--- Log opened Thu May 05 00:00:06 2016
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00:59 < smooth> da2ce7_mobile: similar concepts discussed here: https://bitcointalk.org/index.php?topic=312668.0
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06:30 < bsm117532> da2ce7_mobile: The orphan problem is a design problem: it's an unnecessary race condition that can be removed by not allowing miners to write their own coinbase, but to write their rewards "lazily" -- in the future after everyone can see all possible orphans. CS design problems and race conditions should not be solved by economic incentives.
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07:53 < shesek> if anyone is interested in keeping a local copy of Craig's deleted posts (via archive.is), you can use this command to grab everything: curl http://archive.is/http://www.drcraigwright.net/* | egrep -o 'http://archive.is/\w+"> (including the original images, with no compression, some has EXIF metadata)
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22:24 < Taek> > Although, I think striving for faster block times is a VERY important goal.
22:24 < Taek> I don't, because you can't get security in reasonably short periods, even with low latency solutions like braids
22:25 < Taek> fact is, the network of the Earth has a slow clock rate, and there's no way you can beat that in terms of knowing that something is going to be finalized on the chain
22:25 < Taek> the blockchain really should be used as settlement, and as such it's not a concern to me if settling takes greater than 10 minutes, or even as long as like 12 hours
22:26 < Taek> because, for most applications, you can apply payment channels and other voodoo (e.g. lightning) to get maximally secure transfers in milliseconds
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--- Log closed Fri May 06 00:00:07 2016