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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<Jmabsd> not one bitcoin block last 40 minutes?
<Jmabsd> 120-50min ago had even 10 minute intervals, now not one in 50min.
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<waxwing> Jmabsd, #bitcoin please
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<Jmabsd> waxwing: how do you differentiate queries between #bitcoin and here
<waxwing> Jmabsd, see the topic. discussion of theoretical ideas, not of current bitcoin.
<Jmabsd> ah ic
<Jmabsd> waxwing: had missed it, thanks for pointing out.
<waxwing> the main reason it matters is only because people keep logs of this and if it's full of stuff that's just general bitcoin it'll be hard to find the material that's relevant.
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<elichai2> Current bitcoin multisig tolerates up to n-k malicious parties, right? (in a k of n scheme)
<elichai2> i.e. if you have 3 of 5, then if up to 2 parties did something malicious(i.e. giving a bad key) you can still recover the funds, but if more then n-k do then you're sutck
<elichai2> *stuck
<instagibbs> giving a bad key, meaning they cannot sign for themselves?
<instagibbs> that's an attack i guess, but yeah
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<sarang> Isn't the assumption of `k` available parties implicit in all threshold constructions?
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<sipa> elichai2: you can have policies like 3-of-5 that degrade into 2-of-5 after some time, for example
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<elichai2> sipa: aren't you in vacation? lol
<elichai2> instagibbs: yeah. in a threshold scheme you might not trust everyone involved, even for them to give valid keys
<instagibbs> elichai2, you were asking about current bitcoin multisig, but perhaps I don't know what you're actually asking
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<elichai2> current bitcoin multisig is also a threshold scheme. where everyone gives their public keys and agree on a threshold
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<sipa> elichai2: oops, right
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<pinheadmz> in message signing, why do we offset the recid by a value of 27 ? Is there a reason that number was selected?
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<nsh> pinheadmz, "Frankly, I just picked a range of numbers whose binary representation wouldn't easily collide with those of addresses (0, 111), secret keys (128, 239), public keys (2-7) or signatures (48). At the time, I didn't really expect it to end up in the message signing feature eventually." -- https://bitcoin.stackexchange.com/questions/5082/why-do-compact-signatures-need-to-start-with-a-byte-27-35
<nsh> oh no, that's another matter
<pinheadmz> nsh: yeah "I'll try to write a full answer later." -- was hoping to dig something up
<pinheadmz> avoiding collision with other prefixes makes sense, ty
<nsh> i think it might be standard part of pubkey recovery for secp256k1
<nsh> but as sipa says in the link above, you can also use 28,29,30 and get different points/keys
<nsh> so i guess it relates to the arithmetic
<nsh> 27 is the coefficient of b^2 in the Weierstrass form of the curve, which may not be a coincidence
<nsh> or rather a, b ∈ Fp satisfy 4a^3 + 27b^2 mod p is not 0
<nsh> which is maybe more coincidental seeming.
<nsh> in short, i have no idea :)
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<nsh> (27 is a magic number for cubic surfaces in general)
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<EmmyNoether> This image by Greg Egan illustrates the amazing "Cayley–Salmon theorem": any smooth complex cubic surface contains 27 straight lines! // In this example all the lines lie in real 3-dimensional space, not just complex 3d space. // (continued) https://video.twimg.com/tweet_video/Dkm2_VLVAAAt_IV.mp4 (@johncarlosbaez)
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<tochka4_> Hello. Here is a link for a draft of a BIP for compact probabilistic block
<tochka4_> filters alternative of BIP 158
<tochka4_> please take a look
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