sipa changed the topic of #bitcoin-wizards to: This channel is for discussing theoretical ideas with regard to cryptocurrencies, not about short-term Bitcoin development | http://bitcoin.ninja/ | This channel is logged. | For logs and more information, visit http://bitcoin.ninja
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<nsh>
pardon me, that's a program for the complex structure, it doesn't extend to RH
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* adlai
thanks nsh for that bite-sized explanation of Shor's algorithm
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<esotericnonsense>
re claims a few hours back about PoS and 'maximum delay'
<esotericnonsense>
and synchronicity of the network
<esotericnonsense>
it's happened before and probably will happen again, but the recent issue seems pretty relevant on that point
<sipa>
esotericnonsense!
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<esotericnonsense>
how the design functions during offline periods is quite relevant, if you had the network (or half of it, or 75% of it, or whatever) offline for 2 hours in Bitcoin it would barely matter
<esotericnonsense>
aside from difficulty weirdness you don't even need a clock
<esotericnonsense>
sipa: hello!
<esotericnonsense>
(I am just here for a few seconds and heading out.. somehow happened to have this channel open :P)
<esotericnonsense>
hope you are well
<sipa>
o/
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<waxwing>
i have a suspicion that this isn't new (did i see a talk about it a year or so ago?) but it might be relevant to above discussion: https://arxiv.org/pdf/1809.06528.pdf
<waxwing>
"Formal Barriers to Longest-Chain Proof-of-stake protocols
<adlai>
Key intuition: 280 characters isn't enough, we need... 4960!
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<roasbeef>
waxwing: iirc they gave a talk at BPASE earlier this year, and mentioned they had a paper coming out later, so that may be where you first saw some of their arguments
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<esotericnonsense>
I'm rather inebriated right now, but a brief scan of that really has me stalling at the "under ideal network conditions" bit
<esotericnonsense>
(waxwing's linked paper)
<esotericnonsense>
there's an issue at another level which is that the protocol is not guaranteed to be what you think it is, and its behaviour under those circumstances is also important
<esotericnonsense>
i suppose that's an issue of defining what is the 'network' and what isn't
<esotericnonsense>
basically, if you think the network functions as "a" and actually it functions as "b", can you stall for some time and recover a state in which the rules of "a" can continue without issue, or is it irreperably broken now because of that period
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