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| hearn | good afternoon wizards | 05:37 |
|---|---|---|
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| gmaxwell | How Bitcoin users treat Bitcoin developers, episode 37: "when you let devs control anything beyond where to put the commas and braces in the code it is almost never successful by any rational metric" | 09:21 |
| intsagibbs | we were discussing payment channel implementations a bit back, here's a hub-spoke model that I didn't see discussed: http://lightning.network/lightning-network.pdf | 09:21 |
| fluffypony | off topic, but...http://www.nytimes.com/2015/02/27/arts/television/leonard-nimoy-spock-of-star-trek-dies-at-83.html | 09:25 |
| gmaxwell | oh thats sad. Indeed, OT but thanks. | 09:26 |
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| justanotheruser | That's fine, he can just use 0.1 or even fork it to make the spacing prettier | 09:34 |
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| fluffypony | lol gmaxwell - my favourite are the users that complain about something: "devs are useless, they haven't fixed X in 6 months!" and then when you prioritise it after much complaining you get the other lot going: "this is not important, devs are wasting their time on this when they should be doing Y" | 09:37 |
| intsagibbs | gmaxwell: the CEO of Bitcoin wants to talk to you about your job performance | 09:38 |
| fluffypony | and, of course, the loudest of them all haven't donated a cent or contributed a single line of anything | 09:38 |
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| sipa | intsagibbs: didn't Bitcoin file for bankruptancy? | 09:39 |
| nef0 | No, I've heard Google is buying them | 09:40 |
| fluffypony | nef0: after the mess they left in Japan I don't know if Google is still interested | 09:42 |
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| gmaxwell | moa: ah, seems they renamed it from semaphor to lightning network, http://lightning.network/lightning-network.pdf | 10:04 |
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| gmaxwell | this is the slids for a fancy optimizable micropayment hub approach. (I'm not sure when the paper on it will be available) | 10:05 |
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| intsagibbs | Says tonight on the webpage | 10:09 |
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| zooko | Whoa you can buy "foo.network"? brb | 10:09 |
| intsagibbs | social.network(!!!) | 10:11 |
| intsagibbs | I'm assuming this hub/spoke has the same capital requirements as other approaches. | 10:12 |
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| dgenr8 | it's so very optimistic to set the scalability requirements at ALL_HUMAN_TRANSACTIONS. as if being able to buy a lego kit meant instant global domination | 10:31 |
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| intsagibbs | napkin-math is necessary for the debate about what Bitcoin could/should be | 10:36 |
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| intsagibbs | the 7B person goal is just saying you could literally let everyone interact directly with the blockchain. Slides show that's still impossible of course. | 10:40 |
| dgenr8 | ah, well this lightning proposal is not about what bitcoin should be. it's about creating some new complicated thing that involves bitcoin on the back end | 10:40 |
| intsagibbs | interact in a meaningful way* | 10:41 |
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| maaku | dgenr8: "bitcoin on the back end" basically describe the future of bitcoin | 13:35 |
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| sipa | maaku: maybe :) | 13:46 |
| sipa | (not saying that i disagree, but we don't know the future) | 13:47 |
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| nsh | (O/T: 'Abstract—We present an effective implementation of the PRIME+PROBE side-channel attack against the last-level cache. We measure the capacity of the covert channel the attack creates and demonstrate a cross-core, cross-VM attack on multiple versions of GnuPG. Our technique achieves a high attack resolution without relying on weaknesses in the OS or hypervisor or on sharing memory between attacker and victim.' | 13:53 |
| nsh | -- http://webcache.googleusercontent.com/search?q=cache:XIEoJCdSMngJ:www.nicta.com.au/pub%3Fpslides%3D8432+&cd=3&hl=en&ct=clnk&gl=uk&client=ubuntu ) | 13:53 |
| nsh | (update libgcrypt) | 13:53 |
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| Eliel | dgenr8: that lightning proposal reminded me of ripple (the original routing idea, not so much any particular implementation) due to the way it suggests to move money. | 17:47 |
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| Eliel | although, unlike ripple, it appears to require less trust in the people doing the routing. | 17:48 |
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| nsh | Eliel, anything online about this? | 18:11 |
| Eliel | nsh: you mean the original ripple idea? | 18:12 |
| nsh | no, this lightning proposal you're talking about | 18:12 |
| Eliel | http://lightning.network/lightning-network.pdf | 18:12 |
| nsh | ty | 18:13 |
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| gmaxwell | Eliel: no need to streach to try to find things to compare it to; it's a micropayment hub network; just improved. | 18:19 |
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| dgenr8 | the instant-ness in these cosigned coin ideas comes from trust in the cosigner, just like trusting Visa (or the govt, in the case of cash). That, and having pre-paid the "instant" transaction. | 18:59 |
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| Luke-Jr | dgenr8: the topic is not a mere cosigned coin idea | 19:00 |
| Luke-Jr | dgenr8: specifically, the cosigner can't screw you over | 19:03 |
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| Iriez | Causing quite a lot of drama Luke-Jr. | 19:33 |
| Iriez | For the safety of children and all things holy, please stop. | 19:33 |
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| kanzure | wrong channel | 19:34 |
| Luke-Jr | (also, you have the wrong person) | 19:36 |
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| --- Log closed Sat Feb 28 00:00:07 2015 | ||
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