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07:33 < Varunram> On profitability of Trailing Mining: https://arxiv.org/pdf/1811.09322.pdf
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10:10 < arubi> DAE sighash_noinput?  one of the nice things (imo) that you could do with it is create a scriptpubkey like '<signature>[noinput] <pubkey> checksig' that acts like a covenant.  signatures themselves are also pretty cool, and it appears that if you have two messages that you'd like to sign, then you can choose a nonce and private key in such a way that a single singature will validate both messages for the same pubkey.
10:10 < arubi> if we choose the pubkey\sig by doing this trick, then we can have a covenant with an embedded, hidden if\else clause, and there's a dubious "feature" too, revealing one if\else "branch" (e.g. spending the covenant) is fine, but by revealing both messages discloses the private key!  (arguably - this doesn't change the security of the covenant itself)
10:10 < arubi> toying with this, I wrote a short post on how to use this for something like a coinswap (one party uses this covenant, second party uses a normal 2of2 multisig) https://gist.github.com/fivepiece/1371ac9ca32d70c59ef47cbee6eed4ec  ,  would be interested if anybody else has other novel ideas for noinput
10:11 < sipa> arubi: that needs a self-signed signature?
10:11 < arubi> nope
10:12 < arubi> if anything, neither the pubkey or the sig are signed.  we just let the script execute
10:12 < sipa> how will the sPK '<signature>[noinput] <pubkey> checksig' succeed then?
10:13 < arubi> it will succeed if the correct spend is tried.  only two spends are valid
10:13 < arubi> I mean, only two possible messages validate under this sig and pubkey
10:13 < arubi> you choose the messages before choosing nonce and deriving the privkey to match for the two messages
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10:14 < sipa> oh because with noinput you don't sign the sPK itself; of course
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10:14 < arubi> yep
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13:58 < andytoshi> RubenSomsen: not sign-to-contract, you can't encrypt data that way
13:58 < andytoshi> you can use the "rewinding" technique from the old-school rangeproofs where you generate all your randomness deterministically then xor extra data into that
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18:06 < RubenSomsen> andytoshi: Ah okay, same trick as pre-bulletproofs CT. I thought it was something else.
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--- Log closed Tue Nov 27 00:00:35 2018