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quit [Ping timeout: 268 seconds] 11:49 -!- deusexbeer [~deusexbee@093-092-181-146-dynamic-pool-adsl.wbt.ru] has joined #bitcoin-wizards 11:52 -!- _Sam-- [greybits@gateway/vpn/privateinternetaccess/sam--/x-37783179] has quit [Ping timeout: 245 seconds] 11:53 -!- vtnerd [~Lee@173-23-103-30.client.mchsi.com] has quit [Ping timeout: 246 seconds] 11:54 -!- douglas__ [douglas@nat/redhat/x-mzpcjyugpqwprfhi] has joined #bitcoin-wizards 11:57 -!- douglas_ [douglas@nat/redhat/x-vibrypjiilrifvlw] has quit [Ping timeout: 268 seconds] 11:58 -!- douglas_ [douglas@nat/redhat/x-hdpphnblgysfiugy] has joined #bitcoin-wizards 11:58 -!- vtnerd [~Lee@173-23-103-30.client.mchsi.com] has joined #bitcoin-wizards 11:58 -!- bitconner [~conner@136.24.75.121] has joined #bitcoin-wizards 12:01 -!- douglas__ [douglas@nat/redhat/x-mzpcjyugpqwprfhi] has quit [Ping timeout: 244 seconds] 12:01 -!- enemaban1it [~enemaband@16.77.54.77.rev.vodafone.pt] has joined #bitcoin-wizards 12:24 -!- douglas__ [douglas@nat/redhat/x-vyupjmbtpdvlxfmj] has joined #bitcoin-wizards 12:27 -!- douglas_ [douglas@nat/redhat/x-hdpphnblgysfiugy] has quit [Ping timeout: 252 seconds] 12:30 -!- Zenton [~user@unaffiliated/vicenteh] has quit [Read error: Connection reset by peer] 12:30 -!- Zenton [~user@unaffiliated/vicenteh] has joined #bitcoin-wizards 12:34 -!- douglas_ [douglas@nat/redhat/x-biiskrjpfxmaofwp] has joined #bitcoin-wizards 12:34 -!- mechanikalk [2ea5f6ad@gateway/web/freenode/ip.46.165.246.173] has joined #bitcoin-wizards 12:34 < mechanikalk> hello 12:35 < mechanikalk> I have an idea on how to scale PoW blockchains and I thought that today might be an auspicious day to present it 12:35 < mechanikalk> please find a paper outlining BlockReduce https://s3-us-west-2.amazonaws.com/gridplus/BlockReduce+(7).pdf 12:35 < mechanikalk> any comments or questions are greatly appreciated 12:36 -!- douglas__ [douglas@nat/redhat/x-vyupjmbtpdvlxfmj] has quit [Ping timeout: 244 seconds] 12:36 < mechanikalk> The TL;DR is BlockReduce presents a new blockchain topology that offers 3+ orders of magnitude improvement in transaction throughput while avoiding the introduction of hierarchical power structures and centralization. This is accomplished through a modification to the block reward incentive to not only reward work, but to also reward optimization of network constraints and efficient propagation of transactions. This is 12:37 < mechanikalk> managed hierarchy of tightly-coupled, merge-mined blockchains. 12:44 -!- laurentmt [~Thunderbi@77.247.178.186] has joined #bitcoin-wizards 12:56 -!- rh0nj [~rh0nj@136.243.139.96] has quit [Remote host closed the connection] 12:59 -!- rh0nj [~rh0nj@136.243.139.96] has joined #bitcoin-wizards 13:13 < kanzure> page 9 reference 1 is broken 13:15 -!- mechanikalk [2ea5f6ad@gateway/web/freenode/ip.46.165.246.173] has quit [Ping timeout: 256 seconds] 13:17 -!- douglas__ [douglas@nat/redhat/x-fawysvjmiwjblcas] has joined #bitcoin-wizards 13:18 -!- mechanikalk [2ea5f6ad@gateway/web/freenode/ip.46.165.246.173] has joined #bitcoin-wizards 13:18 < mechanikalk> kanzure, thanks for the heads up, fixing 13:18 -!- douglas_ [douglas@nat/redhat/x-biiskrjpfxmaofwp] has quit [Remote host closed the connection] 13:19 -!- douglas_ [douglas@nat/redhat/x-umdorbcnfqngptyt] has joined #bitcoin-wizards 13:20 < mechanikalk> kanzure would love any feedback on the paper 13:20 -!- 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