--- Log opened Tue Jul 09 00:00:05 2019 00:06 -!- tromp [~tromp@2a02:a210:1585:3200:5d48:f182:bee1:ffff] has quit [Remote host closed the connection] 00:10 -!- tromp [~tromp@2a02:a210:1585:3200:b127:6426:f297:26a8] has joined #bitcoin-wizards 00:15 -!- tromp [~tromp@2a02:a210:1585:3200:b127:6426:f297:26a8] has quit [Ping timeout: 252 seconds] 00:15 -!- AaronvanW [~AaronvanW@unaffiliated/aaronvanw] has joined #bitcoin-wizards 00:17 -!- jungly [~quassel@host97-200-static.8-79-b.business.telecomitalia.it] has joined #bitcoin-wizards 00:17 -!- PdeClown [~sapperdef@arjansl.tea.bg] has joined #bitcoin-wizards 00:17 -!- PdeClown [~sapperdef@arjansl.tea.bg] has quit [Changing host] 00:17 -!- PdeClown [~sapperdef@unaffiliated/pdeclown] has joined #bitcoin-wizards 00:18 -!- t-bast [~t-bast@ec2-35-180-216-238.eu-west-3.compute.amazonaws.com] has joined #bitcoin-wizards 00:18 -!- PdeClown [~sapperdef@unaffiliated/pdeclown] has quit [Remote host closed the connection] 00:20 -!- tromp [~tromp@2a02:a210:1585:3200:b0b1:f086:a571:31e3] has joined #bitcoin-wizards 00:20 -!- ccdle12 [~ccdle12@cpc139350-aztw33-2-0-cust310.18-1.cable.virginm.net] has joined #bitcoin-wizards 00:24 -!- tromp [~tromp@2a02:a210:1585:3200:b0b1:f086:a571:31e3] has quit [Ping timeout: 252 seconds] 00:26 -!- tromp [~tromp@2a02:a210:1585:3200:8d8e:3b22:24e6:12f6] has joined #bitcoin-wizards 00:28 -!- t-bast [~t-bast@ec2-35-180-216-238.eu-west-3.compute.amazonaws.com] has quit [Quit: Leaving] 00:31 -!- tromp [~tromp@2a02:a210:1585:3200:8d8e:3b22:24e6:12f6] has quit [Ping timeout: 252 seconds] 00:32 -!- tromp [~tromp@2a02:a210:1585:3200:9575:89a6:3f66:6a7] has joined #bitcoin-wizards 00:33 -!- tromp_ [~tromp@2a02:a210:1585:3200:c868:9286:5204:a74d] has joined #bitcoin-wizards 00:35 -!- tromp__ [~tromp@2a02:a210:1585:3200:484d:d839:5fd3:79a6] has joined #bitcoin-wizards 00:36 -!- tromp__ [~tromp@2a02:a210:1585:3200:484d:d839:5fd3:79a6] has quit [Remote host closed the connection] 00:36 -!- tromp__ [~tromp@2a02:a210:1585:3200:484d:d839:5fd3:79a6] has joined #bitcoin-wizards 00:37 -!- tromp [~tromp@2a02:a210:1585:3200:9575:89a6:3f66:6a7] has quit [Ping timeout: 276 seconds] 00:38 -!- tromp_ [~tromp@2a02:a210:1585:3200:c868:9286:5204:a74d] has quit [Ping timeout: 252 seconds] 00:59 -!- queip [~queip@unaffiliated/rezurus] has quit [Ping timeout: 272 seconds] 01:04 -!- setpill [~setpill@unaffiliated/setpill] has joined #bitcoin-wizards 01:06 -!- queip [~queip@unaffiliated/rezurus] has joined #bitcoin-wizards 01:13 -!- AaronvanW [~AaronvanW@unaffiliated/aaronvanw] has quit [Remote host closed the connection] 01:13 -!- AaronvanW [~AaronvanW@unaffiliated/aaronvanw] has joined #bitcoin-wizards 01:47 -!- shesek [~shesek@unaffiliated/shesek] has joined #bitcoin-wizards 01:50 -!- Guyver2 [AdiIRC@guyver2.xs4all.nl] has joined #bitcoin-wizards 01:51 -!- ghost43_ [~daer@gateway/tor-sasl/daer] has joined #bitcoin-wizards 01:51 -!- ghost43 [~daer@gateway/tor-sasl/daer] has quit [Ping timeout: 260 seconds] 02:00 -!- Mark_Cockrell [~Mark_Cock@178.162.204.238] has quit [] 02:00 -!- queip [~queip@unaffiliated/rezurus] has quit [Ping timeout: 245 seconds] 02:05 -!- billstclair1 [~billstcla@104.254.90.243] has joined #bitcoin-wizards 02:08 -!- queip [~queip@unaffiliated/rezurus] has joined #bitcoin-wizards 02:25 -!- darosior [~darosior@107.175.255.247] has joined #bitcoin-wizards 02:38 -!- arubi [~ese168@gateway/tor-sasl/ese168] has quit [Remote host closed the connection] 02:38 -!- arubi [~ese168@gateway/tor-sasl/ese168] has joined #bitcoin-wizards 02:58 -!- rusty [~rusty@pdpc/supporter/bronze/rusty] has joined #bitcoin-wizards 03:08 -!- spinza [~spin@102.132.245.16] has quit [Quit: Coyote finally caught up with me...] 03:15 -!- spinza [~spin@102.132.245.16] has joined #bitcoin-wizards 03:57 -!- Chris_Stewart_5 [~chris@unaffiliated/chris-stewart-5/x-3612383] has joined #bitcoin-wizards 03:58 -!- justanotheruser [justanothe@gateway/vpn/nordvpn/justanotheruser] has quit [Ping timeout: 268 seconds] 04:01 -!- DeanWeen [~dean@gateway/tor-sasl/deanguss] has quit [Remote host closed the connection] 04:02 -!- DeanWeen [~dean@gateway/tor-sasl/deanguss] has joined #bitcoin-wizards 04:16 -!- rusty [~rusty@pdpc/supporter/bronze/rusty] has quit [Quit: Leaving.] 04:34 -!- Jmabsd [~jmabsd@unaffiliated/jmabsd] has joined #bitcoin-wizards 04:34 < Jmabsd> Is what I read online about "merge mining" BS 04:34 < Jmabsd> Mining one PoW chain means, take the block data you want to mine, hash it with different nonces, and keep doing so until a proof comes out. 04:35 < Jmabsd> One hash operation will only regard *one* blockchain, therefore mining two blockchains on one SHA256 miner will mean 50%-50% split of its mining power; three blockchains means 33%-33%-33% split. 04:35 < Jmabsd> Thus there is no gain. 04:35 < Jmabsd> Only if one miner two perform some kind of *synchronization operation* between 2+ chains, such as cross-chain deposit/withdrawals, would merge mining have any use. 04:36 < Jmabsd> Please confirm, google results suggest something totally else. 04:37 < kinlo> Jmabsd: you should lookup how merged mining works 04:37 < Jmabsd> kinlo: describe? 04:42 -!- justanotheruser [~justanoth@unaffiliated/justanotheruser] has joined #bitcoin-wizards 04:42 < Jmabsd> kinlo: provide an example 04:43 < kinlo> https://is.gd/FznDV3 04:48 -!- Chris_Stewart_5 [~chris@unaffiliated/chris-stewart-5/x-3612383] has quit [Ping timeout: 248 seconds] 04:52 -!- afk|dbarrett [~dbarrett@2a03:b0c0:1:d0::7b:1] has joined #bitcoin-wizards 04:56 -!- Netsplit *.net <-> *.split quits: moneyball, stoffu, jamesob, TheoStormCloud, zmanian, cannedprimates_, madflavor, takinbo, runeks, emzy, (+4 more, use /NETSPLIT to show all of them) 04:56 -!- afk|dbarrett is now known as dbarrett 04:56 -!- dbarrett [~dbarrett@2a03:b0c0:1:d0::7b:1] has quit [Changing host] 04:56 -!- dbarrett [~dbarrett@unaffiliated/dbarrett] has joined #bitcoin-wizards 04:59 -!- Belkaar [~Belkaar@unaffiliated/belkaar] has quit [Ping timeout: 248 seconds] 05:00 -!- billstclair1 [~billstcla@104.254.90.243] has quit [] 05:00 -!- Belkaar [~Belkaar@xdsl-78-35-87-219.nc.de] has joined #bitcoin-wizards 05:00 -!- Belkaar [~Belkaar@xdsl-78-35-87-219.nc.de] has quit [Changing host] 05:00 -!- Belkaar [~Belkaar@unaffiliated/belkaar] has joined #bitcoin-wizards 05:01 -!- digi_james [sid281632@gateway/web/irccloud.com/x-qpxlupgtzyxjzgwp] has joined #bitcoin-wizards 05:01 -!- jbenet [sid17552@gateway/web/irccloud.com/x-rbtayzjkdfiljvyn] has joined #bitcoin-wizards 05:01 -!- zmanian [sid113594@gateway/web/irccloud.com/x-fzonntjackfgeynn] has joined #bitcoin-wizards 05:01 -!- Guest50940 [~Hunger@zer0days.com] has joined #bitcoin-wizards 05:01 -!- moneyball [sid299869@gateway/web/irccloud.com/x-iyblqpsknmubaxkl] has joined #bitcoin-wizards 05:01 -!- runeks [sid21167@gateway/web/irccloud.com/x-fksretdfhbhmlqfs] has joined #bitcoin-wizards 05:01 -!- stoffu [sid260213@gateway/web/irccloud.com/x-zwqeezwtumlgonke] has joined #bitcoin-wizards 05:01 -!- madflavor [sid99242@gateway/web/irccloud.com/x-mkziuygkvyvhupby] has joined #bitcoin-wizards 05:01 -!- TheoStormCloud [sid344770@gateway/web/irccloud.com/x-opbaixopzsyoaxxv] has joined #bitcoin-wizards 05:01 -!- takinbo [sid19838@gateway/web/irccloud.com/x-khjxhymesieoomuc] has joined #bitcoin-wizards 05:01 -!- cannedprimates_ [sid16585@gateway/web/irccloud.com/x-opcjekdihbzmbwlu] has joined #bitcoin-wizards 05:01 -!- jamesob [sid180710@gateway/web/irccloud.com/x-fegdhdwyjeczkkxm] has joined #bitcoin-wizards 05:01 -!- emzy [~quassel@unaffiliated/emzy] has joined #bitcoin-wizards 05:04 -!- lliehu1 [~lliehu@104.254.90.243] has joined #bitcoin-wizards 05:05 -!- jonatack72 [d598a123@213.152.161.35] has joined #bitcoin-wizards 05:12 -!- justanotheruser [~justanoth@unaffiliated/justanotheruser] has quit [Ping timeout: 248 seconds] 05:18 -!- jonatack72 [d598a123@213.152.161.35] has quit [Remote host closed the connection] 05:20 -!- Chris_Stewart_5 [~chris@unaffiliated/chris-stewart-5/x-3612383] has joined #bitcoin-wizards 05:29 -!- Chris_Stewart_5 [~chris@unaffiliated/chris-stewart-5/x-3612383] has quit [Ping timeout: 245 seconds] 05:47 -!- DeanWeen [~dean@gateway/tor-sasl/deanguss] has quit [Ping timeout: 260 seconds] 05:57 < Jmabsd> kinlo: already done that. 05:59 < Jmabsd> curious, the Proof of Stake guys, have they gotten to any kind of coherent solution yet? 05:59 < Jmabsd> eg https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ#what-is-the-nothing-at-stake-problem-and-how-can-it-be-fixed 06:00 < Jmabsd> it appears to me that they are presuming altruism from >=67% of participants for their chain to work 06:00 < Jmabsd> in their models, can't you get a total firework reorgs when you come up with some dirty incentive for 68% to sign a new longest work chain :-} suddenly all these new longer branches show up in the blockchain. 06:16 < Jmabsd> "We can solve (1) by making it the user's responsibility to authenticate the latest state out of band. They can do this by asking their friends, block explorers, businesses that they interact with, etc. for a recent block hash in the chain that they see as the canonical one." 06:16 < Jmabsd> https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ#what-is-weak-subjectivity 06:16 < Jmabsd> wow. 06:21 < kinlo> Jmabsd: did you fully understand the principle of merged mining? 06:21 < Jmabsd> kinlo: i presume not. can you examplify? 06:22 < kinlo> you just mine one chain and put a hash in the extranonce so it is valid for the 2nd chain aswell withouth duplicating the hashing work basically... 06:34 -!- Chris_Stewart_5 [~chris@unaffiliated/chris-stewart-5/x-3612383] has joined #bitcoin-wizards 06:40 -!- hugohn [~textual@rrcs-184-74-240-156.nyc.biz.rr.com] has joined #bitcoin-wizards 06:55 -!- hugohn [~textual@rrcs-184-74-240-156.nyc.biz.rr.com] has quit [Quit: My MacBook has gone to sleep. 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