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06:30 < kanzure> .title https://www.youtube.com/watch?v=FU-rA5dkTHI
06:30 < yoleaux> Tadge Dryja: Discreet Log Contracts - YouTube
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08:02 < bsm117532> Interesting discussion of time-lock encryption https://www.gwern.net/Self-decrypting%20files
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08:23 < bsm117532> Combinatorial Clock-Proxy Auctions: http://www.eecs.harvard.edu/~cat/papers/cccp.pdf
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08:30 < kanzure> win 3
08:30 < kanzure> ejrejqr0932194u1094f0adjfasd9
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08:45 < bsm117532> kanzure: ??
08:47 < bsm117532> I have been thinking about an algorithm to distribute mining hardware, built into a coin.  Use legal structures to ensure that lithography masks are owned by a consortium, and production runs are auctioned off on-chain using some kind of zero-knowledge auction.
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08:53 < mryandao> bsm117532: how'd that be sybil resistant?
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08:56 < bsm117532> mryandao: By legal contract. Bidders must be self-identified, and if any party was found to be bidding with two identities, you take them to court.
08:56 < bsm117532> s/you/the consortium/
08:58 < mryandao> ah i see, that's what you meant by legal structures. Wouldn't the legal contract itself be a significant barrier of entry to the laymen then?
08:58 < bsm117532> Not necessarily.  I don't see a reason any layman couldn't register an identity and bid.
08:59 < bsm117532> But keep in mind there are several phases in mining hardware production, and possibly several rounds of auctions.  First is the output from the fabs.  Second is assembly into e.g. PCIe cards.  Those phases probably wouldn't involve layment.
08:59 < bsm117532> *laymen
09:00 < bsm117532> But the final product sales could also proceed through auction to laymen in the same manner.
09:01 < bsm117532> Next you need a coin that dis-incentivizes creation of pools...but I leave that for later.  Right now I'm just thinking about whether such an auction is cryptographically possible.
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09:08 < kanzure> http://diyhpl.us/wiki/transcripts/discreet-log-contracts/
09:11 < mryandao> many thanks for ^
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23:37 < wallet42> what would be a theoretical size/weight of a 2 ins 2 outs transaction that uses a hypothetical v1_segwit schnorr signature scheme? inputs spend/outputs created are both schnorr scripts
23:43 < aj> wallet42: probably a few bytes smaller than a v0_segwit tx (due to using a custom encoding rather than DER) ? i don't think an encoding has been proposed yet though
23:44 < wallet42> well i read something like schnorr can do public key recovery?
23:44 < wallet42> so you d need only 1 element on the witness data stack (the actual signature)
23:44 -!- rusty [~rusty@pdpc/supporter/bronze/rusty] has quit [Ping timeout: 240 seconds]
23:44 < wallet42> and the public key hash on the output side
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23:45 < aj> wallet42: can't you do that with ecdsa too?
23:45 < wallet42> well checksigverify doesn't do it
23:45 < aj> wallet42: yeah, it's slow i think.
23:46 < wallet42> but saving another 33-35 bytes is huge imo
23:46 < aj> wallet42: signature aggregation changes things though; i think you'd have a single 80-byte sig for the block, and just the 32-bytes for each txin pubkey
23:46 < wallet42> :-O
23:46 < aj> wallet42: (with sigagg you need the pubkeys as i understand it)
23:47 < wallet42> in that case im happy to do that trade :)
23:48 < aj> hmm, signature aggregation means you can't do a small SPV proof of bad signatures?
23:50 < wallet42> merkle tree hash of unagregated sigs?
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23:54 < aj> ah, hmm, apparently current proposals only merge sigs within a transaction, not a block (and encourage coinjoin-like usage for users to merge transactions themselves)
23:55 < wallet42> where to read more?
23:55 < aj> so i think that would make the 2-of-2 drop an 80 byte sig, but keep the two 32 byte pubkeys and one of the 80 byte sigs (plus a byte or two of accounting)
23:55 < aj> https://bitcoincore.org/en/2017/03/23/schnorr-signature-aggregation/
23:55 < aj> https://bitcointalk.org/index.php?topic=1377298.0
23:55 < wallet42> (y)
--- Log closed Tue Aug 29 00:00:03 2017