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08:14 < kouradas> i made A this dogeraiser and they scammed me. if you can help there is a hefty sum to be made check this post also http://www.reddit.com/r/dogecoin/comments/2mkfvd/dogeraiser_repost/ 6 MILLION DOGECOIN
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11:00 < lechuga_> is a freimarkets impl the sidechains grail?
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11:36 < manaka> are there simpler alternatives for two way pegging than sidechains?
11:37 < manaka> like let's say a blockchain less alternative
11:37 < Luke-Jr> manaka: potentially, if the pegs are SNARKs
11:37 < manaka> aren't snarks unfeasible for now?
11:38 < Luke-Jr> probably, just saying
11:38 < Luke-Jr> (depending on what you mean by 'unfeasible'…)
11:38 < lechuga_> wonder y i never saw the freimarkets paper until the funding announcement
11:39 < Luke-Jr> funding announcement?
11:39 < manaka> what about open transactions extending a 2 peg system?
11:39 < lechuga_> the blockstream blog post
11:39 < Luke-Jr> Freimarkets is AFAIK part of BlockStream's umbrella - not sure why there'd be external funding O.o
11:39 < lechuga_> http://blockstream.com/2014/11/17/blockstream-closes-21m-seed-round/
11:39 < manaka> what are those venture capitaliss getting in return?
11:39 < lechuga_> sorry, didnt mean to imply separate funding
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11:42 < Luke-Jr> ah, got it
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13:17 < AdrianG> does blockstream have a revenue model? how they are raising 21M ?
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13:19 < phantomcircuit> AdrianG, i believe it's
13:19 < phantomcircuit> build cool things
13:19 < phantomcircuit> ???
13:19 < phantomcircuit> profit
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13:23 < Luke-Jr> phantomcircuit: lol, pretty much
13:24 < Luke-Jr> AdrianG: they're basically trusting us to come up with something I guess
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13:29 < AdrianG> lol phantomcircuit
13:29 < AdrianG> I am guessing it was 21M cos there are 21M bitcoins.
13:29 < AdrianG> 1 dollar = 1 btc.
13:31 < Luke-Jr> :D
13:31 < AdrianG> Luke-Jr: "us", you mean you are on blockstream team also? I didnt know
13:32 < Luke-Jr> AdrianG: yeah
13:33 < AdrianG> interesting.
13:35 < Luke-Jr> AdrianG: I'm mainly focussed on mining decentralisation - now I can dedicate more time to getting things rolled out
13:38 < AdrianG> Luke-Jr: thats your part of blocksteam work?
13:39 < Luke-Jr> right
13:39 < AdrianG> nice
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13:57 < go1111111> are folks here familiar with Vitalik's "exponential subjective scoring" idea, where nodes don't just accept the longest fork, but use a rule where if they see a new fork that starts N nodes back, they penalize it by a factor of something like 0.6^N? I have a feeling this doesn't improve security for game theory reasons -- nodes can freely pick which subjective outlook they want to have. has this been formally analyzed?
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14:04 < Luke-Jr> well, it obviously makes it difficult (impossible?) for a new node to come to the same conclusions as existing nodes
14:04 < helo> so, a node walks into a room. it sees one chain of length ... yeah what luke said
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14:06 < helo> i could make a billion-block chain of very low difficulty, and it would be chosen over the real 330K chain
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14:08 < tromp_> choosing between 2 forks should not depend on which you saw first...
14:08 < go1111111> yeah, makes sense.
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14:27 < AdrianG>  vitalik has wild ideas.
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14:53 < heath> petertodd: typo on the readme
14:54 < heath> hm, i thought i would be less annoying and create a PR for this, but now i don't recall where i saw it :)
14:54 < heath> maybe should have performed the annoying action
14:56 < heath> it's in the readme of python-bitcoinlib, but i guess it isn't a big deal given i can't find it now
15:03 < petertodd> heath: hahahahaha, I think you won the game for least useful bug report :)
15:04 < petertodd> heath: though granted, you could have left out the "on the readme" to make it even less useful...
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15:05 < maaku> petertodd: I'm pretty sure I saw a typo in one of your posts on reddit.
15:05 < maaku> can't remember where it was, sorry.
15:05 < btcdrak> lol
15:05 < maaku> but you should fix that
15:06 < petertodd> maaku: I was about to respond with a joke involving a binary search... but I can't see how to get reddit to tell you how many posts you've made...
15:07 < kanzure> simple, place a bounty on it
15:07 < petertodd> kanzure: ok, for each type you find, log2(n)*1uBTC
15:08 < petertodd> (I'm not very confident...)
15:08 < kanzure> heath: "libary"
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15:09 < kanzure> petertodd: https://github.com/petertodd/python-bitcoinlib/commit/f765ce68ac3d424dd7d3ea8c0c7df40722ca7b9c#diff-c47c7c7383225ab55ff591cb59c41e6bR22
15:11 < petertodd> kanzure: done, https://github.com/petertodd/python-bitcoinlib/commit/336dce5b870052ff47058c2cbd16f7b63505f987
15:12 < petertodd> kanzure: now just find one more and you'll get your first micro-bitcoin reward!
15:12 < kanzure> what's really funny is that i'm actually paying heath
15:12 < kanzure> and i'm paying him more than one micro-bitcoin
15:12 < petertodd> lol
15:12 < btcdrak> this channel needs a tipbox
15:12 < btcdrak> *t
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15:13 < petertodd> btcdrak: ...implemented by paying each other in coinbase txout probabalistic payments
15:14 < btcdrak> .-.
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15:35 < heath> kanzure: ah, there it is
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15:38 < heath> really, there are rewards with typos?
15:38 < heath> kanzure: i'm pretty sure i can find more
15:38 < heath> s/kanzure/petertodd
15:39 < heath> i can get you 3 - 4 typo corrections tonight if you want them
15:42 < heath> i like that "typo" is misspelled in the commit :)
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15:59 < phantomcircuit> petertodd, what's the proofmarshall stuff?
15:59 < phantomcircuit> -l
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16:03 < phantomcircuit> petertodd, also, why bother with the key/value seems like the key alone would be sufficient
16:03 < phantomcircuit> wait no
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16:03 < phantomcircuit> key/value is useful
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--- Log closed Tue Nov 18 00:00:54 2014