--- Day changed Sat Sep 12 2015 00:09 -!- maaku [~quassel@173-228-107-141.dsl.static.fusionbroadband.com] has quit [Remote host closed the connection] 00:10 -!- maaku [~quassel@173-228-107-141.dsl.static.fusionbroadband.com] has joined #lightning-dev 00:10 -!- maaku is now known as Guest83078 00:13 -!- pepesza [~pepesza@public-gprs353875.centertel.pl] has joined #lightning-dev 00:49 -!- pepesza [~pepesza@public-gprs353875.centertel.pl] has quit [Ping timeout: 252 seconds] 00:50 -!- bedeho [~bedeho@50-202-37-133-static.hfc.comcastbusiness.net] has quit [Ping timeout: 240 seconds] 00:58 -!- mjerr [~mjerr@p5B209723.dip0.t-ipconnect.de] has joined #lightning-dev 01:10 -!- pepesza [~pepesza@public-gprs353875.centertel.pl] has joined #lightning-dev 01:11 -!- Ylbam [uid99779@gateway/web/irccloud.com/x-yzgwprydnrahkujs] has joined #lightning-dev 02:11 -!- pepesza [~pepesza@public-gprs353875.centertel.pl] has quit [Ping timeout: 264 seconds] 06:36 -!- pepesza [~pepesza@public-gprs361930.centertel.pl] has joined #lightning-dev 06:52 -!- Guest83078 is now known as maaku 07:03 -!- CodeShark [~androirc@64.18.85.10] has joined #lightning-dev 07:12 -!- pepesza [~pepesza@public-gprs361930.centertel.pl] has quit [Ping timeout: 264 seconds] 08:01 < Taek> I had an idea for a simulation 08:03 < Taek> set up a theoretical network with a set of nodes, and then set a settable number of channels per node, value per channel, and average transaction vlaue 08:03 < Taek> and then you see how frequently channels need to be reset in the various topologies 08:04 -!- zmanian [~zmanian@64.18.85.10] has joined #lightning-dev 08:04 -!- zmanian [~zmanian@64.18.85.10] has quit [Remote host closed the connection] 08:04 < Taek> nodes will make random sized payments to eachother at random interavls and you implement a routing protocol to do perfect routing to keep the channels balanced 08:05 < Taek> the goal would be to get some idea of how many channels per node is typically optimal 08:06 -!- bedeho [~bedeho@50-202-37-133-static.hfc.comcastbusiness.net] has joined #lightning-dev 08:24 < aj> Taek: how does "resetting" a channel work though? if "i send fiat to an exchange, and they send me money via lightning" is okay, you almost never have to hit the blockchain. 08:28 < Taek> aj: if an exchange sends you money via lightning it weights your channels toward you in ways that can't be reversed 08:28 < Taek> at least not with more net transfer 08:29 < Taek> *not without 08:36 -!- trippysalmon [rob@2001:984:6466:0:e491:a49a:4681:6c7] has joined #lightning-dev 09:04 < aj> Taek: right -- you spend money via lightning, weighting your channels against you; then you give fiat to an exchange who sends money back to you via lightning, resetting your channel; then you spend more money, rinse repeat. (reverse if you're receiving money in general) 09:24 < Taek> in that case your fiat is essentially serving as a separate channel 09:25 < Taek> it's fine while the majority of economic activity is in fiat but starts to break down later 09:25 < Taek> additionally, the person that you are sending the btc too are having a net increase in networth 09:25 < Taek> weighting their channels towards them 09:26 < Taek> and they can only even out the network by selling to the fiat exchange 09:33 -!- jtimon [~quassel@24.114.104.106] has joined #lightning-dev 09:55 -!- jtimon [~quassel@24.114.104.106] has quit [Ping timeout: 264 seconds] 09:58 -!- CodeShark [~androirc@64.18.85.10] has quit [Read error: Connection reset by peer] 09:59 -!- CodeShark [~androirc@64.18.85.10] has joined #lightning-dev 10:00 -!- CodeShark [~androirc@64.18.85.10] has quit [Read error: Connection reset by peer] 11:08 -!- mjerr [~mjerr@p5B209723.dip0.t-ipconnect.de] has quit [Ping timeout: 244 seconds] 11:15 -!- Yoghur114 [~jorn@g227014.upc-g.chello.nl] has quit [Read error: Connection reset by peer] 11:24 -!- trippysalmon [rob@2001:984:6466:0:e491:a49a:4681:6c7] has quit [Ping timeout: 250 seconds] 12:29 -!- Yoghur114 [~jorn@g227014.upc-g.chello.nl] has joined #lightning-dev 13:23 -!- ghtdak [~ghtdak@unaffiliated/ghtdak] has quit [Quit: WeeChat 1.4-dev] 13:50 -!- ghtdak [~ghtdak@unaffiliated/ghtdak] has joined #lightning-dev 13:59 -!- pepesza [~pepesza@ip-193-239-80-155.merinet.pl] has joined #lightning-dev 14:35 -!- rusty [~rusty@pdpc/supporter/bronze/rusty] has joined #lightning-dev 14:39 -!- KFl6WxEUI1Zbp2 [~konichiwa@c-73-189-234-152.hsd1.ca.comcast.net] has joined #lightning-dev 14:39 -!- pepesza [~pepesza@ip-193-239-80-155.merinet.pl] has quit [Ping timeout: 264 seconds] 14:44 -!- jtimon [~quassel@24.114.104.106] has joined #lightning-dev 15:08 -!- go1111111 [~go1111111@162.244.138.37] has quit [Ping timeout: 255 seconds] 15:10 -!- go1111111 [~go1111111@162.244.138.37] has joined #lightning-dev 15:12 -!- go1111111 [~go1111111@162.244.138.37] has quit [Excess Flood] 15:14 -!- rusty [~rusty@pdpc/supporter/bronze/rusty] has quit [Ping timeout: 250 seconds] 15:14 -!- jtimon [~quassel@24.114.104.106] has quit [Ping timeout: 244 seconds] 15:18 -!- go1111111 [~go1111111@162.244.138.37] has joined #lightning-dev 15:23 -!- CodeShark [~androirc@64.18.85.10] has joined #lightning-dev 15:23 -!- CodeShark_ [~androirc@64.18.85.10] has joined #lightning-dev 15:23 -!- CodeShark [~androirc@64.18.85.10] has quit [Read error: Connection reset by peer] 15:25 -!- CodeShark_ [~androirc@64.18.85.10] has quit [Read error: Connection reset by peer] 18:54 -!- KFl6WxEUI1Zbp2 [~konichiwa@c-73-189-234-152.hsd1.ca.comcast.net] has quit [Quit: ZZZzzz…] 19:00 -!- Ylbam [uid99779@gateway/web/irccloud.com/x-yzgwprydnrahkujs] has quit [Quit: Connection closed for inactivity] 19:54 -!- KFl6WxEUI1Zbp2 [~konichiwa@108-222-68-218.lightspeed.sntcca.sbcglobal.net] has joined #lightning-dev 22:32 -!- KFl6WxEUI1Zbp2 [~konichiwa@108-222-68-218.lightspeed.sntcca.sbcglobal.net] has quit [Quit: ZZZzzz…] 22:52 -!- KFl6WxEUI1Zbp2 [~konichiwa@50.141.69.157] has joined #lightning-dev 22:53 -!- pepesza [~pepesza@ip-193-239-80-155.merinet.pl] has joined #lightning-dev 22:58 -!- pepesza [~pepesza@ip-193-239-80-155.merinet.pl] has quit [Ping timeout: 252 seconds] 22:59 -!- KFl6WxEUI1Zbp2 [~konichiwa@50.141.69.157] has quit [Ping timeout: 244 seconds] 23:39 -!- mjerr [~mjerr@91.32.151.35] has joined #lightning-dev 23:51 -!- pepesza [~pepesza@ip-193-239-80-155.merinet.pl] has joined #lightning-dev