | 12:29 |
| tulip | yosso: hashrate is not a measure of anything in a hard fork. | 12:29 |
| kanzure | tulip: never | 12:29 |
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| alpalp | I highly suggest not getting information from such poor sources as /r/btc, it's almost always ill-informed and incorrect. | 12:30 |
| tulip | yosso: with a hard fork change all participants who wish to continue using the network (other than people not doing full validation, SPV) *must* upgrade their software or be left behind. the amount of hashrate signalling with a version number is unrelated to this, miners are free to create blocks which are invalid in any way they choose- it's a security property of the network that they are not accepted. | 12:32 |
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| tulip | yossso: https://botbot.me/freenode/bitcoin-wizards/msg/57099593/ | 12:35 |
| yossso | tulip: yes. I understand this suggestion as changing ¨left behind¨ to ¨activate spv mode¨ | 12:35 |
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| alpalp | yossso: what is the point of validating if you ignore chains that break the rules? | 12:36 |
| tulip | yossso: "left behind" is the consensus system acting as designed in adversarial conditions. nodes *must reject invalid data* as defined by your local software, if you see incoming data which breaks the consensus rules you don't just disable validation. | 12:37 |
| alpalp | suggestions like these break any security assumptions full nodes have and put Bitcoin to trusting miners blindly. | 12:37 |
| yossso | but once you are soft-forked you can validate all you want, still as the blodks you see might not get included | 12:39 |
| kanzure | that is why you have to wait for confirmations | 12:39 |
| kanzure | (there are many other reasons) | 12:39 |
| yossso | thats the same answer for SPV right? | 12:40 |
| tulip | post soft-fork validation is not the same as SPV validation. | 12:40 |
| yossso | (wait for more confirmations) | 12:40 |
| alpalp | yossso: blocks that get included in a bad chain (even if it has a lot of hashpower) are something you *want* to check against. | 12:40 |
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| yossso | tulip: iḿ not saying its the same. but in both cases a miner can make you see a block that will be soon rejected. I thought thatś the main issue with SPV security. I guess there are other issues. | 12:50 |
| yossso | alpalp: i did not understand | 12:51 |
| tulip | yossso: rejected by who? | 12:51 |
| alpalp | yossso: if you start detecting blocks you would reject when verifying, why would you want to suddenly start accepting them? | 12:52 |
| yossso | tulip: in the case of SPV - by the whole network (assuming for example an invalid tx) in the case of soft-fork, by anyone that upgraded | 12:53 |
| yossso | alpalp: because (maybe) i see they are ahead version wise | 12:55 |
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| alpalp | yossso: so why are you ever bothering to validate? If you just assume if you see a long chain it must be valid, there is no point in validating. | 12:57 |
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| tulip | if there's an invalid block which defrauds you and you accept it, it really doesn't matter what happens after that. you've already lost your money. | 12:59 |
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| flyonwall | Yossso you are right. It is more important to track consensus than adhere to rules like block size limit that don't matter. | 13:03 |
| alpalp | Tracking hashpower is not the same as tracking consensus. | 13:04 |
| alpalp | block size limit is a consensus rule just like verifying signatures. | 13:05 |
| flyonwall | If hash power tries to do something you don't like--like double-spend--then you wouldn't track | 13:05 |
| flyonwall | And chain would be orphaned | 13:05 |
| flyonwall | If it is something you approve--like bigger blocks--then you should follow hash power | 13:05 |
| alpalp | flyonwall: then the blocks follow your rules and you don't need to go to SPV mode. | 13:06 |
| tulip | following proof of work blindly basically breaks the system entirely. the reason that Bitcoin is a distributed consensus is that all nodes have exactly the same validation rules. | 13:06 |
| flyonwall | alpalp: right you care about hash power breaking *your* rules | 13:06 |
| instagibbs | Chris has some pretty bizarre views on wallet security. I spent a decent amount of time trying to convince him what I thought were obvious things. | 13:07 |
| flyonwall | If your rules don't include constraint on block size, then you should support hash power | 13:07 |
| instagibbs | He says pre-CLTV full node is worse than bitcoinj... | 13:07 |
| alpalp | unless hashpower decides to mint more coins per block | 13:07 |
| flyonwall | right--if hash power tried to mint more coins--I would not follow them. | 13:07 |
| flyonwall | Hopefully most other would do the same in order to orphan that blocks | 13:08 |
| alpalp | flyonwall: what yossso is saying is you revert to SPV mode if you detected a long chain that minted more coins | 13:08 |
| alpalp | which is silly | 13:08 |
| flyonwall | I thought he was talking about block size limit. | 13:08 |
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| flyonwall | But I agree that I would not follow hash power if they tried to make more coins than agreed | 13:09 |
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| tulip | the system can not operate if participants randomly decide which rules to enforce. | 13:10 |
| tulip | that's an exploitable condition, even. | 13:11 |
| flyonwall | There is strong incentive to track consensus. | 13:12 |
| flyonwall | Besides some node already have different rule sets | 13:13 |
| tulip | you can't know what rules other people are validating. | 13:13 |
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| alpalp | there is no mechanism to "track consensus" that is reliable. | 13:13 |
| flyonwall | tulip: agreed. you can't know for sure | 13:13 |
| tulip | you can't know at all. | 13:13 |
| phantomcircuit | flyonwall, please describe a system for obtaining global consensus on which rules are "correct" that is not vulnerable to a sybil attack | 13:13 |
| flyonwall | Nakamoto consensus | 13:14 |
| tulip | the behaviour you just described, following whatever rules you want, violates that system. | 13:14 |
| phantomcircuit | flyonwall, lol try again, that's a system in which the rules are fixed | 13:15 |
| phantomcircuit | http://cdn.meme.am/instances/500x/64944579.jpg | 13:15 |
| flyonwall | From BU website: "Consensus is therefore an emergent property, objectively represented by the longest proof-of-work chain." | 13:15 |
| alpalp | was waiting until we got proof this was a bitcoin unlimited crank | 13:15 |
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| kanzure | flyonwall: are you aware of the refutations of that work? | 13:16 |
| @phantomcircuit | flyonwall, an appeal to authority is lame, especially when that authority is a joke | 13:16 |
| alpalp | phantomcircuit: appeal to unauthority | 13:16 |
| kanzure | appeal to neutral authority | 13:16 |
| flyonwall | Is bitcoin controlled by the code people freely choose to run or not? | 13:16 |
| alpalp | you are free to run whatever altcoin you want. | 13:17 |
| kanzure | you are also free to not use bitcoin | 13:17 |
| flyonwall | Agreed | 13:17 |
| flyonwall | So if people freely decide to permit larger blocks, and if hash power produces larger blocks, then we get larger blocks | 13:18 |
| kanzure | not in bitcoin | 13:18 |
| flyonwall | Semantics | 13:18 |
| kanzure | what? | 13:18 |
| flyonwall | Bitcoin has no block size limit | 13:18 |
| @phantomcircuit | flyonwall, yes it does, if you want to create altcoin without a limit literally nobody will care | 13:19 |
| @phantomcircuit | just dont call it bitcoin | 13:19 |
| flyonwall | You create an alt coin by enforcing a limit--that changes the economic model that bitcoin has operated under since inception | 13:20 |
| alpalp | now hes just trolling | 13:20 |
| kanzure | have you read the source code? | 13:20 |
| flyonwall | Yes | 13:20 |
| kanzure | are you sure | 13:20 |
| flyonwall | The source code is not bitocin | 13:20 |
| flyonwall | There is no evidence that bitcoin can actually even enforce a block size limit | 13:21 |
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| kanzure | bitcoin core does not seek-and-destroy altcoins. it also doesn't claim to do that. | 13:21 |
| kanzure | so i'm not sure why you are bringing that up | 13:21 |
| flyonwall | Bitcoin is more than just code. It requires the right economic incentives for people to choose to adhere to the whatever rules are implied by the code | 13:22 |
| kanzure | although, i think it bans peers when the peers continue to send it bad data | 13:22 |
| yossso | So if i understnd correctly, the idea of swithing to SPV mode once youŕe hardfored is the same as following haspower no matter what | 13:22 |
| kanzure | but someone who has worked with the peer protocol will have to correct me on that detail | 13:22 |
| tulip | yossso: that's correct. | 13:22 |
| tulip | kanzure: that's correct. | 13:22 |
| yossso | tulip: ok, got it now :) | 13:23 |
| adam3us | did anyone figure out what BU is proposing? peter__r's previous paper seemed to be not usable in practice, not leading to practically usable observations, because he made a starting assumption which was well established & known to be invalid about game theory. | 13:23 |
| flyonwall | yosso: yes if you do it blindy. no if you do it only for rules that you don't care about | 13:23 |
| -!- mode/#bitcoin-wizards [+b *!*@*unaffiliated/kanzure] by phantomcircuit | 13:23 | |
| @phantomcircuit | er | 13:23 |
| @phantomcircuit | god damn it | 13:23 |
| -!- mode/#bitcoin-wizards [-b *!*@*unaffiliated/kanzure] by phantomcircuit | 13:24 | |
| fluffypony | lol | 13:24 |
| alpalp | adam3us: it seems very half baked. Nodes accept anything and follow hashpower but somehow signal to miners what they "prefer". miners can ignore or not and do whatever they want. | 13:24 |
| alpalp | lol | 13:24 |
| -!- mode/#bitcoin-wizards [+b *!*@*.69.50.179.106] by phantomcircuit | 13:24 | |
| * fluffypony gives kanzure a hug | 13:24 | |
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| fluffypony | just in case | 13:24 |
| kanzure | adam3us: his invalid assumptions were not about game theory iirc, but rather that mining centralization was impossible or something | 13:24 |
| kanzure | adam3us: https://www.reddit.com/r/btc/comments/3xkok3/reduce_orphaning_risk_and_improve/cy60r4y | 13:24 |
| kanzure | and https://www.reddit.com/r/Bitcoin/comments/3yod27/greg_maxwell_was_wrong_transaction_fees_can_pay/cyfluso | 13:24 |
| kanzure | more specifically http://pastebin.com/jFgkk8M3 | 13:25 |
| adam3us | kanzure: if I recall he had assumed that there is no work around to orphans arising block transfer latency while we know multiple ways that is an invalid assumption: SPV mining, delegating validation to more centralised pools. | 13:25 |
| @phantomcircuit | adam3us, simply delaying selecting a transaction for inclusion by 60 seconds would massively reduce that effect as well | 13:26 |
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| adam3us | phantomcircuit: when paired with IBLT or weak-blocks you mean? | 13:28 |
| @phantomcircuit | adam3us, the relay network is enough | 13:29 |
| adam3us | phantomcircuit: true. | 13:29 |
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| adam3us | ok so BU seems to have the weak-blocks & IBLT copied from bitcoin core scaling roadmap. | 13:44 |
| adam3us | https://bitco.in/forum/threads/subchains-and-other-applications-of-weak-blocks.584/#post-7246 | 13:44 |
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| kanzure | adam3us: he was using weak blocks to support his false fee market unlimited block size conclusions. | 13:45 |
| @phantomcircuit | adam3us, it's pretty hilarious to watch him argue in a circle | 13:45 |
| @phantomcircuit | "orphan risk will limit block size" -> "orphans are bad we need weak-blocks & IBLT" -> "wait what was that about orphans?" | 13:46 |
| kanzure | adam3us: all of the misunderstandings originate from prior to his weak block paper (where he butchered the proposal that greg informed him about) | 13:46 |
| instagibbs | managed to squeeze in a hate-citation though | 13:46 |
| instagibbs | limited room in the biblio i guess | 13:46 |
| -!- mode/#bitcoin-wizards [-o phantomcircuit] by ChanServ | 13:46 | |
| phantomcircuit | i really want to know who he's paying to do those animations though | 13:46 |
| phantomcircuit | they're really good | 13:46 |
| kanzure | you mean the one where he conflates block size and transaction capacity and market price and adoption? | 13:47 |
| kanzure | btw, trivial to make lots of fancy animations these days with d3 and other javascript libraries | 13:47 |
| phantomcircuit | kanzure, i mean the ones in the forum post adam3us just linked to | 13:48 |
| kanzure | if they ask for "pdf proof" one more time i think i'll just write down a single sentence about the relay network and pipe that into latex :| | 13:50 |
| adam3us | phantomcircuit: i found it because someone had a link and said if Peter__R leaves Bitcoin he'd have a career as a GIF animator | 13:50 |
| instagibbs | woah those are great | 13:50 |
| adam3us | kanzure: I was thinking the same. iddo wrote up a 2 page research note to capture publishing first to an improved fair coin toss. something like that'd do the trick. but this one could be far shorter. a sentence and QED. | 13:51 |
| adam3us | kanzure: maybe you could submit it to the ledger journal :) | 13:52 |
| kanzure | we can throw 30 or something coauthors on it | 13:52 |
| kanzure | would be amusing | 13:52 |
| adam3us | kanzure: apparently there are papers from CERN that have multipage author sheets :) | 13:55 |
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| kanzure | i wonder where i can find the latex template for that | 13:57 |
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| adam3us | one author would be enough i suspect. | 14:03 |
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| adam3us | uh there are downloads on bitcoin-unlimited. what does it do? | 14:09 |
| Eliel_ | I guess it's a fork of Bitcoin without a block size limit. | 14:10 |
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| alpalp | from what I understand in its current state it basically is command line options to set the block limit independently. | 14:16 |
| alpalp | Gavin did some very basic code review of it and basically said in the nicest manner that it was garbage code | 14:16 |
| alpalp | but its a lot of hand-wavy "the market will decide" stuff | 14:16 |
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| bramc | When I first started digging into bitcoin one of my central questions was 'what is there to stop someone from doing a DoS by creating lots of transactions?' The answer, of course, is the block size limit, which is ugly, functional, and completely necessary | 14:19 |
| dgenr8 | BU currently has no features, other than what alpalp describes. the idea seems to be to create an organization, which then creates software as a side-effect. old school. | 14:20 |
| alpalp | in the end, miners will end up limiting blocksize to maximize revenue - right now doesnt matter | 14:22 |
| phantomcircuit | alpalp, i doubt it | 14:23 |
| dgenr8 | bramc: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-June/008516.html | 14:24 |
| alpalp | phantomcircuit: very long term when subsidy is low - cartel behavior will dictate a restriction of supply to increase price | 14:24 |
| phantomcircuit | alpalp, that only works if there's pretty extreme centralization in mining | 14:25 |
| alpalp | im not sure thats true if they can signal and soft fork to punish cheaters | 14:26 |
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| alpalp | the problem with cartels is a lack of enforcement against cheaters | 14:27 |
| bramc | alpalp, miners have trouble restricting the supply of transactions because their incentives are very strongly to cheat | 14:28 |
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| alpalp | bramc: I believe you are referring to restricting through a soft limit rather than an orphaning strategy | 14:28 |
| alpalp | with that I agree 100% | 14:29 |
| alpalp | of course much of this depends on the elasticity of price demand | 14:29 |
| bramc | alpalp, In the very long term either transaction fees will go up or bitcoin will fall into obscurity | 14:29 |
| alpalp | bramc: aggregate fees? | 14:30 |
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| bramc | alpalp, Don't know what you're asking | 14:30 |
| alpalp | the total transaction fees collected vs. price. | 14:30 |
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| alpalp | it may be the case that the fee paid today remains constant, # of transactions go up. Or fee goes up, #transactions constant, or something between. All would be economically feasible | 14:31 |
| dgenr8 | replacing the cheapest tx in a block with a higher fee gives miner benefit = newfee - oldfee. allowing the extra tx instead gives benefit = oldfee | 14:31 |
| bramc | dgenr8, Let's do a long term permanent reduction in bitcoin's security by a factor of 2! That will fix everything! | 14:31 |
| alpalp | the point is miners can quite easily set an artificial supply limit as a cartel and punish anyone who disobeys through orphaning, so long as they had reason to believe the majority would go along. | 14:31 |
| alpalp | dgner8: except its not isolated that much. An artificial restriction in space allows for those to pay closer to what they value the transaction being included at, rather than the cost to produce. | 14:33 |
| phantomcircuit | alpalp, as bramc said the incentive to cheat even with a soft fork is very very strong | 14:33 |
| dgenr8 | bramc: that assumes facts not in evidence regarding security as a function of blocksize | 14:34 |
| bramc | dgenr8, He's proposing making half of all fees go into the bitbucket, and long term security is directly based off the value of fees | 14:34 |
| alpalp | phantomcircuit: i disagree but there is not much to do other than speculate. risk of disobeying is high, benefit of including a few extra transactions is on the lower side. But game theory will dictate it. If miners can have a high level of confidence in a large amount of agreement (say 75% even), then the orphan risk is significant. | 14:35 |
| alpalp | but game theory in these situations are complex and hard to predict perfectly, i will certainly admit that | 14:35 |
| bramc | dgenr8, I have no idea why he think that would help as an anti-spam measure. In the current system there's a hack in place where the number of active transactions can't be greater than the number of utxos and the priority of each transaction is age * size, which works well enough for now but is a strictly temporary hack | 14:38 |
| dgenr8 | bramc: I agree raystonn's solution is not attractive. i was just highlighting that fees are a general spam deterrent. De-incentivizing unconfirmed chains somehow is a better way to address miner spam | 14:39 |
| bramc | dgenr8, I've been most public about bluntly stating that mining fees are the one true way of deterring transaction spam, so no need to convince me of that. Not sure what you mean about unconfirmed chains. Of course mining old chains gets you orphaned immediately these days. | 14:41 |
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| alpalp | bramc: unconfirmed chains of transactions. Z spends Y which spends X which spends W which spends ... A | 14:43 |
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| alpalp | adds a lot to the mempool of nodes | 14:44 |
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| bramc | alpalp, The fix is for mempools to have a fixed size and drop things whose fee/byte is too low. Child pays does complicate that logic a lot. | 14:45 |
| raedah | bramc, when I think of spam I dont think if too many active transactions. I think of low value transactions that are bloating the size of the blockchain and using the collective storage resource. | 14:45 |
| bramc | raedah, That's what I'm referring to as well. Whether the transactions are created out of malice or inconsideration is besides the point. | 14:46 |
| dgenr8 | bramc: bingo. also i like child-alone-pays-for-all-parents. that would really favor not building chains, while still allowing it with higher fees or waiting for parents to confirm | 14:47 |
| phantomcircuit | alpalp, it depends entirely on how large the reduction is of course | 14:47 |
| bramc | phantomcircuit, That's an interesting question: If x% of the network decided to orphan blocks which weren't at least y% small, how big would x have to be for a given y? And once it was globally enforced, could you repeat the pattern again? | 14:49 |
| alpalp | bramc: you still need to get that data at some point to compare, which can be a ddos. | 14:49 |
| bramc | alpalp, What data? I don't know what you're trying to say. | 14:49 |
| raedah | There are two justifications for the blocksize limit, neither of which make sense to me. One, to prevent DoS, but no one has shown what this attack is or why a blocksize limit would prevent it rather then some other measure. Second, to create a fee market, to which I say, why dont miners just create smaller blocks and devs can provide miners with better transaction inclusion algos. | 14:49 |
| alpalp | the transactions to compare to the mempool to see if they have enough fees | 14:49 |
| bramc | phantomcircuit, I'm not going to work out the details though, because evil people don't need any more help. | 14:50 |
| alpalp | phantomcircuit: It depends a lot on the demand curve and elasticity and how long term they are thinking. | 14:50 |
| dgenr8 | alpalp: You switched away from the miner perspective. My point is, to maximize total fees, a miner should prefer 1 more tx, rather than a higher fee on the last tx. Given the choice. | 14:51 |
| bramc | raedah, Better transaction including algorithms, and related ecosystem things like replace by fee, are very much an active area of work. | 14:51 |
| bramc | dgenr8, I haven't thought through all the edge cases of child pays. It sounds migraine inducing. | 14:52 |
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| alpalp | dgenr8: that's incorrect though. miners have marginal costs and if you can increase the fee everyone pays, that adds up * # of transactions. | 14:55 |
| alpalp | this is econ 101 stuff tho | 14:55 |
| alpalp | peter r might even be competent at that | 14:55 |
| dgenr8 | alpalp: econ 101 says you cannot increase the fees everyone pays. only what is paid at the margin. | 14:56 |
| dgenr8 | peter r goes the next step, and asks what stops this logic from implying an infinite blocksize | 14:58 |
| raedah | dgenr8, block transfer time obviously | 14:58 |
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| adam3us | raedah no. if miners mine on a pool there is no block-transfer time to themselves | 15:00 |
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| adam3us | raedah: similar if they use SPV mining, which the 4th jul fork showed over 50% were doing | 15:01 |
| raedah | adam3us, the miner would never finish creating the infinite sized block, and would never transfer it to the rest of the bitcoin network. | 15:01 |
| adam3us | raedah: similar for relay network which does network compression and is used by big portion of hashrate today. | 15:02 |
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| raedah | adam3us, SPV mining, or not validating blocks, is itself a security problem. | 15:02 |
| adam3us | raedah: think somewhere between 1MB and infinite. say 1GB. i dont have to validate blocks i create - i created them. | 15:02 |
| adam3us | raedah: right one with no known solution that unlimited blocks makes catastrophic | 15:03 |
| raedah | adam3us, doesnt matter if the creator doesnt validate. If the rest of the network doesnt accept the block, its irrelevant. | 15:03 |
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| instagibbs | raedah, why would you not accept the block? everyone else is accepting it. Probably. Maybe phone a friend? | 15:04 |
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| adam3us | raedah: there are two thresholds: tolerable transfer for orphan risk; and tolerable transfer for data center hosted full nodes. the latter can receive the block in 10mins. the former wants it in < 5 seconds. | 15:04 |
| phantomcircuit | instagibbs, lol | 15:04 |
| raedah | instagibbs, yes, thats the directoin I was thinking. Sync up with economic peers on valid chain. | 15:05 |
| instagibbs | I bet bc.i will tell me what the leading block is | 15:05 |
| adam3us | raedah: SPV nodes do not validate blocks. this trend pushes most users to SPV | 15:05 |
| instagibbs | raedah, i was kidding. It kind of devolves into phone-a-friend which is a completely different security model. | 15:06 |
| raedah | adam3us, i thought it was already determined that spv was bad practice for any important node. obivous bad to accept invalid transactions. | 15:07 |
| raedah | instagibbs, the existing protocol already requires peers. just strangers, not friends. | 15:07 |
| adam3us | raedah: the security fo the network depends on a reasonable proportion of economically dependent full nodes validating | 15:07 |
| instagibbs | raedah, except I have to guess out of band if other people are following a block due to block size/validation vost, versus now. | 15:08 |
| raedah | instagibbs, actually you can define ip connections, but you cant prioritize agreement with their values. | 15:08 |
| adam3us | raedah: evidently > 50% of the network at times is SPV mining. they can do that at any block-size below that which causes even transfer to backup across 10mins. | 15:08 |
| instagibbs | #bitcoin level stuff tbh | 15:09 |
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| kanzure | a46d0242496012179297ec6276865dcb609cfeef5164db95030b76c40cd75cd7 | 15:43 |
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| bramc | kanzure, No private keys in the channel please | 15:45 |
| kanzure | nah it's just a hash of an email i sent to george church | 15:48 |
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| brg444 | Happy new year to the wizards! Thank you for all the hard work and resilience you've shown throughout last year. I'm hopeful 2016 will prove to everyone how right and just you were in hindsight. Keep cooking the good stuff! Cheers | 15:59 |
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| bramc | This is only half written and what code is there is horribly buggy, but here you go: https://github.com/bramcohen/MerkleSet | 16:02 |
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| bramc | There's some decent documentation of the data format at the top of the file | 16:03 |
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| adam3us | brg444: happy retarget year 2016 | 16:03 |
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| adam3us | so are people assuming with weak-blocks that there is any consensus enforceability of the weak blocks? | 16:04 |
| brg444 | adam3us thanks! to you as well. also thank you for always being the voice of sanity. | 16:04 |
| bramc | adam3us, enforceability of what? Their acceptance threshold? | 16:05 |
| alpalp | adam3us: i made that mistake the first time | 16:05 |
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| kanzure | bramc: booga booga? | 16:05 |
| adam3us | bramc: no BU seems to claim weak-blocks improve unconfirm tx security. but it seems to me the strong-block has no obligation to build on a weak block for similar reasons to IBLT being not secure in an adversarial sense | 16:06 |
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| bramc | adam3us, My inclination is to stop listening at 'unconfirmed transaction security' | 16:07 |
| adam3us | it seems the main use of weak-blocks is to provide a despammed indication of what the network is mining which is in no way a guarantee of what will be in the next full block. eg i could mine one spend in a weak-block and then switch to double-spending it without penalty | 16:07 |
| bramc | kanzure, I always use that for writeme, because it's unambiguously syntactically invalid in Python. I don't know why I've always used that word. | 16:08 |
| adam3us | bramc: well that too. just trying to figure out if their logic makes sense modulo that being very best-effort | 16:08 |
| kanzure | bramc: https://github.com/bramcohen/MerkleSet/pull/1 | 16:09 |
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| bramc | kanzure, thanks | 16:12 |
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| bramc | adam3us, If you have the logic in place that in the case of two real blocks arriving near each other in time the one with more weak blocks wins then weak blocks do increase the epsilon of security by some percentage | 16:16 |
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| dgenr8 | adam3us: you do have to be a miner, making it similar to a Finney attack | 16:18 |
| adam3us | bramc: that would create progress in proof of work and break level playing field. | 16:18 |
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| bramc | adam3us, It actually helps in defending against withholding attacks and I think overall makes things better for small miners. | 16:19 |
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| bramc | adam3us, although a strong argument can be made that it should only work as an overrule if one beats the other by too much and they arrive very close in time | 16:20 |
| bramc | Like, if a block arrives 5 seconds after the other but has 2 weak blocks on it then it wins. | 16:20 |
| adam3us | bramc: maybe. its pretty hard to get confidence in correctness of game-theory arising from rearranging or complicating consensus rules. most things end up worse or more complex to insufficient gain. | 16:21 |
| adam3us | bramc: a big miner could withhold weak-blocks more effectively and predictably as it has more hashrate. | 16:22 |
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| bramc | adam3us, Oh yeah, I hadn't thought about that. | 16:23 |
| adam3us | bramc: anyway i guess you are trying to repair something that is probably broken in the BU paper. i dont see such a rule, it's just a non-adversarial "miners are nice and cooperate" kind of argument i think. | 16:23 |
| kanzure | adam3us: surely you have seen the broken transaction fee market paper from the same author? | 16:24 |
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| adam3us | kanzure: i skimmed enough to spot the input assumption mistake. | 16:25 |
| kanzure | ok. | 16:26 |
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| JackH | I am trying to manually add nodes in bitcoin-qt under the console window, but the addnode "ipaddr" doesnt seem to wrok | 16:52 |
| JackH | any suggestion? | 16:52 |
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| JackH | you guys dont have to spam me with suggestions, I need time to read it all | 16:57 |
| JackH | ;) | 16:57 |
| alpalp | jackH: wrong channel, try #bitcoin | 16:58 |
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| JackH | ahh wait, this one worked | 16:59 |
| JackH | addnode "ipaddr" "add" | 17:00 |
| JackH | hmm this is odd, the node is added | 17:01 |
| JackH | but it doesnt show up the connected peers list | 17:01 |
| bramc | JackH, Seriously, please ask those things in #bitcoin that's the appropriate channel for such questions | 17:01 |
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| kanzure | firm soft-forks, firm hard-forks, extension blocks https://www.reddit.com/r/Bitcoin/comments/3z0u1b/is_there_a_possible_grand_unified_theory_of/cyikuwy | 19:22 |
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| bramc | I continue to maintain that sticking with soft forks is working just fine | 19:49 |
| bramc | My prediction for bitcoin in 2016: Lots of good engineering, continuing sideways movement on consumer adoption | 19:51 |
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| Peter_R_ | My prediction for 2016: Continued decentralization of development. | 21:50 |
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| midnightmagic | my prediction for that IP address is about to come to pass | 23:59 |
| --- Log closed Sat Jan 02 00:00:53 2016 | ||
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