wumpus changed the topic of #bitcoin-wizards to: This channel is 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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<ryan-c>
gmaxwell: Someone made a site that will server-side sweep a brainwallet to a given address, but I am reluctant to endorse it given I don't know the guy who made it.
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<cdtr>
Hello all
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<cdtr>
I'm looking for a convenient way to buy bitcoin in the UK. Can it be done through Paypal ?
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<MRL-Relay>
[tacotime] cdtr: #bitcoin-otc
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<kanzure>
re: dynamic adjustment of max block size proposals, where the problem has been that miners never havee any reason to decrease the maximum, what happened to that elastic transaction fee pool proposal that would pay miners that choose to make smaller blocks? what was the name of that proposal.
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<fluffypony>
kanzure: in Monero we penalise large blocks (affects the block reward), would that not have the same net effect?
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<kanzure>
uh maybe, i guess it depends on how you choose to reallocate the missing block reward?
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<fluffypony>
true
<fluffypony>
we have a minimum block reward (infinite emission, so slightly disinflationary starting at 0.8%), so we don't have to worry about that
<fluffypony>
what if halving happened at an emission point rather than a block point
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<MRL-Relay>
[tacotime] kanzure: block reward is entered back into the total pool of rewards, so the "lost" rewards are actually paid back to all remaining miners until we hit minimum network subsidy.
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<kanzure>
"this web site can send a text message from any airgapped computer without a sim card, by modulating its CPU to broadcast to all cell phone towers. Using pure CSS."
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