| 01:14:07 | tromp__: | 1 KnC Neptune retails for 10K$. any estimates of cost of manufacture (with R&D amortized over its 18month lifespan) ? |
| 01:14:56 | tromp__: | is 5K$ reasonable estimate? |
| 01:15:45 | [nsh]: | no idea, (out of scope / #bitcoin mebbes) |
| 01:18:25 | tromp__: | (actually price has dropped to 6K$) |
| 01:20:07 | Luke-Jr: | tromp_: off-topic. please take it to #bitcoin-mining or something. (and LOL @ "18 month lifespan") |
| 02:12:51 | zooko`: | zooko` is now known as zooko |
| 02:18:02 | zooko`: | zooko` is now known as zooko |
| 02:31:33 | zooko`: | zooko` is now known as zooko |
| 06:37:02 | Meeh: | Meeh is now known as mikalv |
| 07:01:39 | mikalv: | mikalv is now known as Meeh |
| 07:09:05 | Meeh: | Meeh is now known as mikalv |
| 08:05:15 | verne.freenode.net: | topic is: This channel is not about short-term Bitcoin development | http://bitcoin.ninja/ | This channel is logged at http://download.wpsoftware.net/bitcoin/wizards/. For questions about the logs talk to andytoshi. |
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| 10:23:34 | Dr-G2: | Dr-G2 is now known as Dr-G |
| 15:22:23 | tromp__: | finally, some progress on the NXT forging discussion at https://nxtforum.org/general/forging-questions/ |
| 15:28:37 | dsnrk: | I find that person very difficult to understand. sort of semi-technical comments interspersed with text speak. |
| 15:32:21 | tromp__: | i only got a reply after messaging several nxt people. seems very few nxt ppl understand its technical underpinnings |
| 15:33:03 | dsnrk: | CfB isn't one of them, from memory they have a fairly loose idea of what is going on |
| 15:35:42 | dsnrk: | I tried to get some basic information out of them when NXT was totally closed source |
| 15:50:53 | tromp__: | oh boy. CfB's last reply is a classic |
| 15:51:06 | tromp__: | "The network converges without problems as u can see." |
| 15:51:36 | dsnrk: | yeah, I'm reading it and.. yeah it's the same sort of thing I got from him before. |
| 17:14:22 | Eliel: | rather sloppy answers those :/ |
| 17:16:37 | tromp__: | yeah, i think there's no point in continuing that discussion. they have their heads firmly in the sand |
| 17:21:09 | iddo: | nsh: i'm at crypto2014, what did you want? |
| 17:23:45 | nsh: | to possess you perceptual apparatus with some kind of technovoodoo. it wasn't really clear when i asked |
| 17:23:53 | nsh: | *your |
| 17:24:23 | nsh: | this talk sounded interesting: http://eprint.iacr.org/2014/438 |
| 17:25:00 | nsh: | presumably things will make it the 'tubes eventually |
| 17:36:10 | iddo: | nsh: yes that was the first talk and maybe the most interesting, but stateful encryption can have sync problems etc. depending on the scenario |
| 17:37:35 | nsh: | * nsh nods |
| 19:00:36 | kanzure: | pfft so when i say it i get -1 and when gmaxwell says it.. oh well. (kidding) |
| 19:01:11 | nsh: | says what? |
| 19:02:09 | gmaxwell: | on reddit? if its any consolation I was regularly downvoted on r/bitcoin until more people realized who I was and started pointing it out in responses to me. |
| 19:02:22 | kanzure: | http://sourceforge.net/p/bitcoin/mailman/message/32736165/ |
| 19:05:06 | gmaxwell: | I took that particular comment as support for moving off of github. :P |
| 19:47:28 | Eliel: | * Eliel wonders if the change is because people now realize you most likely know what you're talking about. Or if it's just because of the title. |
| 19:48:33 | nsh: | i've noticed when i wear my Master of the Universe uniform i get a lot more deference |
| 21:14:08 | wyager: | wyager has left #bitcoin-wizards |
| 21:16:16 | wyager: | wyager has left #bitcoin-wizards |
| 22:27:44 | justanotheruser: | Is there any reason to not have OP_EVAL used to softfork new opcodes in? |
| 23:06:15 | petertodd: | justanotheruser: that's exactly how it should be done |
| 23:08:12 | jchp_: | jj |
| 23:10:10 | sipa: | justanotheruser: apart from the fact that we have never softforked new opcodes in, i fully agree :) |
| 23:10:49 | petertodd: | sipa: well, we did softfork the opcode P2SH, a multibyte opcode... :P |
| 23:12:58 | sipa: | i guess it could be interpreted that way |
| 23:13:05 | sipa: | but it wasn't a *new* opcode! |
| 23:13:15 | sipa: | just additional meaning added to an old one |
| 23:13:24 | petertodd: | lol, you could say that |
| 23:15:36 | sipa: | "The multibyte P2SH opcode was actually part of Satoshi's design, and present in v0.1. Due to an implementation bug, it only verified the hash of the redeem script however, rather than full validity of it." |
| 23:17:05 | petertodd: | "Due to an unfortunate git commit mistake, Satoshi released v0.1 without ZKSHARK support" |
| 23:20:24 | nsh: | lol |
| 23:21:50 | petertodd: | nsh: showing cute cryptographers your ZKSHARK scars is a great pickup trick |
| 23:21:55 | coindeskbro: | hey guys what are some of the advantages and disadvantages of micro payment channels? |
| 23:21:58 | nsh: | indeed |
| 23:22:24 | sipa: | coindeskbro: advantage: less transactions on-chain; disadvantage: always a small amount of funds at risk |
| 23:22:38 | petertodd: | coindeskbro: in the hub-and-spoke model they give near-zero tx costs, great for scalability |
| 23:23:01 | petertodd: | coindeskbro: main issue is a business one, in that coins - e.g. capital - are tied up, so it becomes a balance of carrying costs vs. lower fees |
| 23:23:12 | coindeskbro: | what do you mean by small funds at risk? |
| 23:24:16 | sipa: | coindeskbro: sorry, this is not a channel for beginners questions; feel free to discuss specific things if you know how payment channels work |
| 23:24:25 | petertodd: | coindeskbro: one interesting thing w/ micro-payment channels is basically any relationship where you deposit funds to a merchant in advance can be usefully turned into them. For instance exchanges can use them to minimize the amount of customer funds they have access to at any one time; great for security. |
| 23:36:51 | [nsh]: | [nsh] is now known as pastor |
| 23:37:10 | pastor: | pastor is now known as [nsh] |