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03:01 < adlai> roasbeef: i think your confusion re:coinswap stems from the fact that the original is a 3-party proposal
03:02 < adlai> alice performs coinswap with an intermediary, causing the appearance of a payment at the target address with coins that are not linked back to alice
03:02 < adlai> "appearance of payment" is bad wording, i mean causing the payment to happen. (not appearance-as-in-illusion, but as-in-occurrence)
03:05 < adlai> the intermediary can collude with the receiver to expose alice, so imo the leakage flow is clearer when it's reformulated as a two-party protocol: https://gist.github.com/adlai/976d308efdb2e886ecb9
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06:36 < wasi> http://mimblewimble.cash/ is now online.. with the idea to keep track of MW development. let me know if you think there is something missing or wrong.
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07:27 < kanzure> "On the instability of Bitcoin without the block reward" http://randomwalker.info/publications/mining_CCS.pdf
07:27 < kanzure> https://freedom-to-tinker.com/2016/10/21/bitcoin-is-unstable-without-the-block-reward/
07:27 < kanzure> ( https://www.reddit.com/r/Bitcoin/comments/58n1uv/arvind_narayanan_bitcoin_is_unstable_without_the/ )
07:28 < tromp> I emailed the grin (minimal MW impl) author about his/her improper use of Cuckoo Cycle
07:29 < bsm117532> Oooh!  I've been thinking that for some time kanzure...
07:30 < kanzure> tromp: there were some questions in the backlog left for you http://gnusha.org/bitcoin-wizards/2016-10-20.log see near 17:30
07:30 < bsm117532> Hey look...2nd time the Lambert W function raises its head...
07:30 < tromp> thx, kanzure. will browse
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07:33 < bsm117532> If the block reward were directly the hashcash (instead of convolving it through the time-based reward function) it makes merging of blocks simple.  The reward function means you have to "fix up" the reward for delayed blocks.
07:33 < bsm117532> e.g. let the unit of account be directly the difficulty = 1/target.
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--- Log closed Sat Oct 22 00:00:28 2016