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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<kabaum>
Hi, I'm curious of if miners currently configure/hack their software. Rusty Russell has indicated to me that most miners actually run bitcoind with default settings. Are there any indications that this may not be the case? I'm thinking about RBF policy, transaction selection, etc. Are there any evidence of selfish mining for example? Are there any writeups on this somewhere?
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<bramc>
Still no sign of katu. I wonder if he really did have a better proof of space. I most definitely look like to know about it if he did.
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<kanzure>
bramc: he published his paper a week ago
<bramc>
kanzure, Awesome, link?
<kanzure>
yeah i sort of ignored this one. /me looks
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<kanzure>
oh i have the wrong person in mind. i'm thinking of kushti, who did an "interactive proof-of-stake" paper: http://arxiv.org/abs/1601.00275 (alexander chepurnoy)
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<adlai>
bsm117532: dead baby jokes will increase Bitcoin's mass market appeal,bringing exactly the kind of live babies Bitcoin must attract to survive
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<bramc>
The whiny ragequit award goes to Mike Hearn. He even goes so far as to criticize segwit for 'only' adding 60% capacity, and says that it's 'too complicated' as if there's no reason for it other than the capacity increase.
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* adlai
has a sense that he doesn't think there's a reason for bitcoin other than visa, either
<adlai>
which is fine, people are allowed to hold wrong opinions
<adlai>
kabaum: have you heard of SPV mining?
<adlai>
it's a phenomenon wherein miners who execute a purely rational hack in an unfortunate manner increase the frequency of multi-block reorganizations
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<JackH>
the article on Nytimes is a one sided story, apparently only told by Mike
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<bsm117532>
Sounds like you're confusing SPV mining and selfish mining. Not the same thing...
<op_null>
Do any bitcoin devs here think Vlad Zamfir's Casper proposal for PoS will work?
<JackH>
it makes it sound like poor little Mike lost to maxwell, the guy they love to attack
<JackH>
god what a rotten world
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<adlai>
bsm117532: how so?
<bramc>
op_null, I doubt any of the core devs have looked into it in detail. Proof of stake isn't a popular thing to work on, because even if one were to fix all the myriad problems it has, some rather fundamental, it's still a centralized system, albeit a decentralized centralized system.
<Taek>
I'd rather keep politics to #bitcoin or #bitcoin-wizards-offtopic (yes, its a channel with people in it :)
<Taek>
(wrt hearn-maxwell-nytimes discussion)
<bramc>
op_null, I just took a quick glance at the casper docs. The concept of relying on bonding makes the hairs on the back of my neck stand on end.
<op_null>
bramc: It seems economically valid, the way they have setup the incentives
<op_null>
i've very bullish on it
<adlai>
Taek: ah sorry, I thought you meant that PoS belongs in -offtopic... it definitely counts as politics!
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<bramc>
Taek, I'd intended to discuss the technical aspects of Hearn's rage quit, but... there isn't much of anything there really. Like him saying that greg maxwell should be discounted because he once proved that bitcoin can't work. Greg's proof is, in fact, valid, *making certain assumptions*, and those the details of how those assumptions are wrong are very important and explains why we need the screaming horror which is bit
<bramc>
coin mining.
<bramc>
op_null, Forcing bonding opens the system to outright theft of bonds in all kinds of myriad ways. It's a dangerous road.
<adlai>
how's apolitical PoS coming along?
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<op_null>
bramc: theft of bonds? thats impossible. Only if you bet on the wrong block you lose your bond