#bitcoin-wizards on 2016-03-14 — irc logs at freenode.irclog.whitequark.org

2015-10-30 00:53 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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09:21 <fluffypony> djb's talk on the first 10 years of Curve25519: https://t.co/hOs0LMpF3u

09:21 <fluffypony> https://cr.yp.to/talks/2016.03.09/audio.ogg I mean

09:21 <fluffypony> and slides: https://cr.yp.to/talks/2016.03.09/slides-djb-20160309-a4.pdf

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11:18 <Taek> I had an idea

11:18 <Taek> by destroying a block entirely, you increase the block reward by 250btc spread out over the next 1000 blocks (0.25 btc per block)

11:18 <Taek> if you have >10% hashrate, this makes financial sense - your expected income goes up

11:19 <Taek> but everyone else's expected income goes up too

11:19 <Taek> people with >10% hashrate end up paying all of the expenses for this boost, but everyone benefits

11:19 <Taek> which is a decentralization pressure

11:19 <Taek> of course, then you have an unpredictable inflation rate

11:20 <Taek> and a lot of weird incentives

11:21 <Taek> but maybe there is hope for a more-sane decentralization pressure that operates in a similar

11:21 <Taek> *similar manner

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15:25 <ItsmeeAgainn> Donate me please a new PC)17hKzAXSi6uqGb9hVQFARgrt1HEHamAtua))Sorry and thanks)

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15:28 <fluffypony> ItsmeeAgainn: piss off

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15:34 ItsmeeAgainn was banned on #bitcoin-wizards by jcorgan [*!*d9737073@*.com/ip.217.115.112.115]

15:34 ItsmeeAgainn was kicked from #bitcoin-wizards by jcorgan [ItsmeeAgainn]

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