2014-11-17.log

--- Log opened Mon Nov 17 00:00:53 2014
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kouradasi made A this dogeraiser and they scammed me. if you can help there is a hefty sum to be made check this post also http://www.reddit.com/r/dogecoin/comments/2mkfvd/dogeraiser_repost/ 6 MILLION DOGECOIN08:14
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lechuga_is a freimarkets impl the sidechains grail?11:00
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manakaare there simpler alternatives for two way pegging than sidechains?11:36
manakalike let's say a blockchain less alternative11:37
Luke-Jrmanaka: potentially, if the pegs are SNARKs11:37
manakaaren't snarks unfeasible for now?11:37
Luke-Jrprobably, just saying11:38
Luke-Jr(depending on what you mean by 'unfeasible'…)11:38
lechuga_wonder y i never saw the freimarkets paper until the funding announcement11:38
Luke-Jrfunding announcement?11:39
manakawhat about open transactions extending a 2 peg system?11:39
lechuga_the blockstream blog post11:39
Luke-JrFreimarkets is AFAIK part of BlockStream's umbrella - not sure why there'd be external funding O.o11:39
lechuga_http://blockstream.com/2014/11/17/blockstream-closes-21m-seed-round/11:39
manakawhat are those venture capitaliss getting in return?11:39
lechuga_sorry, didnt mean to imply separate funding11:39
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Luke-Jrah, got it11:42
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AdrianGdoes blockstream have a revenue model? how they are raising 21M ?13:17
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phantomcircuitAdrianG, i believe it's13:19
phantomcircuitbuild cool things13:19
phantomcircuit???13:19
phantomcircuitprofit13:19
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Luke-Jrphantomcircuit: lol, pretty much13:23
Luke-JrAdrianG: they're basically trusting us to come up with something I guess13:24
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AdrianGlol phantomcircuit13:29
AdrianGI am guessing it was 21M cos there are 21M bitcoins.13:29
AdrianG1 dollar = 1 btc.13:29
Luke-Jr:D13:31
AdrianGLuke-Jr: "us", you mean you are on blockstream team also? I didnt know13:31
Luke-JrAdrianG: yeah13:32
AdrianGinteresting.13:33
Luke-JrAdrianG: I'm mainly focussed on mining decentralisation - now I can dedicate more time to getting things rolled out13:35
AdrianGLuke-Jr: thats your part of blocksteam work?13:38
Luke-Jrright13:39
AdrianGnice13:39
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go1111111are folks here familiar with Vitalik's "exponential subjective scoring" idea, where nodes don't just accept the longest fork, but use a rule where if they see a new fork that starts N nodes back, they penalize it by a factor of something like 0.6^N? I have a feeling this doesn't improve security for game theory reasons -- nodes can freely pick which subjective outlook they want to have. has this been formally analyzed?13:57
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Luke-Jrwell, it obviously makes it difficult (impossible?) for a new node to come to the same conclusions as existing nodes14:04
heloso, a node walks into a room. it sees one chain of length ... yeah what luke said14:04
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heloi could make a billion-block chain of very low difficulty, and it would be chosen over the real 330K chain14:06
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tromp_choosing between 2 forks should not depend on which you saw first...14:08
go1111111yeah, makes sense.14:08
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AdrianG vitalik has wild ideas.14:27
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heathpetertodd: typo on the readme14:53
heathhm, i thought i would be less annoying and create a PR for this, but now i don't recall where i saw it :)14:54
heathmaybe should have performed the annoying action14:54
heathit's in the readme of python-bitcoinlib, but i guess it isn't a big deal given i can't find it now14:56
petertoddheath: hahahahaha, I think you won the game for least useful bug report :)15:03
petertoddheath: though granted, you could have left out the "on the readme" to make it even less useful...15:04
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maakupetertodd: I'm pretty sure I saw a typo in one of your posts on reddit.15:05
maakucan't remember where it was, sorry.15:05
btcdraklol15:05
maakubut you should fix that15:05
petertoddmaaku: I was about to respond with a joke involving a binary search... but I can't see how to get reddit to tell you how many posts you've made...15:06
kanzuresimple, place a bounty on it15:07
petertoddkanzure: ok, for each type you find, log2(n)*1uBTC15:07
petertodd(I'm not very confident...)15:08
kanzureheath: "libary"15:08
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kanzurepetertodd: https://github.com/petertodd/python-bitcoinlib/commit/f765ce68ac3d424dd7d3ea8c0c7df40722ca7b9c#diff-c47c7c7383225ab55ff591cb59c41e6bR2215:09
petertoddkanzure: done, https://github.com/petertodd/python-bitcoinlib/commit/336dce5b870052ff47058c2cbd16f7b63505f98715:11
petertoddkanzure: now just find one more and you'll get your first micro-bitcoin reward!15:12
kanzurewhat's really funny is that i'm actually paying heath15:12
kanzureand i'm paying him more than one micro-bitcoin15:12
petertoddlol15:12
btcdrakthis channel needs a tipbox15:12
btcdrak*t15:12
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petertoddbtcdrak: ...implemented by paying each other in coinbase txout probabalistic payments15:13
btcdrak.-.15:14
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heathkanzure: ah, there it is15:35
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heathreally, there are rewards with typos?15:38
heathkanzure: i'm pretty sure i can find more15:38
heaths/kanzure/petertodd15:38
heathi can get you 3 - 4 typo corrections tonight if you want them15:39
heathi like that "typo" is misspelled in the commit :)15:42
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phantomcircuitpetertodd, what's the proofmarshall stuff?15:59
phantomcircuit-l15:59
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phantomcircuitpetertodd, also, why bother with the key/value seems like the key alone would be sufficient16:03
phantomcircuitwait no16:03
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phantomcircuitkey/value is useful16:03
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