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02:36 < adam3us> petertodd: you can make a blocksize extension (an size increase) by soft-fork.  interestingly SPV clients might be compatible with a hard fork bitcoin block size increase also (they're just looking at log(n) paths anyway
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02:48 < gmaxwell> (as an aside, it's 90 bits of griding, even accounting for 10 bits of meet in the middle, to do the node emulation in the bitcoin tree. If it weren't it would be a serious security vulnerability for SPV nodes. (I'd mentioned it in here prviously))
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04:46 < rusty> Lightning network paper part II: http://rusty.ozlabs.org/?p=462
04:47 < rusty> Corrections welcome (will check logs tomorrow)
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07:33 < instagibbs> rusty: “What’s brown and sticky?” - I laughed
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12:18 < fluffypony> https://www.reddit.com/r/Bitcoin/comments/3129rb/factom_sells_over_1_million_in_first_24_hours/
12:18 < fluffypony> no words
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12:25 < fluffypony> justusranvier is on fire in that thread
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12:43 < petertodd> gmaxwell: 90 bits? that doesn't sound right; a simple fix would be a soft-fork to prevent txs smaller than 65 bytes
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13:43 < andytoshi> petertodd: iirc the calculation was done in the logs somewhere here, it was a sum of like 15 terms
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14:08 < andytoshi> maybe not :/ i can't find it anywhere ... was something like 32 to make version == 1, maybe 10 to get a valid locktime, 7 for ninputs == 0 or 1, 5 for noutputs ≤ 8, then the size byte of all the scripts had to be really small
14:08 < andytoshi> the rest had to do with getting an actual attack rather than just a valid tx maybe?
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14:20 < andytoshi> rusty: i really like these lightning posts, i don't think it's possible to make it more accessible
14:22 < andytoshi> and i think it's all correct
14:23 < rusty> andytoshi: thanks... GreenIsMyPepper made one clarification on the first post, but no horrible flaws yet.
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15:03 < moa> thanks rusty
15:04 < moa> elucidation is always wworthwhile
15:04 < moa> not to mention review
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--- Log closed Thu Apr 02 00:00:09 2015