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| 10:04:20 | stevenroose: | i have a question |
| 10:04:54 | stevenroose: | I believe that the limit of keys in an m of n transaction was something like 15, right? |
| 10:05:06 | stevenroose: | let me check |
| 10:05:55 | stevenroose: | 16 it is |
| 10:06:30 | stevenroose: | is there a way to let say 100 private keys control some funds? |
| 10:48:59 | fluffypony: | stevenroose: yes, split the funds up into 7 groups |
| 11:42:02 | stevenroose: | fluffypony, well, if I want 90 of 100 sig |
| 11:42:11 | stevenroose: | is that possible by splitting? |
| 11:43:49 | antanst: | stevenroose: you can use shamir's secret |
| 11:46:32 | gmaxwell: | antanst: thats not a multisignature; you have to trust the device they're reassembled on completely; if you could do that.. why bother splitting? just leave your keys there. |
| 11:46:37 | stonecoldpat: | i was gonna say shamir's secret as well, but IIRC, once the 90 people agree to produce the key required to do the signature - then any one of them can spend the coins whatever way they want |
| 11:47:13 | antanst: | gmaxwell: You've got a point |
| 11:47:45 | gmaxwell: | stevenroose: assuming you're asking for a multisignature, a 90 of 100 is not really feasable today; but see my recent talk from the SF meetup where I talk a bit about a scheme that is basically ideal for 90 of 100. |
| 11:50:22 | gmaxwell: | sipa: intel just started shipping chips with http://en.wikipedia.org/wiki/Intel_ADX |
| 12:02:54 | kanzure: | phantomcircuit: he should just start signing stuff as jgarzik instead |
| 12:03:38 | kanzure: | stevenroose: the talk he is talking about is http://diyhpl.us/wiki/transcripts/gmaxwell-bitcoin-selection-cryptography/ |
| 12:05:49 | stevenroose: | thanks, kanzure |
| 12:06:21 | stevenroose: | what are the odds of this becoming possible in bitcoin in the future? |
| 12:12:19 | kanzure: | manykey thresholds? i'd say high. schnorr stuff seems to work. |
| 13:39:25 | stevenroose: | especially the polychecksig sounded promising |
| 13:39:34 | stevenroose: | gmaxwell, any news on that? |
| 14:38:53 | c0rw1n: | c0rw1n is now known as c0rw|away |
| 15:23:47 | zooko: | Are there any real prediction markets or derivatives markets in cryptocurrencies yet? |
| 16:01:56 | sl01: | zooko: maybe bitshares? not sure if that would count |
| 16:03:18 | andytoshi: | there is truthcoin but that is a long way away from being "real" |
| 16:14:41 | stonecoldpat: | does anyone know of a statistic site like p2sh.info that shows the total number of bitcoins kept using pay to pubkey hash? p.s. whoever made the p2sh one did a good job, it looks really nice |
| 16:17:19 | sipa: | stonecoldpat: sorry for not responding yet to your mail |
| 16:17:38 | sipa: | i'll be on vacation the next two weeks |
| 16:17:52 | stonecoldpat: | oh no worries i thought you had been |
| 16:24:34 | williamdunne: | stevenroose: For 90 of 100 sig you could have 15 servers doing 13 of 15 multisig and have 6-7 users per server. Build out signing mechanism that way. |
| 16:24:54 | williamdunne: | Really hacky way and would require a fair amount of work, but just a thought |
| 16:47:27 | antanst: | antanst has left #bitcoin-wizards |