2016-03-27.log

--- Log opened Sun Mar 27 00:00:11 2016
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kanzure.wik signcryption14:02
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/Signcryption14:02
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kanzure"A formal treatment of backdoored pseudorandom generators" http://eprint.iacr.org/2016/306.pdf14:03
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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.pdf14:07
r0achDoes anyone here disagree with my conclusion that IOTA is a permissioned ledger extortion scheme?  https://bitcointalk.org/index.php?topic=1414866.014:08
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kanzure"Verifiability notions for e-voting protocols" http://eprint.iacr.org/2016/287.pdf14:20
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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.html14:53
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bsm1175321r0ach: the Iota ledger is insufficiently described to claim much of anything about it.15:53
bsm1175321kanzure: ooooh feel the Bern(stein)15:55
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bsm1175321What 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.pdf17:55
kanzurebsm1175321: https://news.ycombinator.com/item?id=934168717:56
kanzureoops i meant https://news.ycombinator.com/item?id=934234817:57
bsm1175321that's great, thanks kanzure!!!17:57
bsm1175321FWIW 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
bsm1175321But I feel I should comment on this in my paper.  Any further comments are welcome...17:59
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bsm1175321As 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
bsm1175321In 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
bsm1175321TL;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
@gwillenbsm1175321: hmm, I am intrigued and would love links to read me18:09
@gwillenread more*18:09
-!- mode/#bitcoin-wizards [-o gwillen] by gwillen18:09
bsm1175321Unfortunately 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
bsm1175321gwillen: coming soon to a preprint server near you.18:10
amillerbsm1175321, PBFT is really old fashioned, if you want efficiency in optimistic case its far from state of the art18:10
bsm1175321amiller: "optimistic" is the key word.  Forks handle the optimism in Bitcoin and my modification of it.18:10
bsm1175321amiller: other optimistic refs would be appreciated, I just read lamport's 2011 Byzantine PAXOS (short) paper...18:11
bsm1175321Lamport 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
bsm1175321ref: http://research.microsoft.com/en-us/um/people/lamport/pubs/disc-leaderless-web.pdf18:14
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pigeonsbsm1175321: I'm still going over amiller, et al's https://eprint.iacr.org/2016/199 and learned a lot20:38
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