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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<adam27> who created proof of stake?
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<Taek> adam27: the first I remember hearing about it was Peercoin
<Taek> though, I wasn't really paying too much attention at the time, it's possible someone else came up with it first
<renlord> iirc, even before peercoin, proof of stake was discussed and then it was apparent that it wouldn't work due to the nothing at stake problem.
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<adam27> the earliest reference i've been able to find is here: https://bitcointalk.org/index.php?topic=27787.0
<adam27> july 11 2011
<adam27> and peercoin was introduced in august 2012
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<instagibbs> proposed Dandelion BIP for Bitcoin txn relay: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-June/014571.html
<instagibbs> Great to see an implementation amiller
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<spogorono> hi all, is this the right place to talk about the dandelion bip?
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<sipa> i'd say yes
<spogorono> cool, i had a thought about the case of a malicious node acting like it never received a stem phase tx; seems to me that the random timeout triggering a fluff earlier in the stem is biased towards the origin
<spogorono> unless the variance of the fluff timeout is wayyy higher than the expected propagation time along the stem
<spogorono> does that make sense?
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<instagibbs> spogorono, BIP mentions 30-60 seconds, but this is just a parameter to pick depending on network
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<spogorono> ah, i must have read over that detail in my excitement, thanks for pointing it out... seems like the propagation time should then be negligible compared to the timeout variance
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<Beautato> anyone know the etherium channels?
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