| 07:20:53 | Emcy_: | eh bitnodes.io got a foundation grant |
| 07:20:56 | Emcy_: | thats pretty cool |
| 07:21:19 | Emcy_: | I wonder if thier numbers are more accurate now |
| 07:54:19 | Emcy_: | "While 50% of blocks were |
| 07:54:19 | Emcy_: | broadcast to 25% of the nodes in less than 22 seconds, 17 minutes are needed to |
| 07:54:19 | Emcy_: | relay 50% of the transactions to the 25% of the nodes." |
| 07:54:24 | Emcy_: | no way that cant be right |
| 08:31:20 | andytoshi: | j bitcoin |
| 09:29:24 | otoburb: | otoburb is now known as Guest37415 |
| 13:36:56 | home_jg: | home_jg is now known as jgarzik |
| 16:11:53 | phantomcircuit: | Emcy_, that sounds incorrect |
| 16:12:09 | phantomcircuit: | Emcy_, the longest i saw it take a node to receive a block ~1 year ago was 5 minutes |
| 16:12:15 | phantomcircuit: | the next was 3 minutes |
| 16:22:35 | phantomcircuit: | gmaxwell, dear god reddit users think they understand bitcoin |
| 16:22:50 | phantomcircuit: | they wont stop trying to figure out what happened at mtgox |
| 16:22:54 | phantomcircuit: | and they're always wrong |
| 16:22:57 | phantomcircuit: | make it stahp |
| 16:23:42 | sipa: | phantomcircuit: stop reading redding |
| 16:23:46 | sipa: | *reddit |
| 16:24:19 | phantomcircuit: | sipa, :/ |
| 16:24:40 | phantomcircuit: | sipa, ps ~100usec for ckey/keymeta/pool entires |
| 16:24:49 | phantomcircuit: | approximately evenly split between them |
| 16:25:44 | phantomcircuit: | still seems like a long time though |
| 16:26:14 | phantomcircuit: | getting closer to irrelevant though |
| 16:46:13 | phantomcircuit: | sipa, heh 15% of that time is just spent inserting into an std::map |
| 16:46:17 | phantomcircuit: | i guess this is where i stop |
| 16:48:54 | sipa: | yeah, we need to start using hashmaps |
| 16:50:41 | phantomcircuit: | sipa, a good amount of time is spent calculating hashes that could be cached |
| 16:50:53 | phantomcircuit: | but not enough that it's worth possibly screwing up the caching |
| 18:11:33 | gmaxwell: | so!!! |
| 18:11:46 | gmaxwell: | that threshold for ecdsa paper aparently works but was incomplete and somewhat incorrect. |
| 18:12:01 | gmaxwell: | And there is a team at princeton that has implemented it in java. |
| 18:12:27 | gmaxwell: | and it does all the right stuff, though it requires interactive setup, it doesn't have any single-show restriction. |
| 18:14:23 | gmaxwell: | (basically I think it's entirely as good a schnorr signatures, with the exception that N of N still requires interactive setup) |
| 18:15:00 | gmaxwell: | it sounded we can BIP32 this stuff too but I'm unclear on the specifics there. |
| 18:15:10 | gmaxwell: | (e.g. with one interactive setup we can generate more addresses) |
| 18:17:03 | midnightmagic: | gmaxwell: Would you mind posting a cite or link to the paper and/or information on the princeton java imp? |
| 18:18:06 | gmaxwell: | There is a paper! but I don't know if it's published yet. But I will soon. (and I'm mentioning it here so that you'll all nag me to get it if I forget) |
| 18:34:14 | midnightmagic: | I promise to nag! |
| 18:42:27 | hearn: | gmaxwell: \o/ |
| 18:42:51 | hearn: | gmaxwell: that’s excellent news. especially the java part >:) |
| 18:44:50 | hearn: | though the interactive setup part might prove tricky in practice |
| 18:48:19 | hearn: | gmaxwell: you’re talking about the one i pointed out the other day on the bitcointalk thread, right? just to be clear …. the egyptian one |
| 19:09:59 | topynate: | i just skimmed the egyptian paper. sorry if this is a dumb question - is the scheme described there directly applicable to bitcoin? as in, with secp256k1 as the EC it makes transaction signatures that the protocol will accept? |
| 19:14:25 | justanotheruser: | In a world where Bitcoin is used in 50% of all transactions and there are 5000 coinmaiden 1to1 pegged blockchains, how are people going to do SPV? Just have a massive list of seednodes for each altchain and query them? |
| 19:15:36 | justanotheruser: | Also, will people probably do coinswaps to change between altchains rather than going through the mainchain? |
| 20:14:23 | jtimon: | jusanother user, yes, coinswap is a aster way to move between chains, but it needs an agreement |
| 20:16:28 | jtimon: | justanotheruser, I don't know if 5000 altchains can share proof of work, you can have many private chains though |
| 20:17:35 | jtimon: | the limit in pow is still bandwidth, 2 way peg doesn't change that |
| 20:20:18 | jtimon: | but it can make private chains much more secure |
| 20:31:10 | nikitab: | gmaxwell: awesome! do they have a security proof? |
| 22:03:57 | maaku: | justanotheruser: coin swaps would be the mainstay mechanism for doing exchanges |
| 22:04:10 | maaku: | pegging is just a mechanism for market makers to adjust their holdings |
| 22:04:34 | maaku: | justanotheruser: I'm not sure I understand your question about SPV |
| 22:04:48 | maaku: | there would be different networks for each side chain, yes |
| 22:27:42 | HM: | i keep googling sipahash instead of siphash |
| 22:29:54 | maaku: | sighash? |
| 22:30:18 | maaku: | oh, SipHash |
| 23:33:08 | BlueMatt: | why the hell has this not been posted here yet? http://www.forbes.com/sites/andygreenberg/2014/03/25/satoshi-nakamotos-neighbor-the-bitcoin-ghostwriter-who-wasnt/ |
| 23:33:15 | BlueMatt: | shitty article, but hal deserves at least something |
| 23:33:50 | BlueMatt: | well, ok, good article that insistently mentions satoshi and dorian, but the other parts were nice |
| 23:34:18 | Luke-Jr: | assuming Hal wants the attention |
| 23:34:27 | BlueMatt: | hal did agree to meet him |
| 23:48:42 | midnightmagic: | he's a good person. one day good people won't have to suffer like that. |
| 23:54:13 | maaku: | Hal is awesome |