| --- Log opened Fri Feb 06 00:00:01 2015 | ||
| --- Day changed Fri Feb 06 2015 | ||
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| phantomcircuit | kanzure, that entire thing is pretty bad | 00:24 |
|---|---|---|
| phantomcircuit | "miners compare their respective sizes in terms of number of blocks" | 00:25 |
| phantomcircuit | sigh | 00:25 |
| gmaxwell | phantomcircuit: can just be a harmless simplification; they don't mention retargeting. It's not unreasonable to analyize a toy version of the protocol without it. | 00:28 |
| phantomcircuit | i guess | 00:30 |
| phantomcircuit | pg 11 they propose an attacker splits the network to gain an advantage over honest miners | 00:32 |
| phantomcircuit | except that doesn't work | 00:32 |
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| gmaxwell | it's at least not clear to me what they're discussing, e.g. you can produce two blocks at equal height and simultaniously announce to slow the growth of the longest chain, but I was never able to figure out a strategy to make this win assuming the attacker had a minority hashpower and propagation was insignificant. | 00:35 |
| phantomcircuit | gmaxwell, they've got lots of greek letters though so clearly it's interesting | 00:39 |
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| tromp__ | the first author is a former colleague and co-author of mine. | 06:26 |
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| tromp__ | amusing article at http://observer.com/2015/02/the-race-to-replace-bitcoin/ | 06:43 |
| tromp__ | choice quote "But among aficionados, there is wide consensus that the weaknesses in Bitcoin are fatal and unfixable." :) | 06:45 |
| nsh | lol | 06:45 |
| justanotheruser | you can tell its going to be a good article when they use crypto as a short version of cryptocurrency | 06:57 |
| nsh | the observer is theoretically a grown-up publication :/ | 06:58 |
| justanotheruser | Somehow Ripple is supposed to be theft-free? Bitcoins fatal flaw is the MtGox heist after all. | 07:00 |
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| fluffypony | justanotheruser: I can confirm that, having met with the President of Bitcoin and all that | 07:17 |
| * nsh smiles | 07:18 | |
| helo | that article is the worst i can recall ever reading | 07:18 |
| kanzure | "CEO of Ethereum and a crypto expert universally regarded as a straight shooter | 07:19 |
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| kanzure | Read more at http://observer.com/2015/02/the-race-to-replace-bitcoin/#ixzz3QyjSCXdm | 07:19 |
| kanzure | paste spam! well now i can't read this in good conscience. | 07:19 |
| helo | i'd expect an artile like that about satoshi if he was ever identified, but not this guy | 07:19 |
| helo | going deeply into his family history, relationships, personal life, etc | 07:20 |
| fluffypony | lol | 07:23 |
| fluffypony | "crypto expert" | 07:23 |
| fluffypony | that's like this choice quote I came across today: https://bitcointalk.org/index.php?topic=568166.msg10364402#msg10364402 | 07:23 |
| fluffypony | "My opinion wont mean as much as respected German cryptographer Isidor Zeuner" | 07:24 |
| fluffypony | I was like "who?" | 07:24 |
| justanotheruser | helo: Is it really? | 07:25 |
| helo | it is terrible. the author must have a lot of xrp | 07:25 |
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| kanzure | well anyway, it's not -wizard territory :p | 07:26 |
| kanzure | -wizards | 07:27 |
| justanotheruser | I think the problem is that many types of software don't have the same constraints as Bitcoin. You can't just write a few hundred lines of code and remove the mining "problem" or making the blockchain unnecessary | 07:27 |
| kanzure | you can definitely do that if you do not care about mission integrity | 07:28 |
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| fluffypony | oh kanzure, thanks for your DBC python library, stumbled across it today and it made a side project a whole lot easier | 07:31 |
| kanzure | that may not have been me | 07:32 |
| kanzure | oh weird it was | 07:32 |
| fluffypony | lol | 07:34 |
| fluffypony | at least you remember what you wrote! | 07:34 |
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| smooth | the observer is theoretically a grown-up publication <= Gell-Mann amnesia | 13:20 |
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| SubCreative | <3 | 19:00 |
| SubCreative | you wizards | 19:00 |
| azariah | How hard is it, given a msg M to sign and a known pubkey P, brute force a signature, that when one runs EC pubkey recover on will give P? | 19:03 |
| sipa | azariah: as hard as finding the private key for P | 19:03 |
| sipa | actually, square as hard | 19:04 |
| sipa | as you can't use any of the O(sqrt) scaling algorithms | 19:04 |
| azariah | makes sense. cool, thanks! | 19:06 |
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| roconnor | sipa: surely it is no harder than finding the private key for P. | 20:12 |
| roconnor | since finding the private key will solve the problem. | 20:13 |
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| sipa | roconnor: that is not "_brute forcing the signature such that" | 20:29 |
| sipa | roconnor: the algorithms was constrained, not just the problem :) | 20:30 |
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| phantomcircuit | kanzure, i wonder how much jed paid mr craig for that article | 20:36 |
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| kanzure | phantomcircuit: er, does not seem like a favorable article to any of them | 20:44 |
| phantomcircuit | kanzure, 99% of people dont read more than the first sentence | 20:45 |
| phantomcircuit | which is | 20:45 |
| phantomcircuit | "Universally regarded as a ‘genius’ even by his detractors" | 20:45 |
| kanzure | that's just poor reporting. you can't blame journalists, they don't know what's going on. | 20:46 |
| kanzure | why would anyone trust whether a journalist can determine expertise much less genius? | 20:46 |
| justanotheruser | kanzure: because they themselves don't have the bandwidth to determine the validity of all factoids and short news articles they read. | 20:47 |
| kanzure | that's only further supporting proof that they shouldn't think journos are good at that | 20:47 |
| kanzure | anyway this is not wizard territory | 20:48 |
| kanzure | ("i don't have the bandwidth to make good judgements, therefore instead of giving up on making good judgements i should pick the worst possible implementation instead hooray") | 20:49 |
| kanzure | ((nobody seriously thinks that way)) | 20:50 |
| justanotheruser | I'm not saying it's a good idea to trust a journalist, just that people tend to trust the news even when they're idiots because reading the article takes 1/1000th the time it takes to determine the validity of Ripple | 20:51 |
| phantomcircuit | kanzure, lol there's a picture with a bunch of them | 20:51 |
| phantomcircuit | all the white guys are identified by name | 20:51 |
| phantomcircuit | the only black guy is listed as "and some other guy" | 20:52 |
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| --- Log closed Sat Feb 07 00:00:47 2015 | ||
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