#bitcoin-wizards on 2018-01-16 — 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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01:18 <maaku> contrapumpkin: ANY smart contract can reduce to N-of-N multisig in the cooperative closure case, which is the same as a lightning-like channel

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01:55 <contrapumpkin> what do y'all think of ZKCSP as a concept?

01:56 <contrapumpkin> (Zero-Knowledge Contingent Service Payments, as outlined in http://stevengoldfeder.com/papers/ZKCSP.pdf which is the paper attached to that talk linked above)

01:56 <contrapumpkin> I guess the motivation with their two examples is that producing the ZKP is very computationally intensive, so you don't just want to provide such proofs for free?

01:57 <contrapumpkin> at the same time, a few exchanges already provide those proofs of solvency for free, so that seems less obviously valuable to me

02:00 <contrapumpkin> anyway, as a generalization it seems possibly handy, but I still don't really get what situations it would really apply in

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21:22 <Alanius> how difficult would it be to introduce a new opcode to the effect of "verify the attached stark"?

21:24 <Alanius> that would enable a pay-to-stark-hash type transaction which could be as smart as you like without charging the miners with the expensive cost of verifying the smart contract

21:27 <Alanius> (ignoring the fact that anyone wishing to cash in on the prize would have to convince the miners to include his rather large transaction into the limited capacity block; but we can assume that the starks of the future will be more concise)

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21:39 <andytoshi> technically not very hard at all

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21:39 <andytoshi> but politically, we'd need a waay better scalability/complexity ratio

21:40 <andytoshi> having said that, you can use STARKs aleady, by using ZKCP, in many contexts

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22:11 <pancakes09> Hello, I'm new to Bitcoin and had some questions

22:12 <belcher> please goto #bitcoin, its a better channel for that

22:12 <pancakes09> I got redirected to bitcoin-bans for some reason

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23:01 <Mechmonkey_> Hi guys

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