#bitcoin-wizards on 2016-05-01 — irc logs at freenode.irclog.whitequark.org

2015-10-30 00:53 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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03:18 <iLoveTheCoCode> hey guys, im new to bitcoin and am interested in mining. at my place electricity is included in rent, so I want to exploit that resource for bitcoin gains... what mining setup would you recommend that would be most economical??

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03:37 <_r0ach_> I think you're looking for #ProletariatExploitingCapitalOwnersToMineBitcoin

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06:54 <eragmus> Security leak: All Bitcoin private keys may be found within the confines of Pi (https://pbs.twimg.com/media/CfTtNVVXIAAKR-K.jpg)

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15:06 <berndj> eragmus: the very first sentence is wrong. 1.01001000100001000001... is also an "infinite, nonrepeating decimal". the substring "2" does not occur in it though

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16:32 <wallet42> how big are schnorr signatures?

16:32 <wallet42> priv/pubkeys?

16:32 <wallet42> in bytes

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17:42 <NewLiberty> @wallet42 64 bytes instead of 71-72

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17:43 <NewLiberty> https://www.elementsproject.org/elements/schnorr-signatures/

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18:01 <instagibbs> NewLiberty, heh. didnt even knew we had that page. Gotta get familiar with company literature

18:01 <instagibbs> this is for multisig schnorr: https://github.com/sipa/secp256k1/blob/schnorrstages2/src/modules/schnorr/schnorr.md

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18:30 <wallet42> so schnorr is not Elliptic curves?

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18:35 <Alanius> you can instantiate schnorr with elliptic curves, but also with finite fields

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20:15 <bsm1175321> instagibbs: Sorry late to the conversation, I've been out of town. I have read the DECOR+ paper, it's very similar to GHOST and Ethereum's variant. Generally, I'm opposed to paying uncles that contain double-spends, because it makes double-spending easier. katu kind of summed up my view of it as well...

20:16 <bsm1175321> Although, I think striving for faster block times is a VERY important goal. UI/UX of crypto-currencies is horrible because of the speed, and we need to fix that if they're going to be used for anything other than a behind-the-scenes settlement layer.

20:16 <bsm1175321> (FWIW, braids will achieve < 1s effective block times)

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20:17 <bsm1175321> I don't like DECOR or GHOST because they don't remove the fundamental problem: the race condition that exists between all miners who do not have zero latency connections. It's straightforward to remove by not having miners write their own coinbase, and calculating it later after everyone can see everything...

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23:26 <pigeons> congrats amiller

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