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>
how much could you steal by mounting a privkey extraction attack on a bitcoin mining facility?
<nsh>
cheaper/easier to break in physically i suppose in most places
<NewLiberty>
@jonasschnelli Was implementing compression along with encryption in BIP151 considered?
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<maaku>
NewLiberty: p2p protocol isn't very compressable
<sipa>
some 20%-40% max
<sipa>
depending on how resource intensive you want to go
<maaku>
also that's basically what compactblocks is -- compressing the block messages
<maaku>
there's probably some similar work that could be done for tx relay, if there is every demand
<sipa>
it's hashes all the way down
<instagibbs>
just figure out how to compute preimages fast. Easy!
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<jonasschnelli>
NewLiberty: During the BIP151 disussions, compression was never mentioned for the reason sipa mentioned (it's not worth IMO).
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<sipa>
if useful, it can always be added later
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<maaku>
if segwit took a per-input nonce, there could be higher level protocols for doing things like proof of stake with delegated keys without revealing the spend keys
<maaku>
at the cost of 32 witness bytes per input
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<nanasho>
So, CSV needed 95% correct? I assume then it is locked in
<maaku>
nanasho: BIP 9 only activates on retargetting periods
<maaku>
*on retarget blocks
<maaku>
so not yet... but soon
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<nanasho>
thanks maaku
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