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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<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