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| fluffypony | OT: https://archive.org/details/malwaremuseum?sort=-publicdate | 06:40 |
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| Aleph0 | nice | 07:21 |
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| bsm117532 | Given an incremental hash function, the UTXO set hash commitment can be decomposed as root=HASH(A|B|C) where b is an individual UTXO, and A,C are the incremental hashes of all other UTXOs less than or greater than B, respectively. If `root` is known by everyone, proof of presence of B in the UTXO set comes down to supplying A and C. | 08:21 |
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| bsm117532 | This might also be used for sharding the blockchain: if I have only a fraction of the UTXO set, a node having a disjoint fraction can prove to me that a transaction spending a UTXO from his subset is unspent by supplying A and C. | 08:23 |
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| Eliel | bsm117532: sounds good, as long as the incremental hash function doesn't open up new attacks that are a problem. | 08:26 |
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| bsm117532 | Eliel: clearly. There's only a little research on incremental hash functions, but one can be created by making a Merkle tree using a standard hash function, at the cost of O(log(n)) space cost instead of O(1). | 08:28 |
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| bsm117532 | What I'm unsure of, is if one uses a Merkle tree construction as bramc is working on, can one compactly communicate enough data to allow computation of the new root hash after adding/removing an element from the Merkled set. Or, can the tree rearrangement be so extensive as to require essentially the entire tree? | 08:49 |
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| nsh | depends how its balanced | 09:10 |
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| bsm117532 | nsh: How do you have to balance a Merkle tree, composed from a sorted list of UTXOs, such that an "add" or a "remove" operation can be communicated with a Merkle branch? (Allowing the recipient to compute the new Merkle root) | 10:10 |
| bsm117532 | Maybe this problem is easier than I'm imagining. Some simple examples by hand were easy to do... | 10:10 |
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| moa | http://it.slashdot.org/story/16/02/03/177233 | 15:12 |
| kanzure | .title | 15:14 |
| yoleaux | Open Source Pioneer Michael Tiemann On the Myth of the Average - Slashdot | 15:14 |
| kanzure | "In a recent article, Michael Tiemann, one of the world's first open source entrepreneurs and VP of Open Source Affairs at Red Hat, highlights an example from the 1950s US Air Force where the "myth of the average resulted in a generation of planes that almost no pilots could reliably fly, and which killed as many as 17 pilots in a single day." He uses this example to argue that IT leaders who think that playing it safe means being as ... | 15:15 |
| kanzure | ... average as possible in order to avoid risks (i.e. "Buy what others are buying. Deploy what others are deploying. Manage what others are managing.") may be making IT procurement and strategy decisions based on flawed data. Instead, Tiemann says that IT leaders should understand elements of differentiation that are most valuable, and then adopt the standards that exploit them. "Don't aim for average: it may not exist. Aim for ... | 15:15 |
| kanzure | ... optimal, and use the power of open source to achieve what uniquely benefits your organization."" | 15:15 |
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| roybadam1 | Anyone have a reference to the hybrid PoW proposal (I think) involving every tenth block using a different PoW algorithm? I think I saw a reference to such an idea recently, but I don't recall where | 16:10 |
| bsm1175321 | What's the point of that? | 16:18 |
| roybadam1 | I don't know the original context, and I suspect it may be very different from what I'm thinking about | 16:18 |
| roybadam1 | My thought is that something on those lines could be used to incetivise building mining infrastructure around a new PoW without disenfranchising existing miners - in the event that at some point in the future cryptological attacks on SHA256 meant that we needed to transition away from it. Based on previous history of such attacks, it's likely that we'd have many years to transition, so it's intersting to think about how one might do it in an o | 16:21 |
| bsm1175321 | roybadam1: You got cut off at "do it in an o..." | 16:23 |
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| roybadam1 | ...do it in an orderly manner | 16:24 |
| roybadam1 | I vaguely think the original context was to allow every 10th block to be GPU mined - which isn't my interest at all. I'd still be interested in a reference to the proposal though, if anyone has seen it or knows who was behind it. | 16:26 |
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| roybadam1 | (I'm very strongly against change of bitcoin PoW absent cryptographic necessity- but it's still interesting to reflect on what we might do in the event of such a necessity) | 16:28 |
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| roybadam1 | Mainly I was going to parenthetically reference the concept in a forum post I was considering writing and I'd like to be able to credit it to it's originator | 16:34 |
| roybadam1 | *its | 16:35 |
| roybadam1 | (sorry, it's late) | 16:35 |
| Luke-Jr | kanzure: scared me there. I thought it said Toomin. :P | 16:37 |
| kanzure | you mean toomim | 16:39 |
| kanzure | jtimon is someone else | 16:39 |
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| Luke-Jr | [23:14:50] <yoleaux> Open Source Pioneer Michael Tiemann On the Myth of the Average - Slashdot <-- there | 16:42 |
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| Anduck | would it be possible to split a payment channel for 3rd participant? could it be divided without broadcasting anything to blockchain? | 17:23 |
| Anduck | or could a payment channel initializing tx include opening for a multi-participant channel? | 17:24 |
| Anduck | so one tx could open a channel for many people | 17:24 |
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| Eliel | Anduck: No. I think a N participant channel is possible, but it'd require N of N multisig address as a base. As far as I know, there's no way to transform 2of2 into 3of3 without a new transaction. | 17:31 |
| Anduck | okay. thanks | 17:34 |
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| Eliel | that being said, if the 3rd participant trusts one of the others in the channel, it could perhaps work. However, it requires the trust because the other two can decide to cancel the allocation to the 3rd member if they agree. | 17:36 |
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| maaku_ | bsm1175321: depends on what you want to do with the UTXO commitments... | 20:44 |
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| fluffypony | roybadam1: most of those schemes are uninteresting due to the added verification cost, which opens up a DoS attack surface on nodes | 23:28 |
| fluffypony | roybadam1: about the only interesting PoW that Bitcoin could look at, if it had to move, is SHA3 | 23:30 |
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| --- Log closed Sat Feb 06 00:00:25 2016 | ||
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