2016-02-29.log

--- Log opened Mon Feb 29 00:00:46 2016
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kanzuremesmer_: https://raw.githubusercontent.com/kanzure/diyhpluswiki/master/bitcoin/big-pile.mdwn05:43
kanzuremesmer_: http://diyhpl.us/~bryan/irc/bitcoin/recent-bitcoin-bookmarks-2015-08-30-125827.yaml05:43
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JackHthats info overload05:55
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BitcoinErrorLogi'm gonna go read for 5yrs brb06:04
kanzureBitcoinErrorLog: i'll hold your beer(hat)06:09
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mesmerkanzure: thanks!06:10
kanzureJackH: maybe... i used to try to keep up with the wikipedia firehose to disprove people who told me that information overload was a thing. jokes on me becuse now i just know about millions of shitty edits....06:10
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JackHwe actually just need people to sort this out kanzure06:11
JackHman power can fix it06:11
JackHI tried making my own library of info06:13
JackHI had to give up and just keep it high level, like: www.bitcointalk.org06:13
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mesmerthat's the root of the problem though, it takes time to reach high level understanding if you have been in this space for awhile, but the barrier of entry for eager people and potential devs would have to walk through this same pain every time.06:14
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bsm117532I keep a database in Zotero of papers, and have a map in my head of what's important.  Everyone builds their own personal knowledge-base a little differently, and that's valuable because everyone gets a different perspective.  kanzure likes to aggregate everything, and it's valuable to share, but I personally also find value in "forgetting" things also.  Hopefully the stuff I remember is the important stuff.  Hopef06:28
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hardingbsm117532: you got cut off at what I'm guessing is the second hopefully: "the important stuff.  Hopef"06:31
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kanzureforgetting things is overrated06:34
Taekhttps://github.com/DavidVorick/herus/tree/own06:39
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TaekJackH, mesmer, bsm117532: wrote the first half of a backend for something that's supposed to help with knowledge curation last Saturday06:40
instagibbsforgetting things are important for personal relationships, not sure about scholarship :P06:40
Taekyou upload primary sources (papers, ramblings, etc.) to topic names, then each topic lists all the primary sources that people have added to it06:40
Taekif you click on the primary source, you are brought to a page where annotations/elaborations/criticisms of the primary source can be uploaded06:41
Taekwhich should make it easier to write criticisms one time and then have an obvious way in which they are linked to the primary source06:42
JackHyeah bsm117532 nothing beats the information you have in your head. it is still the best blockchain for storing and retrieving info06:42
JackHit scales unlimited06:42
TaekI still need to add user accounts, and I'm planning on also adding upvotes + downvotes for primary sources and their annotations06:42
hardingTaek: what are left/right/center votes?06:42
JackHthe problem is that there is too much06:42
JackHyou still need to know what you want to look for, and therein is the problem06:43
JackHyou cant know what you dont know06:43
Taekharding: left+right votes help distinguish between beginner topics and advanced topics. There will be two columns for primary sources. Left column would have stuff like 'Mastering Bitcoin' and right column would have stuff like 'Bitcoin Developer's Guide'06:44
Taekoh, finally each topic has a list of other topics at the bottom which are similar06:44
hardingTaek: cool.06:44
Taekpeople can tether topics, and then use voting to indicate how relevant something is06:44
Taekin that case the left/right/center votes indicate whether something is more general or more specific06:44
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Taekso, 'sha256' would be more general than bitcoin, and '51% attacks' would be more specific than Bitcoin06:45
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TaekJackH: the act of linking topics is supposed to help you learn what you don't know06:46
JackHhmm yeah that could work06:47
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JackHwell reddit style is great, but the problem is spam there06:47
JackHtoo many people fucking things up06:47
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bsm117532  Hopefully.  Trying to keep track of everything is exhausting.06:57
kanzureTaek: i am unconvinced https://github.com/DavidVorick/herus/blob/060eada00b72924ff84b010b876791fcd20e2e96/server.go#L2906:58
kanzureTaek: for criticism i suggest embedding pubpeer06:58
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Taekkanzure: pubpeer has no results for Bitcoin, or am I using it wrong?07:48
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bsm1175321Taek: no results for me either. I think that just means that no one has entered a comment on a bitcoin paper yet.07:51
Taekone big thing about bitcoin is that most of the knowledge is not available through research papers07:52
bsm1175321It seems to be used mostly for pubmed papers.07:52
Taekit's irc discussions, mailing list posts, reddit comments, and forum posts07:52
Taekyeah. So herus is supposed to be friendly to any kind of content, with the disclaimer that it's not been polished or reviewed07:52
bsm1175321Yeah we need to formalize our publication of the important stuff.07:53
TaekI think it would be better if we didn't need to formalize it07:53
Taekformalizing knowledge takes a lot of time, and often you end up with something that's a lot less approachable07:53
Taekjust because you end up being very careful with your wording07:53
bsm1175321There's a depth of thought that comes with writing out something more carefully than a reddit post, and getting it peer reviewed.07:53
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kanzureTaek: pubpeer is for academic criticism in general, not surprised to see no results for bitcoin yet07:58
bsm1175321kanzure, Taek: I don't see a way to put the bitcoin paper on there.  It has no DOI.08:00
kanzurebsm1175321: here is how to get doi numbers https://thewinnower.com/papers/now-i-am-become-doi-destroyer-of-gatekeeping-worlds08:01
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* bsm1175321 glazes over word salad. is there a solution in there, or just complaining about doi's?08:03
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hardingbsm117532: I think it says that if you submit an article to that site, you get a DOI.08:07
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amillerhi everyone09:20
kanzuresup09:26
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tromp_hi, Andrew09:39
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andytoshihey tromp_09:45
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andytoshioh amiller09:45
andytoshisorry, i need coffee.. and to stop highlighting on "andrew"09:45
amillergreetings to all andrews09:45
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hardingandytoshi: I also have to figure how to tighten up irssi's default highlight rules as I get highlighted everytime someone here is talking about sharding.  :-)09:47
amillerrofl09:48
bsm1175321Hey if you can get more people to talk about sharding, I'm all for it!  ;-)09:48
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heloharding: i ended up highlighting on "helo " and " helo". seems to work farily well.09:50
hardinghelo: good idea.  Thanks!09:51
kanzurehow about "helo: "09:51
heloluckily, the space at the start of the line allows e.g. "< guy> helo, blah" to be matched09:52
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Tasoshi_with mempool now full, are we to expect nodes to start crashing?10:00
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Tasoshi_or was that just made up by Mike Hearn?10:00
Tasoshi_there is apparently a backlog of 30mb10:00
Tasoshi_and rising10:01
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arubiit's not backlog, it's altruistic node policy.10:02
arubimaybe classic\xt nodes are crashing, I wouldn't know10:03
Eliel_Tasoshi_: #bitcoin would be a more suitable channel for that question. It's off topic here. To answer the question, 0.12 won't crash due to this at all. Older nodes might, if the system runs out of RAM. 30MB is not nearly enough to do much though.10:04
arubioh wow, I didn't notice we're here10:04
Tasoshi_have there been any tests as to what mempool nodes can handle?10:06
Tasoshi_frankly, I find the situation a bit scary, the backlog keeps increasing.......10:07
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kanzurewrong channel10:13
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Tasoshi_sorry, I was looking for some sort of technical explanation in regards to what mempools can handle10:15
Tasoshi_and whether we should expect them to start crashing, or otherwise10:15
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amilleri think that's on the knife's edge of on-topic, failure modes can be a research question10:17
amilleri think that there's a new policy in .12 that limits the size of mempool, i think that XT has had mempool limits for a while10:18
amilleri think that nodes with old code will just fill up and up, and at some point could use more and more memory until they slow down or crash10:18
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Tasoshi_hardly any nodes have upgraded to 0.12 though. More specifically, what I am enquiring is whether Hearn was right when he stated that once the mempool starts building up with genuine transactions a systemic node crash will follow or has that been rebutted?10:25
instagibbsthis is #bitcoin material10:25
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amillerok10:26
instagibbsnot your fault, Tasoshi_ might be banned from #bitcoin...10:27
amilleri'm interested so i'm reasking the question there10:27
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gmaxwellamiller: It's very hard for lots of mempool memory to be used by 0.11.2 because the base relay fee is high enough that the prior people who were attacking that way were unsucessful.  There is no such thing as "starts building up" as different nodes, have different policies: case in point, a long running unmodified 0.12 node here has 286MB in mempool at the moment (0.12 will always have about 300M10:35
gmaxwellB in the mempool since thats its limit). Though sure, if your system can't allocate enough memory/swap eventually the daemon will shut down.10:35
gmaxwellAnd yes, this is pretty offtopic here.10:35
amillerthanks10:36
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gmaxwell$ ~/bitcoin/src/bitcoin-cli  getmempoolinfo10:38
gmaxwell{ "size": 28682, "bytes": 131232798, "usage": 286701056, "maxmempool": 300000000, "mempoolminfee": 0.0000174110:38
gmaxwell}10:38
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Tasoshi_couldn't a malicious miner easily attack bitcoin right now by mining fully empty blocks?10:47
Tasoshi_since there would be no counterance to that sort of attack, that malicious miner can in effect cripple the entire network?10:47
Tasoshi_is it not the case that, as the system is operating right now, as far as miners are concerned, it is in no way decentralised and the usual incentives no longer apply, for 1 miner can set the policy of the entire network by simply mining empty or 250kb blocks, thus turning the system onto a centralised operation at the mercy of 1 miner and that is possible only because the other miners can no longer operate in competition, because they do10:50
Tasoshi_not have the choice to, say, increase the size of the blocks they mine in return10:50
kanzureso in your view, any non-zero load or backlog is an attack because..?10:51
Tasoshi_my view is simple10:51
Tasoshi_all miners are operating at 1mb, and the system is somewhat functioning, what if one malicious miner decided to give bitcoin a system shoock, and mine 0 blocks10:52
Tasoshi_or 250k blocks, or 500k blocks, whatever10:52
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Tasoshi_the other miners have no choice or say, there is no competition any longer10:52
Tasoshi_no balance10:52
kanzurewhy would empty blocks be a shock?10:53
kanzureif anything it is less of a shock, giving low-bandwidth nodes some time to catch up10:53
Tasoshi_let us suppose this miner has 25% hashrate, one can estimate the number of txs, but let us assume they are 50k txs10:53
Tasoshi_having, all the sudden, 50k txs on a backlog breaks everything, including fee estimation etc10:54
Tasoshi_but, more than that, this miner, single handedly can decide network policy, he can decide the fee rate, he can decide all he wishes, 1 miner10:54
kanzurethat's already the case- any miner can decide to include whatever fee rate10:55
Tasoshi_there would be no longer any nash equilibrium or decentralisation10:55
Tasoshi_except that other miners, if they have free blocksapce, can compensate, and drive the monopoly miner out of business10:55
Tasoshi_but with blocks limited at 1mb, the other miners have no choice10:55
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Tasoshi_and, since subsidy currently plays the higher part, why shouldn't miners engage in a cartel monopoly behaviour to set fees at, for the long term, unacceptable behaviour, but short term no choice10:57
Tasoshi_so, in effect, well, killing bitcoin, whether they know it or not10:57
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gmaxwellTasoshi_: your assumptions don't make sense... having a 50k tx backlog doesn't break anything (and, in fact, fee estimation doesn't work without backlog)11:07
Tasoshi_how does fee estimation work?11:09
gmaxwellin any case, today most miners are running with 750k limits. If a miner with less than a majority hashpower stopped mining transactions, at most they could do is effectively halve capacity (or really, decrease it by a quarter relative to 750k).11:09
gmaxwellTasoshi_: by observing how long it takes for backlogged transactions to get mined.11:09
kanzurehere's some ideas on upcoming fee estimation things,11:09
kanzurehttps://medium.com/@bramcohen/how-wallets-can-handle-transaction-fees-ff5d020d14fb11:09
kanzurehttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-November/011685.html11:09
kanzurehttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/2013-October/003421.html11:10
Tasoshi_gmaxwell, how does that observation work when you have a system shock by a malicious miner?11:10
Tasoshi_let us say it takes 0.001 fee to corfirm, everything fine, then a malicious miner decides to set policy, and we suddenly have 50k txs backloged11:11
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kanzurewell, for that particular miner you could assume that none of the transaction fees were high enough to entice them (otherwise they would have included the transaction). but this says nothng about the miners that might be mining upcoming blocks.11:11
Tasoshi_is that acceptable gmax?11:11
Tasoshi_what if those txs are urgent?11:11
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Tasoshi_but, lets not stop there, the miner wants to play, now he sets the blocks to 250kb11:11
Tasoshi_500kb11:11
Tasoshi_0 again11:11
gmaxwellTasoshi_: it'll read low for a little while, but catch up.  You don't need to hypothesize a malicious miner, the variance of finding blocks is _enormous_ it's not unheared of for there to be long runs of 20 minute apart blocks; and it's completely expected.11:12
Tasoshi_there's a difference, a human is playing11:12
gmaxwellTasoshi_: you realize this miner only controls his own blocks, right?11:12
Tasoshi_for his gain, and no one can do anything about it11:12
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Tasoshi_of course, let's say he has 25%11:13
instagibbshttps://z.cash/blog/snark-parameters.html11:13
Tasoshi_enough to have network wide effects11:13
Tasoshi_how would the network be decentralised under that sort of playful miner?11:13
Tasoshi_he, basically, rules11:13
gmaxwellIf he does, thats basically a violation of the system security assumptions. But sure. So what?  he can decrease capacity by up to 25%-- but swings of that capacity amount are expected just from block finding variance.11:14
Tasoshi_he is setting policy, 50k txs are 1/4th of the network right now11:14
kanzurewhat does it mean to set policy here ??11:15
gmaxwellhuh?11:15
Tasoshi_but it is worse, because he just changed his 1/4th to 0, meaning his effect is half of the network11:15
gmaxwellSorry, I'm not able to follow your logical leaps here.  A miner with 25% hashpower controls a quarter of the blocks on average.11:15
Tasoshi_gmaxwell, let us take f2pool, with say 50k txs or 25%, the network now is operating as it is, then suddenly f2pool creates a system shock and adds 50k to the backlog, while withdrawing their service, that has amplifying effects11:17
Tasoshi_sure, the system adjusts, so now f2pool adds 25k txs, then withdraws them to 0, then adds 50k11:18
Tasoshi_it's chaos11:18
Tasoshi_and everyone else has no power whatever11:18
Tasoshi_no nash equilibrium11:18
gmaxwellwhat?11:18
kanzuresounds like you are worried about not being able to estimate transaction backlog clearing11:19
Tasoshi_what part do you want me to explain?11:19
kanzureit would be helpful to imagine a constant (or growing) backlog, rather than assuming an intermittent backlog, i think11:19
gmaxwellWhat you're saying doesn't follow logically. The amount of capacity is inherently unpredictable just by the design of the system. It works fine like that. You've made no argument as to why an additional 25% hashpower pumping the capacity would be "chaos" as you describe.11:20
gmaxwell(relative capacity is also unpredictable because demand is unpredictable)11:20
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Tasoshi_so instantly reducing transaction capacity right now to say 100k txs would not be chaos?11:20
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gmaxwellTasoshi_: AFAIKCT, you're making a dimensionality error. What does "capacity 100k txs" even mean?11:21
Tasoshi_let us say that right now people can only carry 200k txs a day11:21
Tasoshi_suddenly, with no warning, reducing that to 100k would not cause chaos?11:22
gmaxwellYou mean 150k (25% reduction from 25% hashpower not including transactions)?11:22
Tasoshi_well, let's use my numbers11:22
kanzureit might violate the assumptions that some people had, but i'm not sure we should expect to meet unrealistic assumptions11:22
gmaxwellNo, it would not cause chaos-- that already happens due to variance, due to existing policy (miners do not have uniform policies to begin with)...11:23
gmaxwellTasoshi_: your numbers require the attacker be half the hashpower, not 25%11:23
Tasoshi_variance brings tx capacity from 200k to 100k suddenly?11:23
Tasoshi_beyond the system shock though there is a policy setting role11:24
Tasoshi_supply and demand - and their relationship to fees11:24
Tasoshi_now lets get back to the 25% miner11:24
Tasoshi_he can increase supply or reduce it11:24
Tasoshi_if demand remains constant then he is increasing or reducing fees11:24
Tasoshi_in effect, one person, setting policy11:24
Tasoshi_because the other miners have no choice11:25
gmaxwellTasoshi_: sure, go look over the past week there are swinsgs of 25% even though the whole time 0.12 mempools had near 300mb backlogs.  Variance, and policy already produce clearance rate differences on the kind of scale you're talking about with nothing breakin.11:25
Tasoshi_now they can join, but that is a race to the bottom, or a way of making bitcoin fully useless11:25
Tasoshi_gmaxwell, I am not sure what I am failing to explain here11:26
Tasoshi_25% variance and 200k daily txs to 100k all the sudden are very different things11:26
gmaxwellTasoshi_: again, you seem to be making a logical leap that makes no sense. Yes, if 200k/day is the limit, then 25% hashpower can lower capacity to around 150k/day.  Now you suggest that other miners are somehow forced to adopt his policy, but you've suggested no mechenism.11:26
Tasoshi_I know this is all political, but please appreciate facts11:26
gmaxwellTasoshi_: in terms of how many transactions the network can clear, all causes there are equivilent. If mining variance reduce capacity it's no different for tx getting cleared than an equivilent reduction by some chunk of hashpower.11:27
Tasoshi_don't care how many txs the network can clear11:28
Tasoshi_not the point, at all11:28
gmaxwellThere isn't anythin 'political' in this discussion.11:28
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Tasoshi_there is an attack vector here11:28
gmaxwellTasoshi_: please-- I asked a direct question. You just insisted that other miners would somehow be compelled to follow the no-transaction miner in their behavior--- please, tell us what mechenism would enable that?11:29
Tasoshi_a super effective attack vector in the short term11:29
gmaxwellTasoshi_: simply saying there is doesn't make it so.11:29
Tasoshi_let us go to an imaginary worl11:29
Tasoshi_and simplify matters11:29
Tasoshi_let us suppose that tx capacity is 200k txs a day and not 1 more11:29
Tasoshi_let us suppose no miner can increase this tx capacity11:30
gmaxwellseveral times in this discussion your simplfications have taken things completely out of connection with logic. (much less reality).11:30
gmaxwellTasoshi_: sure11:30
Tasoshi_let us suppose we have a running system with people creating 200k txs a day, a fee market, and all is running11:30
Tasoshi_let us suppose someone who can decide in regards to say 50k of these txs now says I want higher fees, and thus reduces capacity to 150k per day11:31
gmaxwellyes, 25% hashpower could reduce that capacity by 25%.11:31
gmaxwellif he takes no transtions at all.11:31
Tasoshi_so you agree he can do that?11:31
Tasoshi_and no one else can do anything about it?11:32
gmaxwellSure, thats how the system works. It's not some specific 50k tx he controls, to the system's transaction processing capacity it is exactly equivilent to him simply turning off. (at least for a couple weeks)11:32
kanzureTasoshi_: was your expectation earlier today that this was not the case ... ?11:32
Tasoshi_how does he not control those 50k txs?11:33
Tasoshi_he can mine 0 blocks and deny those 50k txs, thus reducing system capacity to 150k no?11:33
helothe assumption interferes with your argument... there will never be "200k/day, exactly", there is the usual variance that users are accustomed to.11:33
gmaxwellTasoshi_: because there is no mapping of transactions to miners.  Let me pose an alternative, how would your situation differ from an alternative sitation where the same miner simply turned off his power and went home?11:33
arubier, my head hurts because this means a miner acts against their own gain and discards fees,  can this be established here?11:34
Tasoshi_you know how it would differ gmaxwell11:34
Tasoshi_that miner would no longer be mining blocks11:34
Tasoshi_there would be no 0 blocks11:34
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gmaxwellTasoshi_: so? that doesn't have any effect.11:34
gmaxwell(at least not for weeks)11:34
Tasoshi_of course it does11:34
gmaxwellTasoshi_: What is the effect then?11:34
Tasoshi_a miner mining 0 blocks and a non existent miner are two different things11:34
gmaxwellarubi: sure, but it's hypotetical.11:34
Tasoshi_as you know11:34
arubigmaxwell, yea, way out there..11:35
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Tasoshi_and agree, I hope?11:35
gmaxwellTasoshi_: no, actually in the short/medium term .. for transaction processing they are exactly the same.11:35
Tasoshi_not if we go a bit deaper11:35
tromp_no effect on tx/day. some effect on btc rewards/day11:35
Tasoshi_your miner does it once11:35
Tasoshi_my miner continues the game11:35
Tasoshi_he mines 0 blocks, increases the fees11:35
gmaxwellTasoshi_: if tht 25% hashpower miner turns off one day, the same effect happens, roughly only 150k txn (in our hypothentical 200k constant load world) get processed.. same as the next day.11:35
Tasoshi_then he mines 250k blocks11:36
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Tasoshi_or if he wants chaos he mines full blocks11:36
Tasoshi_now11:36
Tasoshi_do we not have a central bank governor?11:36
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gmaxwellTasoshi_: go back. You've still not explained where you think the observable difference to users is on that day when the miner turns off.11:36
gmaxwellI think it's essential to clear that up before continuing.11:36
Tasoshi_the miner who turns off does it once11:36
Tasoshi_in a suicide11:37
Tasoshi_my miner is smart11:37
Tasoshi_he is setting policy11:37
gmaxwellTasoshi_: he could turn off and on as much as he likes, sure'y you've seen a power switch.11:37
Tasoshi_he mines 0 blocks to increase fees11:37
Tasoshi_then 500k11:37
Tasoshi_then full, then whatever he wants11:37
Tasoshi_the crux is no other miner has a say over it11:37
Tasoshi_how is that decentralised?11:37
gmaxwellTasoshi_: if he's mining 500k blocks than your capacity is back to 175k, fwiw.  But again, you're still failing to distinguish turning off with mining nothing for this purpose.11:38
heloTasoshi_: if everybody decides to do something abusive towards bitcoin, it can break.11:38
Tasoshi_there is no need for a distinguishment11:38
gmaxwellCan you please show the difference between turning off and mining nothing or agree they're equivilent?11:38
Tasoshi_it makes no difference11:38
Tasoshi_he turns it off he mines 0 blocks no one cares11:38
Tasoshi_same thing applies11:38
Tasoshi_and applies for 1 reason11:38
Tasoshi_the other miners have no say11:38
kanzureTasoshi_: where are your "full blocks" coming from if 25% hashrate is turned off? those blocks will be absent.11:39
Tasoshi_full blocks basically give any miner a policy setting power11:39
hardingI think Tasoshi_ is trying to argue that by mining empty blocks (or not mining at all) the fee rate will ratchet up so that when the miner starts mining larger blocks again, the fee rate will be higher.  This seems to miss the point that the other miners -- his competition -- will capture all the high-fee transactions.11:39
gmaxwellTasoshi_: and yes, sure a miner with 25% hashpower can swing capacity around by up to 25%-- e.g. by turning off. So? --- it isn't at all good that any >=25% hashpower miner exists, which I pointed out at the top-- but thats true for many reasons.11:39
Tasoshi_whether they do it by turning on and off or mining 0 blocks is irrelevant11:40
kanzureso you agree they are equivalent11:40
Tasoshi_gmaxwell, you are missing the crucial point of decentralization11:40
gmaxwellharding: yes, it wasn't clear to me above ... sounded like he was thinking there was a mapping from the miner to specific transactions?11:40
Tasoshi_no other miner has a say11:40
Tasoshi_they can't counteract this one miner11:40
kanzureminers always have a say about what they mine11:40
Tasoshi_they can't adapt11:40
Tasoshi_even the network can't adapt11:41
gmaxwellTasoshi_: they have a say in their own behaivor. Not someone elses, which is itself a critical point of decenteralization.11:41
Tasoshi_it is basically 1 miner setting policy11:41
Tasoshi_no11:41
kanzurewhat is policy?11:41
Tasoshi_they dont have a say in their own behavior11:41
gmaxwell(and yes, this is a reason why 25% consolidations are themselves absurd... but they're absurd for reasons having nothing to do with capacity)11:41
Tasoshi_and what proves it is simple11:41
kanzureperhaps policy is not happening here?11:41
Tasoshi_what if the other miners want to increase capacity by 50k txs to counteract his decrease?11:41
Tasoshi_well, they can't11:42
gmaxwellTasoshi_: they do--- that 25% miner, has (limited) control over 25% of the capacity. he deny it, or not, or anywhere in between. He has no control over the capacity of the other miners.11:42
Tasoshi_he does11:42
kanzurebacklog size is independent of miner behavior11:42
Tasoshi_let us assume all other miners run at full capacity11:42
gmaxwellTasoshi_: if they could "increase to offset" that would mean they had control over the 25% of the capacity that he influenced.11:43
Tasoshi_as far as the network is concerned, it is only the 25% miner who decides the overall capacity by increasing it or decreasing it as he pleases11:43
kanzurenope, miners cannot decide the size of the backlog11:43
Tasoshi_we are talking about a network11:43
gmaxwellTasoshi_: he doesn't decide the overall capacity, he influences the roughly 25% in his pervue.11:44
Tasoshi_if a malicious miner decides to decrease capacity by 25%, the other miners should be able to respond11:44
Tasoshi_under the current system, however, they can not11:44
gmaxwellTasoshi_: if they 'responded' then they'd have control of his 25% of the capacity then, a failure of decenteralization.11:44
Tasoshi_this opens the space for a clever miner to in effect set network policy, knowing other miners have no choice11:44
kanzurei think you mean that "transaction fees seem to be the only way to figure out prioritization"11:45
Tasoshi_25% of overall capacity11:45
helo(this never stops, by the way...)11:45
Tasoshi_lol11:45
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Tasoshi_gmaxwell, how did you reach that conclusion?11:45
gmaxwellperhaps, for example, our 25% friend was not malicious, rather, but just required a higher fee to stay in operation. Your hypothetical would leave the others free to kick him out. And then they could kick out the next most efficient and so on, until only one remains (another hypothetical)11:45
Tasoshi_I mean, it is easy to argue whatever11:45
arubireally if all miners follow a "policy", then one miner "turning off" just cuts the bottom 25% of legit, non-spam transactions.  smaller than 50k11:45
gmaxwellit's only easy to argue whatever for people who are unattacked to logical reasoning or reality. :)11:45
Tasoshi_but how did you reach the conclusion that miners acting in a decentralized maner suddenly control 25% of a miner's capacity?11:45
kanzurei really think there's some unreasonable assumptions being used here, like transaction reliability or that miners have control of the backlog, which is not true.....11:46
Tasoshi_no11:46
kanzurehe said that in a decentralized system the 25% is not controlled by the other 75%11:46
kanzureyou seem to have thought he said the opposite11:46
gmaxwellkanzure: yes, lots of weird assumptions-- but so? I think it's okay to talk about the limited case.11:46
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Tasoshi_he was arguing the exact opposite of what I said11:46
Tasoshi_while the situation is fully different11:47
Tasoshi_basically, unless I misunderstood, he said that if we turn the coin, then 75% will decide the capacity of the 25% miner11:47
kanzuregmaxwell: i think he is trying to argue that fee prioritization (or other prioritization) is unreasonable, but meanwhile it seems to be the only reasonable option for this system design11:47
Tasoshi_therefore, presumably, it is right that this 25% miner has that power?11:47
Tasoshi_but the situation is fully different11:48
Tasoshi_where the 25% miner decides the situation is limited, with no choice11:48
kanzurein a very vague and abstract way it's actually interesting that bitcoin can be used as a transaction fee to help determine priority, it's nice in the sense that it's a variable internal-to-the-system, rather than an external signal11:48
Eliel_To me it seems like Tasoshi_'s "attack" could be counteracted by a rolling block size limit that allows the next block + N past blocks to total (N+1)*1MB.11:49
Tasoshi_where the whole network of miners has a say, it is dynamic, and it is no longer anyone deciding the capacity of anyone, but everyone, in their complex way, deciding the overall network capacity11:49
gmaxwellTasoshi_: if someone has 25% influence over the system, then thats what they have. It is a faulure of decenteralization for a single party to have that much; but it is what it is-- the situation is not improved by taking their influence. and handing to to another self-selecting party.11:49
Tasoshi_no11:49
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Tasoshi_they have what they have because of certain reasons11:49
kanzureEliel_: there was another "vault" proposal sent to bitcoin-dev a few months ago. did you happen to see that?11:49
Tasoshi_primarely, under full blocks the other miners can not respond11:49
Tasoshi_they have no choice11:49
heloother miners keep doing what they were before the 25% dropped out11:50
Tasoshi_they can not counteract the malicious miner who decides to reduce capacity by increasing their own capacity11:50
Tasoshi_their hands are tied11:50
gmaxwellTasoshi_: they only influence their own 'share' of the capacity; they can't influence someone elses.11:50
heloor they turn theirs off (for whatever reason, but they have no increased reason to as a result of the 25% drop)11:50
Tasoshi_and you know that, don't you?11:50
Tasoshi_no11:50
Tasoshi_they influence the network share11:50
Eliel_kanzure: I probably missed that. However, that rolling limit sounds like it'd change more than is immediately obvious, so I'm not sure if it's a good idea.11:50
Tasoshi_there is a whole system here11:50
* gmaxwell is tired of wasting his time. 11:50
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Tasoshi_lol11:51
tromp_i'm suprised you laste this long, gmaxwell:)11:51
heloslow clap11:51
kanzureTasoshi_: it's not an attack because that's how the system is supposed to work11:51
Tasoshi_some told me he was smart11:51
arubiwhoever said this is #bitcoin material was really smart11:52
Tasoshi_but sometimes even the smart can't handle facts11:52
Tasoshi_especially the ones who cut halfway through11:53
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heloTasoshi_: #bitcoin11:53
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kanzurewhat was the evidence that he was aquentus?11:53
arubikanzure, past sessions, talk of "the test of bitcoin", almost prophecy, cult-like11:54
JackHwhy is this guy such a pain to listen to? anyone knows who he is or what his problem is?11:54
arubisomewhat similar to that other nickname ^11:54
Eliel_it's difficult to talk to someone who refuses to budge from using their own weird definitions for things.11:55
kanzureEliel_: not sure how relevant this is, nevermind http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2016-January/012240.html11:55
kanzureEliel_: i might have rejected that email or something, but i'm confused why i see it on the mailing list11:56
kanzurealso for some reason i thought you were eyal or sirer11:57
bsm1175321kanzure: I keep making that mistake too.11:57
kanzureah then it must be true11:57
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bsm1175321Nah, just a semantic name collision.11:58
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ElielI can get why you'd confuse me with Eyal, but ... sirer?11:58
kanzurewell i confuse both eyal and sirer with each other11:58
kanzure*shrug*11:59
fluffyponywow backlog12:00
fluffyponyand it's basically gmaxwell trying to help someone12:00
* fluffypony is never going to read all that12:00
Elielpainful reading, can't recommend.12:00
JackHthe guy is insane, and creepy12:00
ElielAll you'll find is gmaxwell unsuccesfully trying to establish a common language with someone who doesn't want to.12:01
fluffyponyyeah12:01
fluffyponyre: gmaxwell's "It is a faulure of decenteralization for a single party to have that much; but it is what it is"12:02
fluffyponythere were some REALLY good conversations I had this weekend with people at the Satoshi Roundtable about them taking on their own chunk of mining hardware, or running nodes spread out where they can host them12:02
fluffyponyadam3us also said something similar on one of the panels12:03
fluffyponymaybe at some point we forgot to keep educating people on how to retain Bitcoin's decentralisation12:03
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ElielOr perhaps, bitcoin just grew so fast that it all got lost in the noise.12:04
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JackHnah its capitalism in its purest form12:05
* kanzure weeps for the 56,000 words he typed from the roundtable (bug bruce if you want him to release that)12:06
fluffyponythat's the other side of the coin, isn't it - why should CoinBase spend the money to run a chunk of mining hardware when they'll feel like it's a waste of money12:06
fluffyponyand you can't convince them otherwise12:06
fluffyponykanzure: I still can't believe the quality of your raw transcribes, it's insane. You must be pushing out well north of 150 WPM?12:07
kanzurefluffypony: 196 wpm http://www.seanwrona.com/typeracer/profile.php?username=kanzure12:07
JackHyou typed up from the rountable? all of it? omg dude12:08
fluffyponyJackH: there were some sessions I wasn't in, so he couldn't transcribe everything12:08
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amillerhttp://www.seanwrona.com/typeracer/profile.php?username=socrates this is me :p12:09
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kanzurewe should totally race sometime12:10
nshtron: qwerty12:11
kanzureno i mean on that site (typeracer)12:11
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amillerrace now?12:12
kanzurehttp://play.typeracer.com/?rt=trkanzure12:12
kanzurelet's roll12:12
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kanzureoh shit12:14
kanzurewhat12:15
amiller#bitcoin-wizards-offtopic for typerace tournament chatter12:17
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* midnightmagic golf-claps for jcorgan12:52
midnightmagicbut non-sarcastically12:52
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BitcoinErrorLoglol12:56
BitcoinErrorLogany news about transcripts being released? is there anything people would actually find interesting aside from novelty?12:57
BitcoinErrorLogoh you just said bug bruce, nvm12:57
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fluffyponyBitcoinErrorLog: maybe it never happens, in which case the live Reddit thread that Shawn and I did is a reasonable overview13:06
BitcoinErrorLogdid bruce complain about that too?13:08
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BitcoinErrorLogbetween the reddit, twitter, and all the first-hand accounts heard over the weekend, it was almost .... like i was there13:08
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fluffyponyno he didn't, but we did tell everyone we were doing it13:13
fluffyponyBitcoinErrorLog: you were there in spirit, buddy13:14
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JackHdoes anyone know of a place that actually has collected all white papers of pre-era Bitcoin? that speak about systems similar to Bitcoin?13:42
JackHbecause some past ideas were actually quite good, and interesting to read about, like Szabo's bitgold and similarly13:44
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fluffyponyI don't know if anyone's made a collection of them - maybe kanzure?13:47
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hardingJackH: I think the collection here is pretty good, although it goes beyond crypto into economics and a few other topics: http://nakamotoinstitute.org/literature/13:53
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instagibbsAdam Back's Hashcash website has a few14:25
instagibbshttp://www.hashcash.org/papers/14:26
instagibbsof course those are aimed towards PoW like stuff14:26
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kanzureJackH: http://diyhpl.us/~bryan/papers2/bitcoin/14:36
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JackHthx harding and kanzure15:09
JackHcheck this out btw15:14
JackHhttp://arxiv.org/abs/0802.083215:14
JackHnot in any of those 215:15
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JackHhas there even been a whitepaper for mojo nation?15:17
JackHthe closest I come to it is zookos paper on distributed systems15:18
fluffyponyask bramc when he's next around15:18
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JackHhe participated in mojo?15:19
fluffyponyuh15:23
fluffyponyhe was lead dev...15:23
JackHwasnt that Jim?15:25
fluffyponyno, Jim was more like the inventor and architect15:28
JackHah, hmm15:28
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fluffyponyyou have to remember that this was like dotcom-bubble era, so it was a company, not an open-source project15:31
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fluffyponyand Jim and Doug Barnes conceived the idea and went and got funding15:32
fluffyponyso Bram and The Zook were "just" employees, really15:32
JackHyeah, good point, I guess it all really worked differently back then in terms of launching software15:33
fluffypony(it's a little more nuanced than that, but that's the way it appeared to me, bearing in mind I was a much younger pony then)15:33
JackHI remember launching a huge gaming forum back in 2002, all centralized, no repo's for anything15:33
fluffyponyI'm glad we've learnt our lessons with that15:35
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rgrantkanzure: (and other Satoshi Roundtable participants) can you from memory/grep recall anyone asking for specific technical reasons why the recent HK proposal couldn't work for other participants in the room at the Satoshi Roundtable?17:04
kanzurethis is not a wizardly topic17:05
rgrantso be it.  then mention your notes here no more.17:05
kanzurehmm17:06
kanzurewell anyway, no specific technical reasons other than things like "needs to be a compromise where they feel like they are doing something truly bad" and "timeliness"17:06
rgrant(is there a better place to ask?)17:06
rgrantclarificaiton: was asking about coverage and reasons, not for named participants.17:10
rgrantanyway.17:10
fluffyponycoverage and reasons?17:11
fluffyponyrgrant: pm me and we can chat about it17:11
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