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kanzure | .wik signcryption | 14:02 |
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yoleaux | "In cryptography, signcryption is a public-key primitive that simultaneously performs the functions of both digital signature and encryption." — https://en.wikipedia.org/wiki/Signcryption | 14:02 |
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kanzure | "A formal treatment of backdoored pseudorandom generators" http://eprint.iacr.org/2016/306.pdf | 14:03 |
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kanzure | "Is the security of quantum cryptography guaranteed by the laws of physics?" (djb) https://sidechannels.cr.yp.to/qkd/holographic-20160326.pdf | 14:07 |
r0ach | Does anyone here disagree with my conclusion that IOTA is a permissioned ledger extortion scheme? https://bitcointalk.org/index.php?topic=1414866.0 | 14:08 |
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kanzure | "Verifiability notions for e-voting protocols" http://eprint.iacr.org/2016/287.pdf | 14:20 |
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kanzure | "Someone estimated that the cost of Heartbleed re-work was in the vicinity of $500 million - and that's without any particular evidence of any breaches." | 14:49 |
kanzure | "On the impending crypto monoculture" http://www.metzdowd.com/pipermail/cryptography/2016-March/028824.html | 14:53 |
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bsm1175321 | r0ach: the Iota ledger is insufficiently described to claim much of anything about it. | 15:53 |
bsm1175321 | kanzure: ooooh feel the Bern(stein) | 15:55 |
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bsm1175321 | What do people here think of the Stellar Consensus Protocol, and its claim that it enables an open membership network. Does anyone have any counterargument to it at present? https://www.stellar.org/papers/stellar-consensus-protocol.pdf | 17:55 |
kanzure | bsm1175321: https://news.ycombinator.com/item?id=9341687 | 17:56 |
kanzure | oops i meant https://news.ycombinator.com/item?id=9342348 | 17:57 |
bsm1175321 | that's great, thanks kanzure!!! | 17:57 |
bsm1175321 | FWIW I hate any protocol that falls back on the ill-defined word "trust". That's where I think the entire Ripple ecosystem has gone wrong... | 17:58 |
bsm1175321 | But I feel I should comment on this in my paper. Any further comments are welcome... | 17:59 |
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bsm1175321 | As an aside, I've discovered that in my braids framework, I can remove the block time in favor of measuring the minimum cohort time with respect to difficulty (which is a function of network topology) and retargeting to stay at the minimum block time. Thus I think I can achieve a faster network than SCP or PBFT. | 18:05 |
bsm1175321 | In those SCP or PBFT, there are several round trips required between the leader and all other nodes to decide a quorum, and for the propose, pre-commit, commit, phases (6 round trips) where by contrast my proposal essentially requires 1/3 of a round-trip for consensus (assuming miners distributed on vertices of a tetrahedtron -- largest equidistant setup on the surface of a sphere). | 18:07 |
bsm1175321 | TL;DR I think I can bring the settlement time of a PoW blockchain down to ~few seconds, and it can be guaranteed to be faster than any leader-based protocol. | 18:08 |
@gwillen | bsm1175321: hmm, I am intrigued and would love links to read me | 18:09 |
@gwillen | read more* | 18:09 |
-!- mode/#bitcoin-wizards [-o gwillen] by gwillen | 18:09 | |
bsm1175321 | Unfortunately there's a fairly hard limit to how fast it can get, due to causality. So individual transaction signing won't work, aggregation into beads (blocks) at the ~few second time is still required. | 18:09 |
bsm1175321 | gwillen: coming soon to a preprint server near you. | 18:10 |
amiller | bsm1175321, PBFT is really old fashioned, if you want efficiency in optimistic case its far from state of the art | 18:10 |
bsm1175321 | amiller: "optimistic" is the key word. Forks handle the optimism in Bitcoin and my modification of it. | 18:10 |
bsm1175321 | amiller: other optimistic refs would be appreciated, I just read lamport's 2011 Byzantine PAXOS (short) paper... | 18:11 |
bsm1175321 | Lamport points out that the non-optimistic case is very bad: you can have up to N*F rounds of leader election for N nodes and F failing nodes. | 18:13 |
bsm1175321 | ref: http://research.microsoft.com/en-us/um/people/lamport/pubs/disc-leaderless-web.pdf | 18:14 |
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pigeons | bsm1175321: I'm still going over amiller, et al's https://eprint.iacr.org/2016/199 and learned a lot | 20:38 |
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