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<maaku> yeah, flexcap seems pretty simple to implement
<maaku> started taking a crack at it, it'll probably be a dozen lines of meaningful changes plus a few code movements
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<nanotube> hm, i call mastercoin et al. 'overlay networks', fwiw. seems accurate?
<nanotube> so i guess close to bsm1175321's terminology :) and i like protocols better.
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<nsh> .wik overlay network
<yoleaux> "An overlay network is a computer network that is built on top of another network. Nodes in the overlay network can be thought of as being connected by virtual or logical links, each of which corresponds to a path, perhaps through many physical links, in the underlying network." — https://en.wikipedia.org/wiki/Overlay_network
<nsh> seems apropos nanotube
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<kanzure> this thing suggests "pow-backed identities" by having miners publish commitments (or other data?) about a private chain in their coinbase transactions: https://docs.google.com/document/d/1eRTAe3szuIoZEloHvRMtZlrU7t2un4UVQ8LarpU3LNk/edit
<kanzure> where "private chain" is defined as near-blocks i guess.
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<kanzure> ( was from http://dfinity.io/about.html )
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<the`doctor> -
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<bsm1175321> We're organizing a new journal club in NYC: http://blog.sldx.com/announcing-whitepaper-wednesdays/
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<MRL-Relay> [othe] 30 minutes from me, i am prolly going to annoy you guys ;)
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<bsm1175321> First event we'll discuss http://enigma.media.mit.edu/
<MRL-Relay> [othe] sounds interesting
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<xeon-enouf> hrm... aloha ;-)
<kanzure> greetings
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<mrkent> what are everyone's thoughts on scaling btc conference?
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<belcher> this new cryptocurrency academic journal looks like it might be good, iv been looking for a centralized place to keep up with btc ideas and projects
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<bsm1175321> Yeah, I'm excited for that. And peer review too. There's an awful lot of bullshit whitepapers out there.
<belcher> is there any place where people post their projects? i only found out about augur the other day
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<zooko> belcher: that would be nice, if there were a catalog of known projects and links to them.
<MRL-Relay> [othe] For Augur i lost interest after they decided to use Ethereum tbh
<zooko> belcher: I'm not aware of one.
<zooko> belcher: sounds like the sort of thing that a newspaper like, uh, coindesk, might want to curate.
<MRL-Relay> [othe] i guess the best you can do is putting coindesk and co in an rss reader
<belcher> there is this sticky on /r/bitcoin which has a section Bitcoin Projects https://www.reddit.com/r/Bitcoin/comments/3igq2a/rbitcoin_faq_newcomers_please_read/
<zooko> belcher: cool, thanks.
<belcher> i suppose the crowd could do it by posting "what exciting projects about bitcoin have you come across" threads
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<kang_> kanzure: I am on it. Would take me around 2-3 weeks
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<belcher> zooko another way is a wiki page that anyone could edit
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<kang_> or simply a gist/blogpost with pulls/comments
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<kanzure> belcher: signal/noise is often difficult to maintain there because you have to make weird decisions about inclusion
<kanzure> inclusion/exclusion
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<amiller> belcher, probably Ledger journal wont be a centralized place to keep up with bitcoin projects
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<amiller> its characteristic feature as an academic journal is a rigorous review process, so it's a little bit slow, and mostly geared towards research (lots of projects are good and worthwhile but not research and not handled by the journal)
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<amiller> so, not a substitute for a wiki, or even for other forms of signal/noise filtering
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<tromp__> amiller, would a Cuckoo Cycle paper make sense as Ledger submission? or do they want original work (not published in conference)
<amiller> tromp_, needs to be original work, but actually bitcoin workshop might not count so it might be OK, i'd need to double check
<tromp__> yes, workshop review was not that rigorous
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<bramc> Hey everybody
<tromp__> hi Bram
<tromp__> gotta run to programming competition... afk
<bramc> What's the best way to reach rusty?
<bramc> I want to follow up with him on my ideas on a stupid-in-a-good-way format for utxo commitments
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<kanzure> bramc: he seems fairly responsive by email rusty@rustcorp.com.au
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<bramc> Thanks kanzure
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<bramc> And of course now his email address has been logged to the web, hyperlinked and everything. Sorry rusty.
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<bramc> Does anybody have an opinion about the advantages/disadvantages of making work difficulty be based on a rolling average with linear falloff? I just realized the other day that linear falloff updates can be implemented very efficiently, which is a neat little trick
<kang_> Since this conference was for requirements gathering, (and there were many!) is there a document listing all the collected requirements? Is something in works?
<Taek> bramc: are you talking about the difficulty adjustment algorithm? Hard to analyze without an explicit example
<bramc> The advantage of linear falloff is that it minimizes the amount of noise in the estimate, because any outlier is factored out at the same rate as everything else
<bramc> Taek, Specific algorithm is for position N using the last K, weight position N-K with weight 1/K, weight position N-K+1 with weight 2/K, position N-K+2 with 3/K, etc.
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<bramc> Bitcoin proper has problems with some time intervals being negative. Let's assume that times are adjusted to be either their stated time or the largest previously given timestamp, whichever is larger.
<kang_> kanzure :)
<bramc> kang_, Nothing formal and authoritatize. The roundgroup roundups kanzure just linked to are mostly reasonable summaries of group discussions
<kang_> kanzure: It'd take me around 15-20 days to summarize those logs, given my spare-time, is that ok?
<kanzure> kang_: summaries of important/high-signal stuff for each log-day would be super interesting
<bramc> As a result of the spv discussion I came up with some ideas of how to handle utxo commitments which are sufficiently braindead to not be scary from an interoperability standpoint while still being efficient. Other people liked them in hallway conversations so I'm continuing work.
<kanzure> well, not summary
<bramc> Summary of that one is 'we need utxo commitments. Also need to dump bloom filters and do some real PIR'
<bramc> My utxo commitment idea helps a lot with PIR as well, come to think of it.
<kanzure> bramc, somewhat unrelated question, but do you have good review references for multi-party computation things?
<kang_> The prime cause of SPV is mining variance don't you think? If so, shouldn't we attack the root cause?
<kanzure> kang_: some devices are incapable of large-scale bitcoin transaction verification, regardless of mining variance
<kanzure> and regardless of mining/nonmining activity
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<bramc> kanzure, Uh... I only know the super-simple hacker-implementable stuff. Riposte is at http://www.henrycg.com/pubs/oakland15riposte/
<kanzure> oh it's on bitbucket https://bitbucket.org/henrycg/riposte
<kang_> ah, that's a different problem, subset of the decentralization requirement
<bramc> Riposte should be the basis for anonymous receiving and posting of transactions (the posting part is a lot harder)
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<bramc> Oh, also SPV nodes should talk to two orders of magnitude more servers than they do, and we don't really know how SPV should interact with lightning network yet.
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<bramc> And there should be an SPV implementation in core. Not having a decent reference is a real problem.
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<kanzure> context, some utxo commitment proposals use this data structure
<kanzure> ("MMR TXO" is the search term on that)
<bramc> kanzure, That's similar to but not exactly the same as what I have in mind
<bramc> 'similar to' might be a bit of a stretch actually, more like 'conceptually related'
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