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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<Kvothe>
hi
<Kvothe>
Im a altcoin enthusiast
<Kvothe>
and was wondering if someone can guide me in altcoin generation
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<lmatteis>
Hello. The main point with Lightning Network is the need to monitor the blockchain. The reason for this is to detect if the counterparty misbehaves by publishing an old channel state to the blockchain. For a node running on a server, that is not a big problem since it is always online, but mobile nodes might go offline for days, so how do we deal with this issue?
<licnep>
i have a question about how mining pools work, sorry for my ignorance. Basically when a block is found the mining pool puts together some transactions from the mempool in a block, and then divides the hash space search between the single miners, right? And this virtual block they are trying to mine remains unchanged until a new block is mined? Or if there are new transactions they add them in?
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<lmatteis>
kanzure: so the conclusion is "Anonymous with altruistic is probably more realistic." ?
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<licnep>
what i dont understand is, are miners extensively searching the entire hash space, like a brute force, so if theres 100 combinations and i have tested 99 you have 100% probability of finding it at the next try? Or are the transactions in the block continuously rearranged and added, so the miners are always restarting from zero on a new problem?
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<nsh>
licnep, i think it depends on the implementation. it's worth maybe reading the white papers for particular mining pools
<nsh>
or the code
<licnep>
right, if you have any links or pointers let me know
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<redrider>
hi
<redrider>
i feel like i am a wizrd can i come in here
<redrider>
hello? i cast a spell and make you all not wizards. now you are wuzzards
<redrider>
betwaffle i turned into a wart on a penis.
<redrider>
if his boyfriend kiss his penis he turn into a frog
<betawaffle>
your nonsense is off topic
<redrider>
your topic is nonsense
<redrider>
just like every other word out of your ugly face
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<thievery_corp>
do you guys know if my ledger will support by new bitcoin abc or will i have to get a trezor?
<MaxSan>
wrong place for this
<thievery_corp>
k i found out, both will support (trezor and ledger) btc abc if you have some “We will provide an interface, accessible from Trezor Wallet, where you can access and safely claim your Bitcoin Cash coins. You will be prompted by Trezor Wallet once you select “Bitcoin Cash” in the currency selector. After this, you can use Bitcoin and Bitcoin Cash side by side,” Trezor said.
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