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--- Day changed Sun Apr 03 2016 | ||
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fluffypony | nonaTure: those are more #bitcoin-dev questions | 00:16 |
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Luke-Jr | nonaTure: not possible | 00:21 |
Luke-Jr | you can't verify block X until you process block X-1 | 00:22 |
Luke-Jr | going all the way back | 00:22 |
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nonaTure | Luke-Jr: obviously you would need to trust some blockhash... whether it is the genesis one or some other handpicked | 00:29 |
Luke-Jr | nonaTure: not merely trust, you need the UTXO state as of that block | 00:29 |
Luke-Jr | the only way to get that today, is to process all the blocks leading up to it | 00:30 |
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nonaTure | IMO not really if you use PoW as a security mechanism. would be very expensive to create a series of fake blocks | 00:31 |
nonaTure | ... starting with any blockhash you trust | 00:32 |
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rhett | is burst the only proof of space coin? | 00:45 |
rhett | brahm cohen gave a talk seemingly in favor of proof of space about a year ago | 00:45 |
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nonaTure | rhett: what is proof of space? | 01:28 |
nonaTure | I really like proof of storage | 01:28 |
rhett | nonaTure: i think i mean proof of storage | 01:28 |
rhett | do you know of any coins doing that? | 01:28 |
nonaTure | rhett: check out siacoin - they also had a talk at the MIT bitcoin expo. pretty neat | 01:29 |
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nonaTure | bitcoin should also think about a slow change of the PoX | 01:30 |
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rhett | it would be such a mess for bitcon to ever change away from PoW | 01:31 |
rhett | bitfury just spent $100M on a datacenter | 01:31 |
nonaTure | where? in china? | 01:32 |
rhett | Georgia, the country | 01:33 |
nonaTure | interesting. cheap nuclear power? | 01:33 |
rhett | i don’t know | 01:34 |
nonaTure | switching the PoW seems unlikely but adding additional PoX should be considered | 01:35 |
rhett | what exactly is PoX? | 01:36 |
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nonaTure | proof of X, like work or storage | 02:22 |
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bsm117532 | http://arxiv.org/abs/1603.07926 | 07:10 |
bsm117532 | A Prunable Blockchain Consensus Protocol Based on Non-Interactive Proofs of Past States Retrievability | 07:11 |
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kanzure | "As the growth of the blockchain is not bounded" what? | 07:17 |
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JackH | the blockchain growth is not bounded, you know that | 07:45 |
JackH | lol | 07:45 |
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justanotheruser | JackH: of course it is | 08:01 |
justanotheruser | Unless you found a way to find sha256 preimages | 08:02 |
TD-Linux | it depends on if you parse "growth of the blockchain" as "blockchain size" or "rate of change of blockchain size" | 08:06 |
JackH | I just think its worded weird | 08:07 |
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fluffypony | JackH: I agree, the phrasing is a little unintuitive | 08:51 |
fluffypony | because of course it's not bounded in terms of its maximum size, but it is bounded in terms of its rate-of-growth | 08:51 |
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CryptoAi | We’re currently looking for developers with experience in algorithmic trading. We are CryptoAi, a machine learning centered systematic hedge fund start-up interested in modeling crypto currency markets For more information on the position please view our recruitment doc | 11:18 |
CryptoAi | https://docs.google.com/document/d/1Jt7VKAI6_jU-yaMJX2A7Bj8JpLN0hhgfmrMrmy1PUHs/edit?usp=sharing | 11:18 |
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midnightmagic | so not the place for that dude | 11:32 |
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kanzure | he's been spamming that for a few days now, time for a ban or something | 11:59 |
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--- Log closed Mon Apr 04 00:00:19 2016 |
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