| --- Log opened Fri May 06 00:00:07 2016 | ||
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| fluffypony | where's the quote from that you're responding to ? | 00:53 |
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| Taek | bsm, a couple days of scrollback I think. Missed a bunch of stuff while at Consensus | 01:04 |
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| instagibbs | agreed | 06:23 |
| instagibbs | getting secure settlement layer is primary concern | 06:23 |
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| bsm117532 | Taek: There's certainly a fastest speed given your security assumptions, and indeed it's set by the size of the Earth, and that block time is around ~1s. We're 600 times slower. There are valuable improvements to be made. | 17:18 |
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| gmaxwell | 1s makes sense only if you don't mind if it never converges. | 17:55 |
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| midnightmagic | Plus doesn't it mean that it only ever travels in a single straight line? | 17:57 |
| Taek | midnightmagic: I'm not sure what you are asking? Information can travel in a sphere? | 17:59 |
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| midnightmagic | No, I mean 1s I think might be assuming that blocks don't propagate in a *network*. Oh and also there's zero validation time. | 17:59 |
| bsm117532 | gmaxwell: obviously requires redefining the "chain" structure to eliminate the orphan race... | 18:02 |
| kanzure | that doesn't count until you finish your document and publish | 18:03 |
| bsm117532 | Yeah a straight up 1s block time bitcoin clone would never converge. ;-) | 18:03 |
| bsm117532 | kanzure: I've got a long train ride tomorrow...and a laptop. | 18:03 |
| bsm117532 | Is anyone here following the Ethereum Casper plans? I missed a talk about it a couple days ago, but I still don't think it makes any sense... | 18:05 |
| Taek | informal conversations with Vlad, the primary author of Casper, suggest that Vlad/Vitalik aren't yet comfortable with the current protocol and wouldn't hardfork Ethereum to proof-of-stake until they've got something improved/finalized | 18:07 |
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| bsm117532 | That's good to hear. Everything I've heard so far, including their determination to move to something that doesn't exist...scare me. | 18:08 |
| Taek | After their major crowd fund I think they felt invincible. They underestimated the problem. I realized that Vitalik is a lot smarter than I previously gave him credit, and now I'm more optimistic about Ethereum not doing anything really dumb in their protocol | 18:10 |
| bsm117532 | Their current design (and I think any possible "fix") can be killed by making a fork with a length equal to the bail-in time for security deposits. So after 4 months I'm going to make 10,000 forks at near-zero cost to me, and watch everyone try to figure out which one is "weakly subjectively" the right one. | 18:10 |
| Taek | hmm, maybe I shouldn't speculate though. | 18:10 |
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| bsm117532 | Taek: I heard from someone else that Gavin Wood would veto it if it didn't work, and did after Vlad invented a broken memory-hard PoW algorithm... So hopefully wisdom will prevail. | 18:12 |
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| --- Log closed Sat May 07 00:00:07 2016 | ||
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