--- Log opened Fri Jan 03 00:00:49 2014
01:12 < gmaxwell> jgarzik: second thoughts yet? http://www.reddit.com/r/Bitcoin/comments/1uagqx/if_you_dont_know_bitcoin_has_just_included_an/
01:13 < gmaxwell> Luke-Jr: ^
01:17 < Luke-Jr> gmaxwell: it doesn't help that Gavin pretty much said exactly this in his blog -.-
01:26 < gmaxwell> BlueMatt: I've got a feature for your coin generator.
01:27 < gmaxwell> BlueMatt: there should be something that lets you punch in a formula for a future exchange rate to be displayed in the client.
01:27 < gmaxwell> (some altcoins have an exchange ticker in their clients… screw that. Just have them provide a formula as a function of time/height/txn volume)
05:17  * michagogo|cloud wonders why Magiccoin's difficulty didn't go up upon passing the 2016 block maek
05:17 < michagogo|cloud> mark*
05:19 < brisque> michagogo|cloud: maybe BlueMatt was messing with the parameters?
05:19 < michagogo|cloud> brisque: Hmm? You can't mess with the parameters
05:19 < michagogo|cloud> Just name it, pick a port, upload an image
05:20 < BlueMatt> michagogo|cloud: I didnt change the genesis, so...it took years for the first block set...
05:20 < michagogo|cloud> Ahhhhhhhh
05:20 < brisque> michagogo|cloud: you can now, but maybe magiccoin was one of bluematts creations.
05:20 < michagogo|cloud> That'll do it
05:20 < michagogo|cloud> brisque: You can? :O
05:20 < michagogo|cloud> Ooh
05:20 < brisque> you can now, it's got a tonne more features.
05:20 < brisque> by the looks of it you'll need a petahash machine to manage to get above diff 1 though
05:22 < michagogo|cloud> brisque: Nah, should rise at the next 2016, I think
05:22 < michagogo|cloud> "Port must be divisible by 2 if the PoW is SHA256"?
05:22 < michagogo|cloud> Why?
05:24 < BlueMatt> michagogo|cloud: thats an artifact of me creating a little node that lets you auto-bootstrap your network
05:24 < BlueMatt> (it manages peers and such)
05:24 < BlueMatt> but needs to know what genesis block you're gonna be using
05:25 < BlueMatt> michagogo|cloud: anyway, this is ot for -wizards
07:16 < brisque> did anybody have a look at the "descendant of Bitcoin" ala NXT?
07:16 < brisque> they released the source of an older client, a single monolithic file
07:20 < brisque> releasing a broken version that can't connect to their network was a stroke of genius.
07:21 < sipa> i's pure proof-of-stake, which suffers from the "nothing at stake" problem (you can mine on all forks independently without spending more resources than on one, leading yo oroblems in convergence if a significant portion if hashpower does this)
07:21 < sipa> but i'm sure that's not the only problem
07:28 < brisque> if nothing else, I'm very glad Bitcoin doesn't use raw integers for it's addresses, the NXT ones are almost indecipherable when you look at them in the source.
08:25 < maaku> BlueMatt: people are actually using it. crazy
08:25 < maaku> you should have made the fees higher
09:12 < adam3us> maaku: its the beauty of it ... say it relatively dead pan and different people think its the best thing since sliced bread for very different and conflicting reasons, and yet all end up achieving the desired outcome :)
14:50 < jtimon> that one bothers me because it is proprietary software, but it was sad to hear Bill Still "I'm a non-techincal newbie but I've chosen Quark because it has the more secure algorithm"
14:51 < jtimon> some part of me was happy for seeing this "greenbacker" interested in p2p currencies, the other part of me was a facepalm
22:50 < gmaxwell> Been talking about people getting scammed in another channel (geesh, some scammer on the forum just got 200 btc from a single person!) Posted this: https://bitcointalk.org/index.php?topic=398041.0 " 	
22:50 < gmaxwell> Cryptographically private loan risk management "
--- Log closed Sat Jan 04 00:00:52 2014