2016-04-18.log

--- Log opened Mon Apr 18 00:00:43 2016
--- Day changed Mon Apr 18 2016
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CubicEarthis this channel used anymore?01:08
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buZzdoesnt look like it01:21
CubicEarthyet here we are01:28
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bsm117532I can't get this paper out of my head: https://eprint.iacr.org/2011/553.pdf ("Publicly Verifiable Proofs of Sequential Work") -- which comes down to composed hashes (hash of a hash of a hash of a...) and proving sequential work by putting a Merkle tree on it, and a set of challenges in ZKP via Fiat-Shamir.06:20
bsm117532I want to measure network topology and latencies, in a cryptographically provable manner, using this.  That is, imagine every node has one core devoted to this computation.  When it receives a message, it looks at the latest hash and inputs some data from the received message.  The next message it receives it can provide a proof of elapsed time between the two messages.06:22
bsm117532 This is a lower bound for obvious reasons, and must be calibrated relative to other nodes.06:22
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bsm117532This could have a better (faster) measure of time than Bitcoin, without trusted-clock vulnerabilities, and eliminate the energy consumption due to embarrassingly parallelization of Bitcoin's PoW, since this algorithm is non-parallelizable -- it would ensure one miner = one node.06:26
nshbitcoin PoW's parallelizability gives it progress-freeness, which is essential to convergence. one there is a cost to abandoning progress in light of new transactions then the incentive to mine the verymostcurrent mempool is undermined and the coupling between economic incentive and byzantine tolerance gets loose06:38
kanzurehttps://elementsproject.org/posts/the-federated-peg-in-elements-alpha/ OP_WITHDRAWPROOFVERIFY OP_WPV OP_REORGPROOFVERIFY OP_RPV06:38
nsh*once06:38
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nshoh, and progress-freeness also counters mining centralisation pressure06:41
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bsm117532nsh: Sequential work can be progress free too.  A sequence of hash-of-hash-of-... can be simultaneously measuring multiple things, where whenever I receive a time point I want to measure, I insert it into the sequence...h(h(H|data))  where H is the last hash and "data" is some new incoming data at time t.07:08
* nsh nods07:09
nshwill read the paper :)07:11
nsh.g depth-robust directed acyclic graphs07:11
yoleauxhttps://eprint.iacr.org/2011/553.pdf07:11
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bsm117532I'm also wondering whether a "braid" IS a depth-robust directed acyclic graph...and whether that fact can be used somehow...07:14
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Guest49771bsm117532, i like the idea of measuring sequential time while also mining parallelizable work!07:31
Guest49771i don't exactly know what to do with it though07:31
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nshwhy is modular exponentiation an inherently sequential task without knowing the factorisation of N16:10
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eragmusbuZz and cubicearth - Yes, the channel is used, but developers are also especially busy these days... so activity is distributed between all the various channels, e.g. bitcoin-wizards, segwit-dev, bitcoin-core-dev, bitcoin-dev, bitcoin, etc. etc.17:45
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mrkentAnyone here have a educated opinion on rootstock?18:45
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bsm117532mrkent: Excited about rootstock.  Not sure I can offer an educated opinion on it.19:10
mrkentbsm117532: Do you understand how it alleviates high orphan rates with the quick block times?19:11
bsm117532nsh: It's in the formula at the end of p.1: "2^{2^D}  \equiv 2^{2^D \mod \phi(N)) (\mod N)"19:12
bsm117532mrkent: no.19:13
bsm117532It's my understanding that they're going to use a federated peg, which in principle can come to consensus very fast?19:14
bsm117532I'm not a fan of such schemes...19:16
bsm117532Must...braid...blockchain...19:16
mrkentWhat's federated peg?19:16
bsm117532http://bitcoin.stackexchange.com/questions/37876/what-is-fed-peg-and-predefined-functionaries-with-sidechains19:17
bsm117532https://elementsproject.org/posts/the-federated-peg-in-elements-alpha/19:17
bsm117532The latter is a better answer...19:17
bsm117532I've been thinking about this a lot WRT Hyperledger and some conversations with the Blockstream folks.19:18
bsm117532We're still fundamentally missing a "prove what's going on in your ledger and I'll prove what's going on in mine" opcode.19:19
bsm117532The existence of which would be a sea change in this community...19:20
bsm117532I don't need to share your ledger, I just need to make proofs...19:21
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bsm117532No one wants to share ledgers.  Everyone wants proof of execution.19:22
mrkentGot sources on proof of execution?19:29
bsm117532AKA better SPV.  I have no sources.19:30
bsm117532I don't want to know or care how your database works.  But I want to know that my trade is executed.  How do we cryptographically communicate that?19:31
bsm117532SPV and UTXO set commitments are halfway there, but I feel we have a long way to go.19:31
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mrkentWhat about a 2WP sidechain that watched Bitcoin network? (assuming it's dependent on Bitcoin pegs to creation of any new side-coins)19:34
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bsm117532this? http://www.rootstock.io/blog/sidechains-drivechains-and-rsk-2-way-peg-design19:36
bsm117532Would love to discuss it.  Will attempt to offer an intelligent response sometime in the next 24h... ;-)19:36
kanzure"federated peg" is explained in https://blockstream.com/sidechains.pdf19:38
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bsm117532I'd say that paper is far from clear on the concept.19:46
bsm117532There still exists a cryptographic "I'll show you mine if you'll show me yours" that has not been sufficiently demonstrated in a trustless context.19:47
mrkentbsm117532: which method in the rootstock blog post were you referring to? entangled blockchains?19:49
* bsm117532 will read and try to comment intelligently in the morning.19:50
mrkentty19:51
bsm117532Anything that is not externally, cryptographically verifiable, is not enough.19:56
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eragmuskanzure: Another federated peg explanation: https://elementsproject.org/posts/the-federated-peg-in-elements-alpha/22:01
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TaekI mean, the problem nobody has been able to get past is that we can't seem to prove the state of a chain concisely without sharing all of the data22:48
Taeka utxo commitment isn't sufficient, because the pow behind the block might be lying22:48
Taekyou need to prove that a utxo set has a certain amount of work behind it, AND that the utxo set is accepted according to the consensus rules of whatever chain you are communicating with22:49
Taeksnarks might one day be enough to do that22:49
Taekbut, the cryptographic assumptions are strong and there is still a trusted setup that's required22:49
Taekso I wouldn't be happy using today's snarks as proof that a certain state exists22:50
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--- Log closed Tue Apr 19 00:00:51 2016

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