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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<harding> gleb: in Erlay, how'd you address differing minimum feerates between peers? E.g. Alice's minfeerate is higher (more restrictive) than Bob's. Does Bob take that into account when generating a sketch, e.g. by only using transactions in his mempool whose feerate is above Alice's BIP133 feefilter setting to create his sketch? Or are you only creating sketches for the top n MB of data in the
<harding> mempool? Or did Erlay save enough bandwidth on its own that worrying about Alice requesting some low-feerate transactions she'd just throw away anyway wasn't important? (Or something else?)
<instagibbs> IIRC for erlay you're basically computing what invs you *would have* sent within that time period, so I don't think it matters much?
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<instagibbs> though using feefilter hint that's already sent over p2p makes a lot of sense i think
<sipa> harding: right, what instagibbs says
<sipa> you don't reconcile the mempools directly; that would be a problem as it would cost repeating bandwidth on every reconciliation when there is a divergence (when there is a double spend for example)
<sipa> instead, you reconcile sets of transactions you would have announced, but didn't because flooding is restricted to 8 outgoing peers
<sipa> with the set of transactions the other party would have relayed to you during the same time interval
<sipa> this way, every transaction is only ever attempted to be reconciled once
<sipa> over every link
<harding> Ah. I thought that's what it did, but then I think I got confused somewhere. Thanks!
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<instagibbs> https://eprint.iacr.org/2019/611 Utreexo: A dynamic hash-based accumulator optimized for the Bitcoin UTXO set
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<gleb> \0/
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<lopp> hello wizards, I'm trying to compile a list of protocol development philosophies because I think there's a lot of unwritten / hard to find knowledge. this is a very rough draft but I'd appreciate any input / additions / corrections: https://docs.google.com/document/d/1CfDcJMw3bErBhZ56aIpDpe4ZpLAFrApN1LVQYHEgnco/edit?usp=sharing
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