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| kanzure | re: dynamic adjustment of max block size proposals, where the problem has been that miners never havee any reason to decrease the maximum, what happened to that elastic transaction fee pool proposal that would pay miners that choose to make smaller blocks? what was the name of that proposal. | 07:22 |
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| fluffypony | kanzure: in Monero we penalise large blocks (affects the block reward), would that not have the same net effect? | 07:31 |
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| kanzure | uh maybe, i guess it depends on how you choose to reallocate the missing block reward? | 07:36 |
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| fluffypony | true | 07:40 |
| fluffypony | we have a minimum block reward (infinite emission, so slightly disinflationary starting at 0.8%), so we don't have to worry about that | 07:40 |
| fluffypony | what if halving happened at an emission point rather than a block point | 07:41 |
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| MRL-Relay | [tacotime] kanzure: block reward is entered back into the total pool of rewards, so the "lost" rewards are actually paid back to all remaining miners until we hit minimum network subsidy. | 08:32 |
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| kanzure | .title https://news.ycombinator.com/item?id=10061938 | 12:36 |
| yoleaux | GSMem: Data Exfiltration from Air-Gapped Computers Over GSM Frequencies [pdf] | Hacker News | 12:36 |
| kanzure | https://www.usenix.org/system/files/conference/usenixsecurity15/sec15-paper-guri-update.pdf | 12:36 |
| kanzure | "this web site can send a text message from any airgapped computer without a sim card, by modulating its CPU to broadcast to all cell phone towers. Using pure CSS." | 12:36 |
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| instagibbs | that's an amazing title | 12:50 |
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| smooth | one issue in monero is there is no explicit incentive for miners to produce a below-median size block, so the block size may not shrink | 18:14 |
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| smooth | one argument is that orphan rate provides a small incentive, as does breakage (it is hard to produce exactly median, and if you go over you are penalized). i dont know if those are enough | 18:15 |
| gmaxwell | smooth: I don't think orphan rate is an argumet except right around the point of indifference. It isn't fundimentally hard to change how you forward blocks and select transactions such that orphaning has nothing to do with the blocksize (this is true for both monero and bitcoin) | 18:19 |
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| gmaxwell | (e.g. a toy example, miner software could run a merged mined seperate consensus system that does nothing but decide on an ordering of transactions. Not-enforced. Miners could then include transactions from that chain, once they are good and burred, by reference with essentially constant size and bypass all transmission and verification delays (as its already been done) for anything that is taken | 18:27 |
| gmaxwell | verbarim from that system .... consensus is actually way overkill for this but it's an easily understood example of what there can be no size proportionality for orphaning if someone bothers to write the software) | 18:27 |
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| smooth | gmaxwell: is there a way to do this that doesn't impose an inherent cost in timeliness | 19:06 |
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| --- Log closed Sat Aug 15 00:00:41 2015 | ||
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