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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<mryandao>
hmm, but dealing with re-orgs say a day worth of blocks is unpractical in the real world.
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<nsh>
is there any technical merit whatsoever in anything the ideas behind IOTA? (not interested in the spats and other derps, but is their DAG/tangle concept of any theoretical interest?)
<nsh>
where's bsmN when you need them
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<waxwing>
nsh, am i imagining it or did Taek give a talk on DAG at Scaling 2016
<nsh>
also, are there any serious cryptographic proposals for bitcoin protocol improvements to facilitate dust sweeping and mitigate the fee-scaling issue? (the fee tide is ever-rising and as such more and more low-lying utxos are rendered unspendable)
<nsh>
(currently some plaintiff laments about this wrt coinbase, for chitterchatter context)
<nsh>
waxwing, will check. thanks!
<nsh>
wait, some kind of key escrow might make it possible to use a bunch of dust to credit LN routes maybe
<nsh>
i mean you can prove [in principle, not in bitcoin atm] in zero knowledge that you have private keys for amounts that total X without the proof size scaling in the degree of dustiness
<nsh>
so consolidation by proof is viable at a secondary layer
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<pigeons>
nsh: I don't have any interest in or understanding of DAG issues, but recently I've seen people exploring SPECTRE:
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<kanzure>
nsh: yes there were some ideas about low utxo sweeping, but they require a hard-fork, and they really only work for UTXOs using the same scriptpubkeys.
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* nsh
nods
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<kabaum_>
Is there a way to see the witness of the coinbase tx in bitcoin-cli? There is a coinbase witness, containing the witness reserved value, if there is a segwit tx in the block, right?
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<maaku>
nsh: have some sort of utxo commitment and then require spends more then N months/years old to include proofs with the block
<maaku>
then dust accumulation isn't an issue
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