--- Log opened Tue Oct 17 00:00:48 2017
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00:41 < adlai> victorSN: i think this is pretty good for here, mathematic is literacy for wizard
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00:43 < adlai> ecurrencyhodler_: i think xG=H is the bounty
00:44 < ecurrencyhodler_> Ok
00:44 < adlai> the fact that H=H(G) is an artifact of how the system was bootstrapped, the bounty is there as an indicator of last resort before it all burns down
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00:45 < ecurrencyhodler_> Is G as the cyclic generator referring to a btc pubkey then?
00:45 < adlai> G might be the pubkey to some btc, but if you know the privkey, all my coins are belong to... nobody anymore, it's all worthless
00:46 < adlai> hm. actually i may have assumed a base case for some infinite recursion there.
00:46  * adlai goes back to studying the simpler things
00:46 < ecurrencyhodler_> Thanks for popping in
00:48 < sipa> ecurrencyhodler_: G is the secp256k1 generator
00:49 < sipa> it is the public key corresponding to private key 1, by definition
01:02 < ecurrencyhodler_> Ah ic
01:03 < ecurrencyhodler_> Thnx sipa I think I need to read up on elliptical curve groups and then revisit this topic.
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06:43 < victorSN> haha adlai and cryptography is the magic
06:43 < victorSN> ecurrencyhodler_: I recommend this intro: http://andrea.corbellini.name/2015/05/17/elliptic-curve-cryptography-a-gentle-introduction/
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08:00 < ecurrencyhodler_> Perfect!
08:07 < victorSN> I wonder if as many people will actively use cryptography in 2040, when compared to the amount of people making websites nowadays
08:08 < victorSN> Maybe its more compared to the amount of current server admins
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09:58 < ecurrencyhodler_> What makes you think there’ll be less use of cryptography?   I see the internet sticking around for still quite a while.
09:58 < nsh> (off-topic, elsewhere please :)
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10:04 < victorSN> 💯
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17:07 < cdb> im curious if there's an opinion on the lack of a universally recognized, physically provable form of cryptocurrency (akin to a paper fiat-denominated unit) and if that presents a problem for adoption for less tech savvy users. obviously paper wallets don't carry the same cachet as $100 when dealing with the modern consumer (same gold), but similarly you can view an address to determine its current holdings, yet this wouldn't
17:07 < cdb>  be as immediately recognizable a form of ownership. how much should we worry about the absence of that sort of material symbolism when it's such a dominant factor currently.
17:08 < kanzure> wrong channel
17:08 < cdb> which then
17:08 < kanzure> #bitcoin
17:08 < cdb> alright, thanks
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