#bitcoin-wizards on 2016-04-03 — 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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02:39 <zooko> Hey wizards, has bramc published any docs about his Merkle Tree design?

02:40 <kanzure> http://gnusha.org/bitcoin-wizards/2015-09-18.log

02:40 <zooko> I ask because ebfull is working on a Merkle Tree implementation for Zcash and I'm curious to compare/contrast designs.

02:41 <zooko> Thanks, kanzure!

02:41 <kanzure> also https://gist.github.com/maaku/2aed2cb628024800044d

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06:31 <nonaTure> is there a way to download only the past (e.g.) 3 months of blockchain data when syncing? would be super useful

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06:47 <nonaTure> regular pruning mode would still download the entire blockchain. for dev purposes it would be great to be able to specify from which blockhash to start syncing

06:49 <nonaTure> related: a new testnet would be great, too. also to be able to sync faster and to some experiments

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07:16 <fluffypony> nonaTure: those are more #bitcoin-dev questions

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07:21 <Luke-Jr> nonaTure: not possible

07:22 <Luke-Jr> you can't verify block X until you process block X-1

07:22 <Luke-Jr> going all the way back

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07:29 <nonaTure> Luke-Jr: obviously you would need to trust some blockhash... whether it is the genesis one or some other handpicked

07:29 <Luke-Jr> nonaTure: not merely trust, you need the UTXO state as of that block

07:30 <Luke-Jr> the only way to get that today, is to process all the blocks leading up to it

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07:31 <nonaTure> IMO not really if you use PoW as a security mechanism. would be very expensive to create a series of fake blocks

07:32 <nonaTure> ... starting with any blockhash you trust

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07:45 <rhett> is burst the only proof of space coin?

07:45 <rhett> brahm cohen gave a talk seemingly in favor of proof of space about a year ago

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08:28 <nonaTure> rhett: what is proof of space?

08:28 <nonaTure> I really like proof of storage

08:28 <rhett> nonaTure: i think i mean proof of storage

08:28 <rhett> do you know of any coins doing that?

08:29 <nonaTure> rhett: check out siacoin - they also had a talk at the MIT bitcoin expo. pretty neat

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08:29 <nonaTure> bitcoin should also think about a slow change of the PoX

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08:31 <rhett> it would be such a mess for bitcon to ever change away from PoW

08:31 <rhett> bitfury just spent $100M on a datacenter

08:32 <nonaTure> where? in china?

08:33 <rhett> Georgia, the country

08:33 <nonaTure> interesting. cheap nuclear power?

08:34 <rhett> i don’t know

08:35 <nonaTure> switching the PoW seems unlikely but adding additional PoX should be considered

08:36 <rhett> what exactly is PoX?

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09:22 <nonaTure> proof of X, like work or storage

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14:10 <bsm117532> http://arxiv.org/abs/1603.07926

14:11 <bsm117532> A Prunable Blockchain Consensus Protocol Based on Non-Interactive Proofs of Past States Retrievability

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14:17 <kanzure> "As the growth of the blockchain is not bounded" what?

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14:45 <JackH> the blockchain growth is not bounded, you know that

14:45 <JackH> lol

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15:01 <justanotheruser> JackH: of course it is

15:02 <justanotheruser> Unless you found a way to find sha256 preimages

15:06 <TD-Linux> it depends on if you parse "growth of the blockchain" as "blockchain size" or "rate of change of blockchain size"

15:07 <JackH> I just think its worded weird

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15:51 <fluffypony> JackH: I agree, the phrasing is a little unintuitive

15:51 <fluffypony> because of course it's not bounded in terms of its maximum size, but it is bounded in terms of its rate-of-growth

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18:18 <CryptoAi> We’re currently looking for developers with experience in algorithmic trading. We are CryptoAi, a machine learning centered systematic hedge fund start-up interested in modeling crypto currency markets For more information on the position please view our recruitment doc

18:18 <CryptoAi> https://docs.google.com/document/d/1Jt7VKAI6_jU-yaMJX2A7Bj8JpLN0hhgfmrMrmy1PUHs/edit?usp=sharing

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18:32 <midnightmagic> so not the place for that dude

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18:59 <kanzure> he's been spamming that for a few days now, time for a ban or something

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