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
espes__ has joined #bitcoin-wizards
Pr0t3us has quit [Ping timeout: 240 seconds]
Guest20114 has quit [Changing host]
Guest20114 has joined #bitcoin-wizards
Guest20114 is now known as smk
CheckDavid has quit [Quit: Connection closed for inactivity]
airbreather has joined #bitcoin-wizards
yoctopede has quit [Remote host closed the connection]
yoctopede has joined #bitcoin-wizards
d4de has quit [Quit: This computer has gone to sleep]
intcat has quit [Remote host closed the connection]
intcat has joined #bitcoin-wizards
intcat has quit [Remote host closed the connection]
intcat has joined #bitcoin-wizards
CubicEarth has joined #bitcoin-wizards
intcat has quit [Remote host closed the connection]
intcat has joined #bitcoin-wizards
Chris_Stewart_5 has quit [Ping timeout: 268 seconds]
Belkaar has quit [Read error: Connection reset by peer]
Belkaar has joined #bitcoin-wizards
Belkaar has quit [Changing host]
Belkaar has joined #bitcoin-wizards
Chris_Stewart_5 has joined #bitcoin-wizards
Belkaar has quit [Read error: Connection reset by peer]
Emcy has joined #bitcoin-wizards
Emcy_ has quit [Ping timeout: 240 seconds]
deusexbeer has quit [Ping timeout: 256 seconds]
deusexbeer has joined #bitcoin-wizards
Belkaar has joined #bitcoin-wizards
Belkaar has quit [Changing host]
Belkaar has joined #bitcoin-wizards
huntingcryptos has joined #bitcoin-wizards
Belkaar has quit [Read error: Connection reset by peer]
arubi has quit [Ping timeout: 248 seconds]
huntingc_ has joined #bitcoin-wizards
Belkaar has joined #bitcoin-wizards
Belkaar has joined #bitcoin-wizards
huntingcryptos has quit [Ping timeout: 240 seconds]
arubi has joined #bitcoin-wizards
Chris_Stewart_5 has quit [Ping timeout: 272 seconds]
jb55 has joined #bitcoin-wizards
Guyver2 has joined #bitcoin-wizards
intcat has quit [Remote host closed the connection]
oneeman has joined #bitcoin-wizards
intcat has joined #bitcoin-wizards
Newyorkadam has quit [Quit: Newyorkadam]
Giszmo has quit [Ping timeout: 265 seconds]
Chris_Stewart_5 has joined #bitcoin-wizards
tiagotrs has quit [Ping timeout: 240 seconds]
intcat has quit [Remote host closed the connection]
oneeman has quit [Quit: Leaving]
intcat has joined #bitcoin-wizards
Noldorin has joined #bitcoin-wizards
huntingc_ has quit [Remote host closed the connection]
huntingcryptos has joined #bitcoin-wizards
huntingcryptos has quit [Remote host closed the connection]
huntingcryptos has joined #bitcoin-wizards
huntingcryptos has quit [Remote host closed the connection]
Giszmo has joined #bitcoin-wizards
huntingcryptos has joined #bitcoin-wizards
tromp has quit [Remote host closed the connection]
tromp has joined #bitcoin-wizards
daszorz2 has quit [Read error: Connection reset by peer]
onabreak has quit [Ping timeout: 260 seconds]
intcat has quit [Remote host closed the connection]
intcat has joined #bitcoin-wizards
onabreak has joined #bitcoin-wizards
<Emcy>
how much safer *is* bech32 for not accidentally sending your btc into a black hole
<Emcy>
compared to what we have now [the 1 and 3 addresses i guess]
<sipa>
if you make up to 4 errors (each of which overwrites a character), bech32 has a 100% guarantee of detecting it
jb55 has quit [Ping timeout: 272 seconds]
<andytoshi>
to contrast, the old scheme has a 1-2^-32 chance of detecting errors regardless of the extent of the error
<sipa>
bech32 has a 1-2^30 chance of detecting unformly random errors (as in: give it a completely random steing, what is the chance it won't be acceptable)
<sipa>
which is slightly worse than the base58check codes, but not in a way that matters
<sipa>
we don't actually make errors that affect every character
<sipa>
if you expect up to 3.53 errors per address, bech32 is better
<sipa>
(which is a very pessimistic assumption already)
<sipa>
i have a graph somewhere
<sipa>
it's in this presentation: I'd like to share the prezi “'Bech32: a base32 address format'” with you. Please click the link to view it.
intcat has quit [Remote host closed the connection]
<andytoshi>
a fixed point scriptpubkey would be like OP_DUP OP_SHA1 OP_EQUAL, but preventing miner theft would be hard . (i think the ones in maaku's link make no effort here?)
intcat has joined #bitcoin-wizards
intcat has quit [Remote host closed the connection]