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 162015-12-05T02:06:16  <randy-waterhouse> ETA on release candidate for core v0.12?
 172015-12-05T02:08:43  <randy-waterhouse> never mind looks I'm already testing with it :) thnx
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 272015-12-05T04:54:54  <Luke-Jr> hmm, I setup the BitcoindComparisonTool and it works on master, but not 0.11? O.o
 282015-12-05T05:02:05  <gmaxwell> randy-waterhouse: 0.12 is a couple months out; so no RC s yet
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 432015-12-05T09:11:15  <GitHub189> [bitcoin] laanwj pushed 2 new commits to master: https://github.com/bitcoin/bitcoin/compare/792259278e4f...a2822b97cb83
 442015-12-05T09:11:15  <GitHub189> bitcoin/master 4c40ec0 Wladimir J. van der Laan: tests: Disable Tor interaction...
 452015-12-05T09:11:16  <GitHub189> bitcoin/master a2822b9 Wladimir J. van der Laan: Merge pull request #7170...
 462015-12-05T09:11:20  <GitHub105> [bitcoin] laanwj closed pull request #7170: tests: Disable Tor interaction (master...2015_12_tests_nolistentor) https://github.com/bitcoin/bitcoin/pull/7170
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 532015-12-05T09:47:08  <GitHub43> [bitcoin] TheBlueMatt opened pull request #7174: Don't do mempool lookups for "mempool" command without a filter (master...2015-12-braindead-mempool) https://github.com/bitcoin/bitcoin/pull/7174
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 562015-12-05T10:14:20  <wumpus> ETA for 0.12 RC1 is 2016-01-06
 572015-12-05T10:14:28  <wumpus> 0.12.0*
 582015-12-05T10:16:35  <btcdrak> wumpus: great.
 592015-12-05T10:19:35  <Luke-Jr> paveljanik: :/
 602015-12-05T10:26:59  <paveljanik> Luke-Jr, sorry, but this is clear for me now. No need to fight against "wind mills". No need to fight at all.
 612015-12-05T10:27:57  <Luke-Jr> paveljanik: but there is, I'm afraid.
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 632015-12-05T10:30:39  <paveljanik> The only remaining thing in this is why some devs are quite happy to make a decision that has economic effect on some users... In the past this was a huge obstacle...
 642015-12-05T10:31:15  <paveljanik> I can accept the fact that it makes their work a lot easier though...
 652015-12-05T10:33:39  <sipa> Luke-Jr: if priority is an effective measure against spam, it works (in the default configuration) only for 5% of the block space; miners certainly can change that size during an attack if that is deemed useful, but so can they reenable the priority space altogether
 662015-12-05T10:34:16  <sipa> and you're very welcome to work on an alternative that doesn't need special casing a predefined part of the block space
 672015-12-05T10:36:28  <Luke-Jr> paveljanik: it doesn't, because now I am forced to maintain it out-of-tree
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 692015-12-05T10:38:09  <Luke-Jr> paveljanik: and I'm the one who maintains this stuff in the first place
 702015-12-05T10:41:00  <paveljanik> technically speaking, from a pure economical view, I do not get it why miners do support priority space at all.
 712015-12-05T10:41:19  <paveljanik> and maybe this is the reasoning for other devs about it.
 722015-12-05T10:42:58  <Luke-Jr> believe it or not, most miners *do* care to some degree about Bitcoin's success
 732015-12-05T10:43:58  <paveljanik> then we have to draw a clear way from this to having prio space in blocks...
 742015-12-05T10:44:06  <paveljanik> I think most people do not get it.
 752015-12-05T10:47:03  <gmaxwell> Luke-Jr: have you done anything to establish that priority is actually usful for a non-neglibile portion of transactions?
 762015-12-05T10:47:49  <gmaxwell> As I laid out the other day, I'd support brining it back if we could show that it was actually useful for users and if we could do so without the huge performance hit.
 772015-12-05T10:59:14  <Luke-Jr> because the onus of evidence lies with the one who *doesn't* want to make major changes that are obviously negative.. or we can just remove priority and see how bad the results are. I guess we should just remove the block size limit and see what happens too.
 782015-12-05T10:59:46  <Luke-Jr> (and no, I'm not yelling, just extremely frustrated)
 792015-12-05T11:01:40  <phantomcircuit> Luke-Jr, either fees become a significant portion of the total block reward and miners acting in their own self interest ignore priority, or we have massively misjudged the economic rational for mining and bitcoin will fail
 802015-12-05T11:01:57  <phantomcircuit> personally i like to be optimistic and believe priority is doomed
 812015-12-05T11:02:01  <gmaxwell> phantomcircuit: thats not a useful argument and I wish you wouldn't make it.
 822015-12-05T11:02:20  <gmaxwell> Because doing so is a distraction and debases the actually useful argument.
 832015-12-05T11:03:07  <gmaxwell> Which is that I have no objective reason to believe that it is of _any_ use today to the vast majority of the users of the system; because unlike us, most don't have years old immobile coins that cut straight through on priority.
 842015-12-05T11:03:39  <gmaxwell> Basically, to the extent that priority is doing anything at all; I think it's just acting like a free pass for a small number of oldtimer users; and I think thats wrong.
 852015-12-05T11:04:10  <Luke-Jr> do you really use your years-old coins in your hot wallet?
 862015-12-05T11:04:11  <gmaxwell> But if a fair number of non-spammy transactions would have priority high enough to matter; then I'm wrong.
 872015-12-05T11:04:44  <gmaxwell> A year? two years? yes.
 882015-12-05T11:04:45  <paveljanik> gmaxwell, using this argument, this calls for a lot of NEW users to bitcoin to call for "restart" of the network...
 892015-12-05T11:05:19  <paveljanik> beucase they do not have access to coins at all.
 902015-12-05T11:06:12  <gmaxwell> paveljanik: anyone can pay fees; which is a simple and equitible mechenism available to all commers.
 912015-12-05T11:06:44  <paveljanik> I agree with this.
 922015-12-05T11:07:02  <paveljanik> The only thing I do not agree is how it was done in the tree 8)
 932015-12-05T11:08:22  <gmaxwell> Luke-Jr: and beyond the age, self same wallet is full of coins worth multiple BTC each, which is not generally typical. many users end up with either lots of tiny txins or a few huge ones which lose their priority on their first spend.
 942015-12-05T11:08:57  <gmaxwell> AFAIK bitcoin core is the only wallet thats ever supported priority on the send side, and it's never even optimized for using priority wisely.
 952015-12-05T11:09:31  <Luke-Jr> looking at my hot wallet quickly..
 962015-12-05T11:09:47  <Luke-Jr> 0.046 BTC, aged under 2 weeks, is sufficient for priority mining
 972015-12-05T11:10:24  <Luke-Jr> or there's a 0.003 BTC aged 40 weeks
 982015-12-05T11:10:46  <Luke-Jr> 0.005 BTC aged 22 weeks
 992015-12-05T11:11:09  <Luke-Jr> 0.012 BTC aged 1 week
1002015-12-05T11:11:24  <midnightmagic> whew, young coins.
1012015-12-05T11:11:34  <Luke-Jr> actually, that last one might not be ready yet
1022015-12-05T11:12:15  <Luke-Jr> the 1 week is 0.142 BTC
1032015-12-05T11:12:25  <phantomcircuit> Luke-Jr, would you be opposed to simply making the "priority" adjust the effective fee rate?
1042015-12-05T11:12:28  <Luke-Jr> these are all reasonably obtainable sizes
1052015-12-05T11:12:46  <Luke-Jr> phantomcircuit: it's too late for that in 0.12
1062015-12-05T11:12:58  <phantomcircuit> and only calculating it when inserted into the mempool (remembering that things age out of the mempool every 72 hours by default)
1072015-12-05T11:13:26  <phantomcircuit> Luke-Jr, we both know miners are all running with a bunch of crazy patches
1082015-12-05T11:13:57  <Luke-Jr> phantomcircuit: some are. others are stupidly obstinate about using vanilla with defaults :/
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1472015-12-05T23:29:34  <GitHub64> [bitcoin] gmaxwell pushed 2 new commits to master: https://github.com/bitcoin/bitcoin/compare/a2822b97cb83...075faaebf2e5
1482015-12-05T23:29:35  <GitHub64> bitcoin/master 96918a2 Matt Corallo: Don't do mempool lookups for "mempool" command without a filter
1492015-12-05T23:29:35  <GitHub64> bitcoin/master 075faae Gregory Maxwell: Merge pull request #7174...
1502015-12-05T23:29:40  <GitHub32> [bitcoin] gmaxwell closed pull request #7174: Don't do mempool lookups for "mempool" command without a filter (master...2015-12-braindead-mempool) https://github.com/bitcoin/bitcoin/pull/7174
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