--- Day changed Sat Jul 27 2019
00:02 < belcher> waxwing yes the IRC nick would be signed as proof that the fidelity bond TXO and IRC nick are owned by the same person
00:10 < belcher> regarding quadratic valuation, i thought 2 would be the easiest to understand and calculate for non-mathematicians, rather than some fraction like 1.5 or 2.25
00:11 < belcher> deposit rates could become negative for fiat currency because its centrally controlled, i doubt the deposit rate of bitcoin could become negative
02:17 < adlai> belcher: https://gist.github.com/chris-belcher/18ea0e6acdb885a2bfbdee43dcd6b5af/#gistcomment-2982459
02:17 < belcher> ty     
02:18  * adlai as usual, sounds, like, like, like, abrokenrecordkrgnteoudtn :D
02:18 < belcher> can you help me understand this sentence please "It would be preferable for a system that allows the relevant coin-age accumulation to proceed in isometric parallel to a coin's availability"
02:19 < belcher> maybe a concrete example to help me get it
02:19 < adlai> re: the shenanigans in that other wallet - I'm glad to hear that their mechanisms are getting investigated, rather than passively used by a unanimous mass of unthinking lusers
02:20 < adlai> belcher: explanation here, or writeup in an additional comment?
02:20  * adlai could also just dig out the discussion from logs
02:22 < belcher> what does it mean for something to proceed in isometric parallel to something also
02:22 < belcher> also what do you mean by a coin's availability
02:22 < adlai> one example of such a protocol is that, when the taker validates the liquidity offered by each maker, it would consider utxos as probabilisticially invalid, according to an inflated reorg probability
02:23 < adlai> "proceed in isometric parallel" = adlaispeak for coinage / bitcoin-days-destroyed
02:23 < adlai> i.e., the number of blocks that a coin sits still, multiply its value in coin-age; so its value increases in parallel to its age, in a linear manner
02:24 < adlai> arguably the value should increase superlinearly
02:24 < adlai> so that takers would express a strong preference for joining with older coins
02:25 < adlai> "a coin's availability" = the inclusion of a given utxo in the liquidity pool that can participate in a coinjoin at the given moment
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02:27 < belcher> ok i see
02:31  * adlai edits comment
02:52 < adlai> folks who've been here for a while can dig for the discussions of this idea, it's just about time for me to afk
02:53 < adlai> belcher: comment edited, i hope the clarifications are helpful
02:53 < belcher> ty     
03:42 < waxwing> guys can i suggest we stick the discussion to #371 rather than the gist(s)? the reason is, gists don't ping, and Issues do
03:47 < waxwing> adlai, interesting thoughts, thanks. i suspect super-linearity in age *and* size might make sense as per belcher's quadratic suggestion.
03:47 < waxwing> but really overall this needs a lot of thinking through i guess. i hope it doesn't get too complicated like everything else :)
03:48 < belcher> i dont see why age even helps
03:48 < waxwing> like just "super-linearity in coin age"
03:48 < belcher> locktime is already taken into account in the value
03:48 < belcher> for burned coins time isnt take into account because they're locked forever
03:48 < waxwing> right. but isn't adlai suggesting an alternative to time-locking here?
03:49 < belcher> yes thats right
03:51 < waxwing> i guess then i just didn't get the context when you said "locktime is already taken into account in the value".
04:00 < belcher> i dont know if coin-age can even be considered a sacrifice, the owner could've moved the coin at any time
04:04 < belcher> another benefit of timelocking over aging coins is people can start being a maker immediately, they send coins to a timelocked address and immediately a fidelity bond is created
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04:38 < belcher> github has started geofencing certain countries, thats kind of a problem
04:39 < belcher> i wonder if theres alternative hosting sites
05:07 < zfk> why the heck would they do that?!
05:07 < zfk> :(     
05:12 < qubenix> belcher: self hosting something is an option. i host gitlab, it takes almost no effort and very little resources.
06:25 < kristapsk> with the nature of the git, I don't see a problem mirroring repo to other sites too
06:25 < kristapsk> Gitlab vs GitHub isn't any improvement here, both are operating under US law
06:26 < kristapsk> there's discussion in bitcoin/bitcoin about the issue - https://github.com/bitcoin/bitcoin/issues/16472
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