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quit [Ping timeout: 244 seconds] 06:40 -!- Quanttek [~quassel@2a02:8108:73f:f6e4:e23f:49ff:fe47:9364] has quit [Ping timeout: 250 seconds] 06:57 -!- Aquentin [~Aquentin@unaffiliated/aquentin] has joined #bitcoin-wizards 06:57 -!- davi [~davi@gnu/davi] has joined #bitcoin-wizards 07:01 -!- paveljanik [~paveljani@unaffiliated/paveljanik] has quit [Ping timeout: 256 seconds] 07:05 -!- p15x_ [~p15x@64.145.91.120] has joined #bitcoin-wizards 07:10 -!- davi [~davi@gnu/davi] has quit [Ping timeout: 246 seconds] 07:17 -!- maraoz [~maraoz@181.29.98.57] has joined #bitcoin-wizards 07:18 -!- rodarmor [~rodarmor@static-100-38-11-146.nycmny.fios.verizon.net] has joined #bitcoin-wizards 07:21 -!- ozanyurt [~textual@91.93.237.251] has joined #bitcoin-wizards 07:22 < kanzure> re: dynamic adjustment of max block size proposals, where the problem has been that miners never havee any reason to decrease the maximum, what happened to that elastic transaction fee pool proposal that would pay miners that choose to make smaller blocks? what was the name of that proposal. 07:23 -!- ozanyurt_ [~textual@37.0.121.168] has quit [Ping timeout: 246 seconds] 07:26 -!- DougieBot5000 [~DougieBot@unaffiliated/dougiebot5000] has joined #bitcoin-wizards 07:27 -!- King_Rex [~King_Rex@192.sub-70-193-70.myvzw.com] has quit [Remote host closed the connection] 07:28 -!- King_Rex [~King_Rex@192.sub-70-193-70.myvzw.com] has joined #bitcoin-wizards 07:31 < fluffypony> kanzure: in Monero we penalise large blocks (affects the block reward), would that not have the same net effect? 07:35 -!- Artimage [d88b8b32@gateway/web/cgi-irc/kiwiirc.com/ip.216.139.139.50] has joined #bitcoin-wizards 07:36 < kanzure> uh maybe, i guess it depends on how you choose to reallocate the missing block reward? 07:38 -!- Artimage [d88b8b32@gateway/web/cgi-irc/kiwiirc.com/ip.216.139.139.50] has quit [Client Quit] 07:40 < fluffypony> true 07:40 < fluffypony> we have a minimum block reward (infinite emission, so slightly disinflationary starting at 0.8%), so we don't have to worry about that 07:41 < fluffypony> what if halving happened at an emission point rather than a block point 07:43 -!- Artimage [d88b8b32@gateway/web/cgi-irc/kiwiirc.com/ip.216.139.139.50] has joined #bitcoin-wizards 07:43 -!- Tiraspol [~Tiraspol3@unaffiliated/tiraspol] has quit [Ping timeout: 244 seconds] 07:43 -!- ThomasV [~ThomasV@unaffiliated/thomasv] has quit [Ping timeout: 245 seconds] 08:02 -!- ThomasV [~ThomasV@unaffiliated/thomasv] has joined #bitcoin-wizards 08:08 -!- wallet42 [~wallet42@120.88.228.170] has joined #bitcoin-wizards 08:16 -!- King_Rex [~King_Rex@192.sub-70-193-70.myvzw.com] has quit [Remote host closed the connection] 08:20 -!- Giszmo [~leo@pc-185-201-214-201.cm.vtr.net] has joined #bitcoin-wizards 08:23 -!- paveljanik [~paveljani@unaffiliated/paveljanik] has joined #bitcoin-wizards 08:23 -!- ASTP001 [~ASTP001@50-78-139-78-static.hfc.comcastbusiness.net] has quit [Ping timeout: 245 seconds] 08:28 -!- King_Rex [~King_Rex@192.sub-70-193-70.myvzw.com] has joined #bitcoin-wizards 08:29 -!- wallet42 [~wallet42@120.88.228.170] has quit [Quit: Leaving.] 08:32 < MRL-Relay> [tacotime] kanzure: block reward is entered back into the total pool of rewards, so the "lost" rewards are actually paid back to all remaining miners until we hit minimum network subsidy. 08:41 -!- bedeho [~bedeho@50-202-37-133-static.hfc.comcastbusiness.net] has joined #bitcoin-wizards 08:43 -!- PaulCapestany [~PaulCapes@204.28.124.82] has joined #bitcoin-wizards 08:52 -!- maaku [~quassel@50-0-37-37.dsl.static.fusionbroadband.com] has quit [Ping timeout: 246 seconds] 08:53 -!- Burrito [~Burrito@unaffiliated/burrito] has joined #bitcoin-wizards 08:54 -!- maaku [~quassel@50-0-37-37.dsl.static.fusionbroadband.com] has joined #bitcoin-wizards 08:55 -!- maaku is now known as Guest68235 08:55 -!- AnoAnon [~AnoAnon@197.39.249.219] has joined #bitcoin-wizards 08:55 -!- AnoAnon [~AnoAnon@197.39.249.219] has quit [Max SendQ 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Using pure CSS." 12:38 -!- sipi_ [~sipi@165.64.broadband12.iol.cz] has joined #bitcoin-wizards 12:39 -!- sipi [~sipi@165.64.broadband12.iol.cz] has quit [Ping timeout: 244 seconds] 12:40 -!- p15x [~p15x@111.193.186.61] has joined #bitcoin-wizards 12:40 -!- CoinMuncher [~jannes@178.132.211.90] has quit [Quit: Leaving.] 12:41 -!- p15_ [~p15@111.193.186.61] has joined #bitcoin-wizards 12:42 -!- p15 [~p15@123.118.84.29] has quit [Ping timeout: 250 seconds] 12:43 -!- p15x_ [~p15x@64.145.91.120] has quit [Ping timeout: 255 seconds] 12:44 -!- zooko [~user@c-71-229-205-98.hsd1.co.comcast.net] has joined #bitcoin-wizards 12:46 -!- sipi [~sipi@165.64.broadband12.iol.cz] has joined #bitcoin-wizards 12:49 -!- sipi_ [~sipi@165.64.broadband12.iol.cz] has quit [Ping timeout: 255 seconds] 12:49 -!- ozanyurt [~textual@91.93.237.251] has quit [Quit: My Mac has gone to sleep. ZZZzzz…] 12:50 < instagibbs> that's an amazing title 12:51 -!- AaronvanW [~ewout@unaffiliated/aaronvanw] has quit [Ping timeout: 246 seconds] 12:51 -!- n24j [972c9409@gateway/web/cgi-irc/kiwiirc.com/ip.151.44.148.9] has joined #bitcoin-wizards 12:51 -!- AaronvanW [~ewout@unaffiliated/aaronvanw] has joined #bitcoin-wizards 12:52 -!- Aquentin [~Aquentin@unaffiliated/aquentin] has left #bitcoin-wizards ["Leaving"] 12:54 -!- paveljanik [~paveljani@79-98-72-216.sys-data.com] has joined #bitcoin-wizards 12:54 -!- paveljanik [~paveljani@79-98-72-216.sys-data.com] has quit [Changing host] 12:54 -!- paveljanik [~paveljani@unaffiliated/paveljanik] has joined #bitcoin-wizards 13:03 -!- davi [~davi@gnu/davi] has joined #bitcoin-wizards 13:06 -!- p15_ [~p15@111.193.186.61] has quit [Max SendQ exceeded] 13:08 -!- p15 [~p15@111.193.186.61] has joined #bitcoin-wizards 13:12 -!- Artimage [d88b8b32@gateway/web/cgi-irc/kiwiirc.com/ip.216.139.139.50] has quit [Quit: http://www.kiwiirc.com/ - A hand crafted IRC client] 13:14 -!- gielbier [~giel@a149043.upc-a.chello.nl] has quit [Ping timeout: 264 seconds] 13:15 -!- dEBRUYNE [~dEBRUYNE@56-197-ftth.onsbrabantnet.nl] has quit [Ping timeout: 255 seconds] 13:18 -!- akkked [~RH311ish@65.78.60.74] has joined #bitcoin-wizards 13:20 -!- King_Rex [~King_Rex@13.sub-70-193-65.myvzw.com] has joined #bitcoin-wizards 13:20 -!- RH311ish [~RH311ish@65.78.60.74] has quit [Ping timeout: 252 seconds] 13:21 -!- sipi [~sipi@165.64.broadband12.iol.cz] has quit [Ping timeout: 246 seconds] 13:25 -!- sipi [~sipi@165.64.broadband12.iol.cz] has joined #bitcoin-wizards 13:26 -!- sipi [~sipi@165.64.broadband12.iol.cz] has quit [Remote host closed the connection] 13:26 -!- Adlai [~Adlai@unaffiliated/adlai] has quit [Quit: Insufficient entropy for original quit message] 13:29 -!- akkked [~RH311ish@65.78.60.74] has quit [Ping timeout: 244 seconds] 13:30 -!- RH311ish [~RH311ish@65.78.60.74] has joined #bitcoin-wizards 13:31 -!- King_Rex [~King_Rex@13.sub-70-193-65.myvzw.com] has quit [Remote host closed the connection] 13:36 -!- NewLiberty [~NewLibert@76-255-129-88.lightspeed.irvnca.sbcglobal.net] has quit [Ping timeout: 244 seconds] 13:36 -!- n24j [972c9409@gateway/web/cgi-irc/kiwiirc.com/ip.151.44.148.9] has quit [Quit: http://www.kiwiirc.com/ - A hand crafted IRC client] 13:43 -!- n24j [97129496@gateway/web/cgi-irc/kiwiirc.com/ip.151.18.148.150] has joined #bitcoin-wizards 13:44 -!- bedeho [~bedeho@50-202-37-133-static.hfc.comcastbusiness.net] has quit [Ping timeout: 246 seconds] 13:45 -!- p15 [~p15@111.193.186.61] has quit [Read error: Connection reset by peer] 13:49 -!- p15x_ [~p15x@114.244.157.178] has joined #bitcoin-wizards 13:49 -!- p15x [~p15x@111.193.186.61] has quit [Ping timeout: 246 seconds] 13:50 -!- akkked [~RH311ish@65.78.60.74] has joined #bitcoin-wizards 13:51 -!- tripleslash [~triplesla@unaffiliated/imsaguy] has quit [Ping timeout: 240 seconds] 13:51 -!- p15 [~p15@114.244.157.178] has joined #bitcoin-wizards 13:52 -!- jtimon [~quassel@69.29.134.37.dynamic.jazztel.es] has joined #bitcoin-wizards 13:53 -!- RH311ish [~RH311ish@65.78.60.74] has quit [Ping timeout: 260 seconds] 13:59 -!- tripleslash [~triplesla@unaffiliated/imsaguy] has joined #bitcoin-wizards 14:03 -!- davi [~davi@gnu/davi] has quit [Remote host closed the connection] 14:03 -!- n24j [97129496@gateway/web/cgi-irc/kiwiirc.com/ip.151.18.148.150] has quit [Quit: http://www.kiwiirc.com/ - A hand crafted IRC client] 14:05 -!- paveljanik [~paveljani@unaffiliated/paveljanik] has quit [Quit: Leaving] 14:06 -!- wallet42 [~wallet42@203.145.79.146] has joined #bitcoin-wizards 14:09 -!- wallet42 [~wallet42@203.145.79.146] has quit [Client Quit] 14:17 -!- dc17523be3 [~unknown@cpe-66-68-54-206.austin.res.rr.com] has quit [Ping timeout: 265 seconds] 14:18 -!- dc17523be3 [~unknown@193.138.219.233] has joined #bitcoin-wizards 14:26 -!- xtalmath [~xtalmath@ip-81-11-174-236.dsl.scarlet.be] has quit [Quit: Leaving.] 14:27 -!- Adlai [~Adlai@unaffiliated/adlai] has joined #bitcoin-wizards 14:27 -!- dimoe [~d1m03@50.248.81.66] has quit [Quit: Leaving] 14:33 -!- bedeho [~bedeho@50-202-37-133-static.hfc.comcastbusiness.net] has joined #bitcoin-wizards 14:35 -!- ashtin [~ashtin@50.248.81.66] has joined #bitcoin-wizards 14:37 -!- ASTP001 [~ASTP001@50-78-139-78-static.hfc.comcastbusiness.net] has quit [Quit: My Mac has gone to sleep. 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connection] 17:48 -!- airbreather [~airbreath@d149-67-99-43.nap.wideopenwest.com] has joined #bitcoin-wizards 17:54 -!- bedeho [~bedeho@50-202-37-133-static.hfc.comcastbusiness.net] has quit [Ping timeout: 240 seconds] 17:56 -!- bendavenport [~bpd@96.90.231.161] has quit [Quit: bendavenport] 17:57 -!- dEBRUYNE [~dEBRUYNE@56-197-ftth.onsbrabantnet.nl] has quit [Ping timeout: 255 seconds] 17:58 -!- AaronvanW [~ewout@unaffiliated/aaronvanw] has quit [Ping timeout: 246 seconds] 18:01 -!- King_Rex [~King_Rex@106.sub-70-193-66.myvzw.com] has joined #bitcoin-wizards 18:06 -!- Apocalyptic [~Apocalypt@unaffiliated/apocalyptic] has quit [Read error: Connection reset by peer] 18:07 -!- bedeho [~bedeho@50-202-37-133-static.hfc.comcastbusiness.net] has joined #bitcoin-wizards 18:09 -!- NewLiberty [~NewLibert@76-255-129-88.lightspeed.irvnca.sbcglobal.net] has joined #bitcoin-wizards 18:14 -!- p15 [~p15@114.244.157.178] has quit [Max SendQ exceeded] 18:14 < smooth> one issue in monero is there is no explicit incentive for miners to produce a below-median size block, so the block size may not shrink 18:15 -!- p15 [~p15@114.244.157.178] has joined #bitcoin-wizards 18:15 < smooth> one argument is that orphan rate provides a small incentive, as does breakage (it is hard to produce exactly median, and if you go over you are penalized). i dont know if those are enough 18:19 < gmaxwell> smooth: I don't think orphan rate is an argumet except right around the point of indifference. It isn't fundimentally hard to change how you forward blocks and select transactions such that orphaning has nothing to do with the blocksize (this is true for both monero and bitcoin) 18:19 -!- Apocalyptic [~Apocalypt@unaffiliated/apocalyptic] has joined #bitcoin-wizards 18:21 -!- antgreen [~user@CPE687f74122463-CM00fc8d24cab0.cpe.net.cable.rogers.com] has quit [Read error: Connection reset by peer] 18:21 -!- antgreen` [~user@CPE687f74122463-CM00fc8d24cab0.cpe.net.cable.rogers.com] has joined #bitcoin-wizards 18:27 < gmaxwell> (e.g. a toy example, miner software could run a merged mined seperate consensus system that does nothing but decide on an ordering of transactions. Not-enforced. Miners could then include transactions from that chain, once they are good and burred, by reference with essentially constant size and bypass all transmission and verification delays (as its already been done) for anything that is taken 18:27 < gmaxwell> verbarim from that system .... consensus is actually way overkill for this but it's an easily understood example of what there can be no size proportionality for orphaning if someone bothers to write the software) 18:38 -!- sausage_factory [~priidu@unaffiliated/priidu] has joined #bitcoin-wizards 18:39 -!- Dr-G [~Dr-G@unaffiliated/dr-g] has quit [Disconnected by services] 18:39 -!- Dr-G2 [~Dr-G@xd9bf727a.dyn.telefonica.de] has joined #bitcoin-wizards 18:39 -!- blackwraith [~priidu@unaffiliated/priidu] has quit [Ping timeout: 244 seconds] 18:44 -!- snthsnth [~snthsnth@c-98-207-208-241.hsd1.ca.comcast.net] has quit [Ping timeout: 256 seconds] 18:54 -!- bedeho [~bedeho@50-202-37-133-static.hfc.comcastbusiness.net] has quit [Remote host closed the connection] 18:54 -!- sausage_factory [~priidu@unaffiliated/priidu] has quit [Ping timeout: 244 seconds] 19:06 -!- snthsnth [~snthsnth@c-98-207-208-241.hsd1.ca.comcast.net] has joined #bitcoin-wizards 19:06 < smooth> gmaxwell: is there a way to do this that doesn't impose an inherent cost in timeliness 19:14 -!- p15_ [~p15@123.118.84.4] has joined #bitcoin-wizards 19:15 -!- p15 [~p15@114.244.157.178] has quit [Ping timeout: 244 seconds] 19:15 -!- p15x [~p15x@114.244.157.178] has quit [Ping timeout: 244 seconds] 19:15 -!- c0rw1n is now known as c0rw|zZz 19:16 -!- p15x [~p15x@64.145.91.74] has joined #bitcoin-wizards 19:23 -!- King_Rex [~King_Rex@106.sub-70-193-66.myvzw.com] has quit [Remote host closed the connection] 19:24 -!- King_Rex [~King_Rex@2600:1005:b11f:449d:a512:dded:aa45:5ab9] has joined #bitcoin-wizards 19:24 -!- kmels [~kmels@184.62.151.186.static.intelnet.net.gt] has joined #bitcoin-wizards 19:26 -!- copumpkin [~copumpkin@unaffiliated/copumpkin] has joined #bitcoin-wizards 19:28 -!- King_Rex [~King_Rex@2600:1005:b11f:449d:a512:dded:aa45:5ab9] has quit [Remote host closed the connection] 19:44 -!- Rococo [a63e9d07@gateway/web/freenode/ip.166.62.157.7] has joined #bitcoin-wizards 19:55 -!- p15x_ [~p15x@64.145.91.119] has joined #bitcoin-wizards 19:55 -!- p15 [~p15@61.149.244.227] has joined #bitcoin-wizards 19:55 -!- p15_ [~p15@123.118.84.4] has quit [Ping timeout: 244 seconds] 19:56 -!- p15x [~p15x@64.145.91.74] has quit [Ping timeout: 265 seconds] 20:02 -!- tripleslash [~triplesla@unaffiliated/imsaguy] has quit [Ping timeout: 256 seconds] 20:03 -!- wiz [~sid1@tor-exit.echelon.nsa.network] has joined #bitcoin-wizards 20:03 -!- sundance [~sid16@tor-exit.echelon.nsa.network] has joined #bitcoin-wizards 20:03 -!- leakypat [~sid9@tor-exit.echelon.nsa.network] has joined #bitcoin-wizards 20:03 -!- kinoshitajona [~sid28@tor-exit.echelon.nsa.network] has joined #bitcoin-wizards 20:04 -!- tripleslash [~triplesla@unaffiliated/imsaguy] has joined #bitcoin-wizards 20:08 -!- btcdrak [uid52049@gateway/web/irccloud.com/x-enejspitnzxcckou] has quit [Quit: Connection closed for inactivity] 20:09 -!- Giszmo [~leo@pc-185-201-214-201.cm.vtr.net] has quit [Quit: Leaving.] 20:12 -!- NewLiberty [~NewLibert@76-255-129-88.lightspeed.irvnca.sbcglobal.net] has quit [Ping timeout: 240 seconds] 20:15 -!- copumpkin [~copumpkin@unaffiliated/copumpkin] has quit [Quit: My MacBook Pro has gone to sleep. 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