2015-05-03.log

--- Log opened Sun May 03 00:00:47 2015
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nshamiller, how does this transformation add security to the snark by encrypting secrets against a public key for which the corresponding private key is destroyed during trusted setup?04:50
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Elielhmmh... the setup phase sounds like it might benefit from the multiparty signature algorithm that allows different parties to produce a signature without revealing their private keys to each other.05:24
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nshis there any good particular system / context in which to learn about conflict-free replicated data types?06:00
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nsha blockchain (sidechain) can be used to bootstrap a distributed system of authenticated conflict-free replicated data types, as coin independent-spendabilitiy and fungibility gives commutativity to operations bound to unspent transaction outputs, and idempotence is assured by double-spend resistance06:21
nshso mining must effect a semilattice join on the monotonically-increasing global blockchain partial-order state of transactions06:23
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nshactually, it would seem bitcoin exists as a continuous operation-based CRDT for SPV-nodes and above,  scaffolded by a periodic [blocktime] state-based CRDT replicated by full nodes and above and updated by miners semilatice-joining a view of the gossip network (operation-based CRDT)  at a poisson period in statistical proportion to their hashpower contribution06:31
nshwhere the hashpower contribution itself maintains the partial-ordering of the blockchain state06:31
nshsorry, maintains the monotonicity, and thus partial-ordering of the blockchain state06:32
nsh(i guess strictly it's monotonically increasing because the merkel tree depth increases, which is not directly related to hashing difficulty)06:33
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nsh*merkle06:33
nshit would be interesting to compare the blockchain disk representation to the lower-bounds for state-based CRDT complexity06:36
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Adlaiis bitcoin's blockchain a merkle tree, or just a list?06:43
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* Adlai isn't sure in which situations you'd only consider the longest chain, as opposed to all computed blocks, losing forks included06:44
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nshit's the 'longest' chain only06:47
nshbut long is defined in terms of sum of work06:47
nsha chain with fewer blocks but at higher total difficulty is thus longer than a chain of more blocks at lower difficulty06:48
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Adlaianybody can suggest updates to the CRDT, but *somebody* must pay a computational cost (ie, the PoW) to generate a valid update message; the computational cost is compensated with the freedom to adjust the database in your favor, within a limit that you believe other nodes will find tolerable06:55
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* nsh nods07:00
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ElielAdlai: the blockchain is a list of merkle trees.13:42
Elielevery block has one13:42
Adlai*merkle list of merkle trees13:42
Elielno, just a linked list of merkle trees.13:43
Adlaiit's not a regular linked list, it uses partial preimage collision hashpointers13:43
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lunywould there be any use for an alt coin that would reward people for running full bitcoin nodes by paying them in that alt coin? i.e. "help bitcoin by running full nodes, and get paid in alt coin"14:07
frankenmintwhy must it be an alt-coin to pay them14:07
frankenmint?14:07
lunydunno, who would reward the bitcoin nodes in bitcoin?14:08
sipathere is no reason to pay people to run a bitcoin node14:08
sipapeople should *use* a node14:09
Adlailuny: some people have already tried, and realized that "reward bitcoin nodes in bitcoin" is vulnerable to sybil attack in a way that "obtain bitcoin coinsensus" isn't14:09
sipapreferably a full node they control themselves14:09
sipawell, full nodes help the network a bit... lightweight clients and bootstrapping other nodes14:10
lunyAdlai, do you mean that people would pretend running a node when in fact they aren't, and hence getting more rewards than they deserve?14:10
frankenmintpaying for it to run simply for it to run isn't a proper solution14:10
sipabut for the security of the system, what matters is how many people independently *use* a node14:10
sipawhether that is 1 or 1000 is irrelevant14:10
Adlailuny: I can't dig up the link at the moment, and maybe better that it's so, but somebody published a bitnodes fraud script shortly after the program was announced14:12
sipaluny: using a node is a reward on itself, namely you get the security of verifying that nodoby in the network is cheating, without needing to trust anyone for it14:12
lunyyes, good points.. thanks a lot14:13
Adlailuny: for an example of a similar (yet differently motivated) attack on the network, google chainalysis14:14
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--- Log closed Mon May 04 00:00:48 2015

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