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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<maaku> contrapumpkin: ANY smart contract can reduce to N-of-N multisig in the cooperative closure case, which is the same as a lightning-like channel
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<contrapumpkin> what do y'all think of ZKCSP as a concept?
<contrapumpkin> (Zero-Knowledge Contingent Service Payments, as outlined in http://stevengoldfeder.com/papers/ZKCSP.pdf which is the paper attached to that talk linked above)
<contrapumpkin> I guess the motivation with their two examples is that producing the ZKP is very computationally intensive, so you don't just want to provide such proofs for free?
<contrapumpkin> at the same time, a few exchanges already provide those proofs of solvency for free, so that seems less obviously valuable to me
<contrapumpkin> anyway, as a generalization it seems possibly handy, but I still don't really get what situations it would really apply in
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<Alanius> how difficult would it be to introduce a new opcode to the effect of "verify the attached stark"?
<Alanius> that would enable a pay-to-stark-hash type transaction which could be as smart as you like without charging the miners with the expensive cost of verifying the smart contract
<Alanius> (ignoring the fact that anyone wishing to cash in on the prize would have to convince the miners to include his rather large transaction into the limited capacity block; but we can assume that the starks of the future will be more concise)
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<andytoshi> technically not very hard at all
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<andytoshi> but politically, we'd need a waay better scalability/complexity ratio
<andytoshi> having said that, you can use STARKs aleady, by using ZKCP, in many contexts
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<pancakes09> Hello, I'm new to Bitcoin and had some questions
<belcher> please goto #bitcoin, its a better channel for that
<pancakes09> I got redirected to bitcoin-bans for some reason
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<Mechmonkey_> Hi guys
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