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742018-07-05T06:37:33 <kallewoof> Any idea why the linker would give 'undefined reference' even though the .a file containing the reference is included in the command?
752018-07-05T06:37:42 <kallewoof> Also only happening in travis, not when building locally.
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892018-07-05T07:12:00 <sipa> kallewoof: the order of arguments to the linker matters
902018-07-05T07:13:31 <kallewoof> sipa: Yeah I know. I tried shuffling around, but it didn't help in this case.
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932018-07-05T07:18:21 <kallewoof> sipa: What's weird about it is, this literally works on all machines on my end. Linux and mac. Only travis is failing. Linkers are flakey beasts...
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962018-07-05T07:43:23 <kallewoof> Failure happens on ubuntu < 17.10 and >= 16.04 apparently. *shakes head* So random. At least I have a machine to work with now.
972018-07-05T07:57:06 <kallewoof> Figured it out.
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1042018-07-05T08:39:26 <swap> hi where is the mining algo stored on the repo? thanks.
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1472018-07-05T11:25:54 <bitcoin-git> [bitcoin] AkioNak opened pull request #13598: fix bench/prevector.cpp (master...fix_bench_prevector) https://github.com/bitcoin/bitcoin/pull/13598
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1492018-07-05T11:34:58 <bitcoin-git> [bitcoin] laanwj pushed 2 new commits to master: https://github.com/bitcoin/bitcoin/compare/b77c38e06c7f...40334c71d617
1502018-07-05T11:34:58 <bitcoin-git> bitcoin/master 49d1f4c Chun Kuan Lee: Detect if char equals int8_t
1512018-07-05T11:34:59 <bitcoin-git> bitcoin/master 40334c7 Wladimir J. van der Laan: Merge #13580: build: Detect if char equals int8_t...
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1542018-07-05T11:35:53 <bitcoin-git> [bitcoin] laanwj closed pull request #13580: build: Detect if char equals int8_t (master...int8_t-char-is_same) https://github.com/bitcoin/bitcoin/pull/13580
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1912018-07-05T15:19:20 <bitcoin-git> [bitcoin] laanwj pushed 5 new commits to master: https://github.com/bitcoin/bitcoin/compare/40334c71d617...028b0d963c99
1922018-07-05T15:19:21 <bitcoin-git> bitcoin/master b6edb4f Andrew Chow: Inline Sign1 and SignN...
1932018-07-05T15:19:22 <bitcoin-git> bitcoin/master 0422beb Andrew Chow: Make SignatureData able to store signatures and scripts...
1942018-07-05T15:19:22 <bitcoin-git> bitcoin/master ed94c8b Andrew Chow: Replace CombineSignatures with ProduceSignature...
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1962018-07-05T15:20:11 <bitcoin-git> [bitcoin] laanwj closed pull request #13425: Moving final scriptSig construction from CombineSignatures to ProduceSignature (PSBT signer logic) (master...sigdata-partial-sigs) https://github.com/bitcoin/bitcoin/pull/13425
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2002018-07-05T15:54:26 <bitcoin-git> [bitcoin] laanwj pushed 9 new commits to master: https://github.com/bitcoin/bitcoin/compare/028b0d963c99...3dc2dcfdfc0b
2012018-07-05T15:54:27 <bitcoin-git> bitcoin/master f7c7f8e John Newbery: [tests] p2p_segwit: Fix flake8 warnings.
2022018-07-05T15:54:28 <bitcoin-git> bitcoin/master 94a0134 John Newbery: [tests] p2p_segwit: standardise comments/docstrings.
2032018-07-05T15:54:28 <bitcoin-git> bitcoin/master 2af4e39 John Newbery: [tests] p2p_segwit: re-order function definitions....
2042018-07-05T15:55:08 *** d9b4bef9 has joined #bitcoin-core-dev
2052018-07-05T15:55:14 <bitcoin-git> [bitcoin] laanwj closed pull request #13467: [Tests] Make p2p_segwit easier to debug (master...tidy_up_p2p_segwit) https://github.com/bitcoin/bitcoin/pull/13467
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2102018-07-05T16:13:12 <bitcoin-git> [bitcoin] laanwj pushed 2 new commits to master: https://github.com/bitcoin/bitcoin/compare/3dc2dcfdfc0b...c9eb8d1c5503
2112018-07-05T16:13:13 <bitcoin-git> bitcoin/master 2dcd7b4 mruddy: logging: avoid nStart may be used uninitialized in AppInitMain warning
2122018-07-05T16:13:13 <bitcoin-git> bitcoin/master c9eb8d1 Wladimir J. van der Laan: Merge #13577: logging: avoid nStart may be used uninitialized in AppInitMain warning...
2132018-07-05T16:14:01 <bitcoin-git> [bitcoin] laanwj closed pull request #13577: logging: avoid nStart may be used uninitialized in AppInitMain warning (master...dev1) https://github.com/bitcoin/bitcoin/pull/13577
2142018-07-05T16:41:27 <bitcoin-git> [bitcoin] laanwj pushed 2 new commits to master: https://github.com/bitcoin/bitcoin/compare/c9eb8d1c5503...062738cf69a2
2152018-07-05T16:41:27 <bitcoin-git> bitcoin/master 2f1a30c Johnson Lau: Fix MAX_STANDARD_TX_WEIGHT check...
2162018-07-05T16:41:28 <bitcoin-git> bitcoin/master 062738c Wladimir J. van der Laan: Merge #13096: [Policy] Fix MAX_STANDARD_TX_WEIGHT check...
2172018-07-05T16:41:57 <bitcoin-git> [bitcoin] laanwj closed pull request #13096: [Policy] Fix MAX_STANDARD_TX_WEIGHT check (master...max_std_tx_weight) https://github.com/bitcoin/bitcoin/pull/13096
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2262018-07-05T17:40:46 <bitcoin-git> [bitcoin] laanwj pushed 2 new commits to master: https://github.com/bitcoin/bitcoin/compare/062738cf69a2...287e4edc2fd2
2272018-07-05T17:40:47 <bitcoin-git> bitcoin/master 98b1813 Karl-Johan Alm: [build] Tune wildcards for LIBSECP256K1 target...
2282018-07-05T17:40:47 <bitcoin-git> bitcoin/master 287e4ed Wladimir J. van der Laan: Merge #12788: [build] Tune wildcards for LIBSECP256K1 target...
2292018-07-05T17:41:22 <bitcoin-git> [bitcoin] laanwj closed pull request #12788: [build] Tune wildcards for LIBSECP256K1 target (master...build-tune-libsecp256k1-wildcards) https://github.com/bitcoin/bitcoin/pull/12788
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2422018-07-05T18:42:40 <gmaxwell> petertodd: re: removing the minimum relay fee entirely.. I think to do that we'd need to eliminate time based mempool expiration, implement mempool sync, and probably reduce mempool sizes.
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2442018-07-05T18:43:46 <gmaxwell> petertodd: the issue is that if we just remove the limit, what will happen is that during quiet periods the limit will effectively become zero (or close enough to it) then a bunch of spam will flood in and get relayed, then expire before it gets mined.
2452018-07-05T18:44:06 <gmaxwell> so then a bunch of bandwidth will be wasted on things with no realistic chance of getting mined.
2462018-07-05T18:45:20 <gmaxwell> If expiration were gone, and we actively synced, the network would keep a constant queue, and then that would keep the rates from falling. ... and then maybe that would be enough. maybe.
2472018-07-05T18:46:14 <gmaxwell> ISTM that doing not what you said, and just lowering it 2x or 10x or whatever, would be a lot simpler.
2482018-07-05T18:52:35 <provoostenator> gmaxwell: how long is mempool expiration? It takes 1 day to mine a 300 MB mempool if the spammer uses SegWit, which I guess they wouldn't...
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2502018-07-05T18:57:57 <gmaxwell> provoostenator: it takes 1 day to mine a 300 MB if no more transactions are coming in!
2512018-07-05T18:59:15 <gmaxwell> it takes infinitely long to mine a 300 MB mempool if there is a flux of higher fee txn equal to the network capacity.
2522018-07-05T19:00:11 <gmaxwell> Expiration right now is two weeks.
2532018-07-05T19:00:13 <wumpus> #startmeeting
2542018-07-05T19:00:13 <lightningbot> Meeting started Thu Jul 5 19:00:13 2018 UTC. The chair is wumpus. Information about MeetBot at http://wiki.debian.org/MeetBot.
2552018-07-05T19:00:13 <lightningbot> Useful Commands: #action #agreed #help #info #idea #link #topic.
2562018-07-05T19:00:24 <provoostenator> Hi
2572018-07-05T19:00:47 <gmaxwell> Hi.
2582018-07-05T19:00:51 <wumpus> can someone else paste the name list I don't have it handy
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2602018-07-05T19:01:07 <wumpus> proposed topics?
2612018-07-05T19:01:19 <provoostenator> Topic suggestion: alternating meeting time
2622018-07-05T19:01:47 <wumpus> #topic High priority for review
2632018-07-05T19:01:50 <provoostenator> And maybe topic suggestion: Min relay fee
2642018-07-05T19:01:52 <aj> #bitcoin-core-dev Meeting: wumpus sipa gmaxwell jonasschnelli morcos luke-jr btcdrak sdaftuar jtimon cfields petertodd kanzure bluematt instagibbs phantomcircuit codeshark michagogo marcofalke paveljanik NicolasDorier jl2012 achow101 meshcollider jnewbery maaku fanquake promag provoostenator
2652018-07-05T19:02:05 <wumpus> looks like there is only one thing left: #12196
2662018-07-05T19:02:08 <cfields> hi
2672018-07-05T19:02:11 <gribble> https://github.com/bitcoin/bitcoin/issues/12196 | Add scantxoutset RPC method by jonasschnelli · Pull Request #12196 · bitcoin/bitcoin · GitHub
2682018-07-05T19:02:17 <wumpus> any suggestions?
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2702018-07-05T19:03:12 <wumpus> reminder that the 0.17 feature freeze is 2018-07-16, so in roughly a week
2712018-07-05T19:03:20 <wumpus> #link 0.17 release schedule https://github.com/bitcoin/bitcoin/issues/12624
2722018-07-05T19:03:20 <sipa> oh wow
2732018-07-05T19:03:28 <sipa> thanks for reminding us
2742018-07-05T19:03:38 *** sakalli has joined #bitcoin-core-dev
2752018-07-05T19:03:42 <promag_> §shi
2762018-07-05T19:03:55 <wumpus> so if there are features that still need to make it in, we certainly have to make them high prio for review
2772018-07-05T19:04:21 <gmaxwell> sipa: Is #12196 'compatible' in what it matches with your new work on wallet scanning? I haven't looked at that PR for a while, but I recall that at one point it expected you to provide pubkeys as the thing you scan for.
2782018-07-05T19:04:26 <gribble> https://github.com/bitcoin/bitcoin/issues/12196 | Add scantxoutset RPC method by jonasschnelli · Pull Request #12196 · bitcoin/bitcoin · GitHub
2792018-07-05T19:04:31 <aj> wumpus: #13547 or #12458 would be nice to have for 0.17, as would #13072 (though that needs a rebase now)
2802018-07-05T19:04:32 <gribble> https://github.com/bitcoin/bitcoin/issues/13547 | Make signrawtransaction* give an error when amount is needed but missing by ajtowns · Pull Request #13547 · bitcoin/bitcoin · GitHub
2812018-07-05T19:04:34 <gribble> https://github.com/bitcoin/bitcoin/issues/13072 | Update createmultisig RPC to support segwit by ajtowns · Pull Request #13072 · bitcoin/bitcoin · GitHub
2822018-07-05T19:04:35 <provoostenator> I'd like to get #11658
2832018-07-05T19:04:36 <gribble> https://github.com/bitcoin/bitcoin/issues/12458 | Enforce that amount is provided for signrawtransaction prevtxs by Empact · Pull Request #12458 · bitcoin/bitcoin · GitHub
2842018-07-05T19:04:39 <gribble> https://github.com/bitcoin/bitcoin/issues/11658 | During IBD, when doing pruning, prune 10% extra to avoid pruning again soon after by luke-jr · Pull Request #11658 · bitcoin/bitcoin · GitHub
2852018-07-05T19:04:41 <wumpus> gmaxwell: the xpub stuff was removed for that reason
2862018-07-05T19:04:43 <sipa> gmaxwell: yes, discussed in previous meeting
2872018-07-05T19:04:47 <gmaxwell> sipa: Thanks!
2882018-07-05T19:04:55 *** sakalli has quit IRC
2892018-07-05T19:04:59 <wumpus> so that when it gets added it's compatible with sipa's proposal
2902018-07-05T19:05:10 <sipa> i'm almost done with an implementation for "output descriptors" which we'll just be able to plug into scantxoutset
2912018-07-05T19:05:24 <wumpus> nice!
2922018-07-05T19:05:41 <sipa> i'd very much like to see PSBT in 0.17
2932018-07-05T19:05:42 <wumpus> aj: ok, thanks
2942018-07-05T19:05:49 <wumpus> me too
2952018-07-05T19:05:52 <wumpus> I'll add that to high priority
2962018-07-05T19:06:00 *** anome has joined #bitcoin-core-dev
2972018-07-05T19:06:07 <achow101> wumpus: #13557 for high prio please (psbt)
2982018-07-05T19:06:14 <gribble> https://github.com/bitcoin/bitcoin/issues/13557 | BIP 174 PSBT Serializations and RPCs by achow101 · Pull Request #13557 · bitcoin/bitcoin · GitHub
2992018-07-05T19:06:32 <gmaxwell> +1
3002018-07-05T19:06:56 <nmnkgl> #13298
3012018-07-05T19:06:58 <gribble> https://github.com/bitcoin/bitcoin/issues/13298 | Net: Random delays *per network group* to obfuscate transaction time by naumenkogs · Pull Request #13298 · bitcoin/bitcoin · GitHub
3022018-07-05T19:07:02 <wumpus> achow101: done
3032018-07-05T19:07:28 <nmnkgl> This is probably for high prio.
3042018-07-05T19:07:30 <wumpus> so does aeveryone agree with the PRs that aj proposes?
3052018-07-05T19:07:44 <wumpus> nmnkgl: I think that needs a lot of discussion still
3062018-07-05T19:07:50 <wumpus> nmnkgl: there's some security worries
3072018-07-05T19:08:10 *** sakalli has joined #bitcoin-core-dev
3082018-07-05T19:08:13 <wumpus> nmnkgl: agree it's important, but not something to rush for 0.17
3092018-07-05T19:08:39 <wumpus> though if other people think so I'm happy to concede
3102018-07-05T19:08:51 *** sakalli has quit IRC
3112018-07-05T19:08:53 <sipa> i think sdaftuar and nmnkgl have worked it out pretty much
3122018-07-05T19:09:02 <gmaxwell> I think that 13298 is basically done? no?
3132018-07-05T19:09:20 *** Randolf has joined #bitcoin-core-dev
3142018-07-05T19:09:24 <nmnkgl> I think it is.
3152018-07-05T19:09:33 <wumpus> ok
3162018-07-05T19:09:37 <gmaxwell> I'm always happy to see stuff like that get out sooner rather than later, since it'll take months for its effects on the network to be observed.
3172018-07-05T19:09:41 <wumpus> adding it for review then
3182018-07-05T19:09:41 *** r-f has joined #bitcoin-core-dev
3192018-07-05T19:10:40 <sipa> nmnkgl: rebase it though
3202018-07-05T19:10:51 <Randolf> Hello.
3212018-07-05T19:11:16 <r-f> hello. any chance for #13414 gitlab support, it's like 2 screens of python only (plus comments)
3222018-07-05T19:11:18 <gribble> https://github.com/bitcoin/bitcoin/issues/13414 | Support gitlab API in github-merge.py by rfree-d · Pull Request #13414 · bitcoin/bitcoin · GitHub
3232018-07-05T19:13:13 *** sakalli has joined #bitcoin-core-dev
3242018-07-05T19:13:28 <wumpus> r-f: yes, makes sense, but not relevant to 0.17 I think
3252018-07-05T19:13:39 <sipa> yeah, that seems independent of releases
3262018-07-05T19:13:53 <wumpus> ok added al the PRs mentioned by aj too
3272018-07-05T19:14:06 <wumpus> that means he now has two things on the high priority list though
3282018-07-05T19:14:20 <wumpus> sipa: right
3292018-07-05T19:14:21 <sipa> i'll do an effort to review all of them
3302018-07-05T19:14:31 <sipa> (so ack from me on that)
3312018-07-05T19:14:35 <wumpus> ok :)
3322018-07-05T19:15:07 *** setpill has quit IRC
3332018-07-05T19:15:12 <wumpus> #topic Alternating meeting time
3342018-07-05T19:15:23 <wumpus> (provoostenator)
3352018-07-05T19:15:41 <provoostenator> My suggestino would be something trivial, e.g. alternate by 12 hours every week
3362018-07-05T19:16:08 <provoostenator> e.g. 9:00 and 19:00 UTC
3372018-07-05T19:16:20 <provoostenator> (uhh, 7:00 UTC and 19:00 UTC)
3382018-07-05T19:16:49 <wumpus> sgtm
3392018-07-05T19:17:19 <provoostenator> With the day such that it is thursday morning Asia
3402018-07-05T19:17:47 <sipa> 7 UTC is pretty bad for eastcoast, though any time will hurt someone
3412018-07-05T19:17:49 <aj> thursday evening asia?
3422018-07-05T19:17:58 <provoostenator> Sorry, yes, what aj says.
3432018-07-05T19:18:13 <aj> (it's friday morning australia/asia now, 700 utc thursday is thursday afternoon)
3442018-07-05T19:18:20 <wumpus> sipa: yes, it would be alternatingly bad for asia and eastcoast then
3452018-07-05T19:18:26 <achow101> I tend to nack alternating meeting times as that will confuse people and result in probably less attendance as people either forget or get the meeting time switched
3462018-07-05T19:18:49 *** grafcaps has joined #bitcoin-core-dev
3472018-07-05T19:19:25 <gmaxwell> unfortunately there is no alternating scheme where a large group of regulars aren't impacted.
3482018-07-05T19:19:27 <luke-jr> sipa: depends on who would otherwise come
3492018-07-05T19:19:57 <achow101> 7 UTC is bad for americas in general
3502018-07-05T19:20:08 <sipa> midnight westcoast, 3am eastcoast
3512018-07-05T19:20:20 <cfields> I'm ok with awkward east-coast times, but I assume I'm in the minority
3522018-07-05T19:20:52 <wumpus> the problem is that the people in favor of the time will likely not be here now
3532018-07-05T19:21:00 <wumpus> it's unfair :-)
3542018-07-05T19:21:00 <phantomcircuit> probably just need a list of everybody who is likely to attend and their timezone to figure this one out
3552018-07-05T19:21:07 <phantomcircuit> wumpus, lul
3562018-07-05T19:21:08 <gmaxwell> phantomcircuit: it's bad regardless.
3572018-07-05T19:21:11 *** belcher_ has joined #bitcoin-core-dev
3582018-07-05T19:21:33 *** SopaXorzTaker has quit IRC
3592018-07-05T19:21:34 <clarkmoody> Is there a way to have an Asia meeting prior to the Europe/USA meeting and review minutes prior to this one?
3602018-07-05T19:21:36 <gmaxwell> sdaftuar: morcos: I'm guessing you're not going to be showing up between 3am and 4am.
3612018-07-05T19:21:38 <gmaxwell> :P
3622018-07-05T19:21:40 <phantomcircuit> i more meant for figuring out the time rather than doing an alternating schedule
3632018-07-05T19:21:41 <aj> a 3-phase cycle of 8 hours ought to make everyone able to attend 2 of 3 meetings :-/
3642018-07-05T19:21:58 <wumpus> we're getting kicked out here
3652018-07-05T19:22:04 <wumpus> can someone else take the chair please
3662018-07-05T19:22:15 <sipa> endmeeting and i'll start a new one
3672018-07-05T19:22:21 <wumpus> #endmeeting
3682018-07-05T19:22:21 <lightningbot> Meeting ended Thu Jul 5 19:22:21 2018 UTC. Information about MeetBot at http://wiki.debian.org/MeetBot . (v 0.1.4)
3692018-07-05T19:22:21 <lightningbot> Minutes: http://www.erisian.com.au/meetbot/bitcoin-core-dev/2018/bitcoin-core-dev.2018-07-05-19.00.html
3702018-07-05T19:22:21 <lightningbot> Minutes (text): http://www.erisian.com.au/meetbot/bitcoin-core-dev/2018/bitcoin-core-dev.2018-07-05-19.00.txt
3712018-07-05T19:22:21 <lightningbot> Log: http://www.erisian.com.au/meetbot/bitcoin-core-dev/2018/bitcoin-core-dev.2018-07-05-19.00.log.html
3722018-07-05T19:22:24 <sipa> #startmeeting
3732018-07-05T19:22:24 <lightningbot> Meeting started Thu Jul 5 19:22:24 2018 UTC. The chair is sipa. Information about MeetBot at http://wiki.debian.org/MeetBot.
3742018-07-05T19:22:24 <lightningbot> Useful Commands: #action #agreed #help #info #idea #link #topic.
3752018-07-05T19:22:34 <sipa> The meeting is dead. Long live the meeting.
3762018-07-05T19:22:49 <cfields> heh, mutiny is afoot
3772018-07-05T19:23:05 <sipa> what would an 8-hour rotation thing look like?
3782018-07-05T19:23:21 <sipa> 3:00, 11:00, 19:00 UTC
3792018-07-05T19:23:46 *** Fearful has quit IRC
3802018-07-05T19:24:02 <sipa> it's probably too confusing...
3812018-07-05T19:24:04 <gmaxwell> probably rather than discussing this here someone should go make some proposals (including times in common timezones).
3822018-07-05T19:24:33 <cfields> those annoying doodle availability polls handle this really well.
3832018-07-05T19:24:56 <sipa> cfields just volunteered? :)
3842018-07-05T19:25:16 <cfields> sipa: sure, I'll take a crack at it.
3852018-07-05T19:25:25 <gmaxwell> that would be good data.
3862018-07-05T19:25:34 <cfields> as much as people move around, we could potentially re-vote each week and just have a dynamic time-slot...
3872018-07-05T19:25:40 <gmaxwell> ugh
3882018-07-05T19:25:42 <cfields> dunno if that'd be too chaotic
3892018-07-05T19:25:46 <sipa> yes.
3902018-07-05T19:25:51 <gmaxwell> I'd never remember.
3912018-07-05T19:25:56 <achow101> way too confusing
3922018-07-05T19:26:04 <sipa> i already miss meetings when i'm traveling
3932018-07-05T19:26:26 <cfields> k, fair enough. Will keep it simple.
3942018-07-05T19:26:30 <achow101> I already miss meetings when not traveling
3952018-07-05T19:26:33 <sipa> any other topics?
3962018-07-05T19:27:46 <sipa> #topic Min relay fee (provoostenator)
3972018-07-05T19:27:52 <gmaxwell> Someone was suggesting minrelay fee. There was a conversation on twitter I was commenting about.
3982018-07-05T19:27:55 <gmaxwell> that.
3992018-07-05T19:28:39 <booyah> vote on-chain for the time by donating to one of 24 addresses \o/
4002018-07-05T19:28:54 <sipa> good idea
4012018-07-05T19:28:59 * sipa creates 24 addresses!
4022018-07-05T19:29:00 <gmaxwell> I'm not sure how much there is to say, really our infrastructure is setup to have a minimum. The amount of relay-spam per $ tends to infinity as the fee goes to zero.
4032018-07-05T19:29:51 <luke-jr> gmaxwell: I think the idea was that mempool size limits would effectively limit the amount and set an automatic min relay fee based on demand
4042018-07-05T19:29:55 <sipa> min-relay-fee has limited impact, because if tx rate goes up as a result, dynamic feerate kicks in
4052018-07-05T19:29:57 <gmaxwell> I admit that I kinda want to decrease it just to get people to stop thinking "1" is special.
4062018-07-05T19:30:05 <sipa> but min incremental fee isn't
4072018-07-05T19:30:15 <sipa> that's a fundamental relay cost metric
4082018-07-05T19:30:17 <gmaxwell> sipa: yes, though not when the mempool limits are too large.
4092018-07-05T19:30:44 <gmaxwell> The last time I saw a non-zero automatic min relay fee was months ago, IIRC.
4102018-07-05T19:31:36 <gmaxwell> lack of mempool sync also exacerbates this... even if there is enough data to fill, any given node won't have been online long enough to have it.
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4122018-07-05T19:31:55 <aj> gmaxwell: going from 1 to 0.5 or 0.1 would be nice, i've seen suggestions it doesn't work right in the code somewhere though?
4132018-07-05T19:32:07 <gmaxwell> aj: those suggestions were confused.
4142018-07-05T19:32:11 <gmaxwell> it's fine.
4152018-07-05T19:32:20 <gmaxwell> units in bitcoin are in sat per 1000 bytes...
4162018-07-05T19:32:25 <booyah> 0.5 sat/byte? then everyone will assume thisis still the magic 1, but halved "because segwit" :)
4172018-07-05T19:32:32 <gmaxwell> the "1s/b" thing is something varrious websites came up with.
4182018-07-05T19:33:01 <aj> yeah, my node's been set at 50s/kB for a while, but everything it connects to is 1000s/kB so it doesn't do much
4192018-07-05T19:33:10 <gmaxwell> aj: and even if the units internally were an issue, it would be trivial to go around and rescale them.
4202018-07-05T19:33:55 <sipa> we internally represent everything as sat/kB
4212018-07-05T19:34:05 <booyah> fun fact, there are wallet like Mycelium that sometimes misscalculate and when preparing 1S/B tx, end up with 0.97.. S/B actuall tx and can not broadcast it currently
4222018-07-05T19:34:41 <achow101> booyah: really? they should fix that
4232018-07-05T19:34:41 <gmaxwell> booyah: How the heck do they do that?
4242018-07-05T19:34:46 <aj> yeah, xapo had a bug where the sigs were slightly bigger than estimated, and 1s/B target ended up at 0.9something s/B and wouldn't propogate
4252018-07-05T19:34:52 <gmaxwell> ...
4262018-07-05T19:35:02 <gmaxwell> ah, they have the wrong number for the worst case sig size.
4272018-07-05T19:35:05 <booyah> gmaxwell: achow101 dunno why, just seen it happen. AFAIR it eventually worked out when manually broadcasting from core after really long time
4282018-07-05T19:35:05 <aj> yep
4292018-07-05T19:35:07 <achow101> gmaxwell: sigs larger than expected probably. I had this problem once with coin selection simulations
4302018-07-05T19:35:08 <luke-jr> not sure that's something we can fix for them
4312018-07-05T19:35:31 <gmaxwell> they probably just took the size of the first sig they saw, rather than using the actual worst case.
4322018-07-05T19:35:39 <luke-jr> if it was 0.5 s/B, they'd end up with 0.49
4332018-07-05T19:35:53 <gmaxwell> yea, nothing we do will fix that, I was just curious. :P
4342018-07-05T19:36:46 <aj> https://www.blockchain.com/en/btc/tx/7f6d969774a6806ed136f892ad3ae8a32ba1dd55378942a00d117ca2837431b1
4352018-07-05T19:37:08 <aj> having a backlog of fees so the target isn't also the minimum would fix it :)
4362018-07-05T19:37:13 <aj> backlog of txes i mean
4372018-07-05T19:37:42 <gmaxwell> In any case, I don't see any harm in halving it. it would probably be prudent, esp as the bitcoin price has stably been something like 6x higher than the ATH at the time the current value was set.
4382018-07-05T19:37:54 <booyah> gmaxwell: people whill think it is halved "due to segwit, hurrr"
4392018-07-05T19:38:04 <booyah> 0.4 or 0.6 "fixes" that, if you care for it
4402018-07-05T19:38:08 <gmaxwell> booyah: oh well, can't cure stupid. :P
4412018-07-05T19:38:17 <luke-jr> IMO, unless we're going to aim for a minrelayfee-less design, it's a mostly harmless opportunity to let users campaign to have other users change the setting instead of using centrally-planned defaults; and if the default is changed, it'd be best to let some user PR it instead of a regular dev
4422018-07-05T19:38:28 <booyah> already there is confusing is it s/VB or s/B
4432018-07-05T19:38:40 <sipa> luke-jr: it reduces compact block relay efficiency though
4442018-07-05T19:38:49 <achow101> booyah: everything in core is s/vb IIRC
4452018-07-05T19:38:52 <sipa> node operators generally have an incentive to pick the same values as miners
4462018-07-05T19:39:04 <booyah> and above you said "sat/kB" :P see, everyone is confused about this
4472018-07-05T19:39:17 <luke-jr> sipa: vice-versa; miners have an incentive to pick the same as users
4482018-07-05T19:39:24 <gmaxwell> luke-jr: Trying to make things work minrelayfeeless is probably not worsth the effort.
4492018-07-05T19:39:38 <sipa> 1 sat/vB is already very low
4502018-07-05T19:39:42 <luke-jr> gmaxwell: I tend to agree
4512018-07-05T19:39:48 <sipa> (my personal opinion)
4522018-07-05T19:39:50 <gmaxwell> There is a bunch of stupid behavior that having a low but non-zero minimum avoids.
4532018-07-05T19:40:20 <sipa> booyah: fees are always with vbytes, i don't mention the "v"
4542018-07-05T19:41:07 <gmaxwell> I think at least half the benefit of decreasing it would be just shaking this idea that 1 is special. :P
4552018-07-05T19:41:35 <aj> sipa: in dollar terms, median fee rate was lower prior to about july 2016 (2c/tx versus 10c/tx) per https://bitinfocharts.com/comparison/bitcoin-median_transaction_fee.html#log fwiw
4562018-07-05T19:41:37 <luke-jr> anyway, UASF showed that users will take action when they need to; I think encouraging such user-driven action would be a good thing
4572018-07-05T19:41:41 <gmaxwell> but also because the mempool is frequently empty now. Some more consolation might be encouraged at lower feerates.
4582018-07-05T19:41:48 <booyah> as an user, I can confirm it would fix that idea. (though 0.4 might be better)
4592018-07-05T19:41:52 <luke-jr> especially when the side effects of disagreement are harmless
4602018-07-05T19:42:10 <gmaxwell> aj: keep in mind that segwit signnificantly reduced transaction vsizes for users that use it.
4612018-07-05T19:42:29 <aj> gmaxwell: this chart is per transaction, not per size aiui
4622018-07-05T19:42:33 <gmaxwell> luke-jr: I don't think there is 'need' here at all.
4632018-07-05T19:42:37 <sipa> so what are we discussing here?
4642018-07-05T19:42:39 <aj> gmaxwell: (i haven't checked the numbers myself)
4652018-07-05T19:43:00 <gmaxwell> aj: well then that charts useless, because e.g. it would say fees went up when users simply started batching instead of behaving stupidly.
4662018-07-05T19:43:08 <aj> gmaxwell: sure
4672018-07-05T19:43:10 <sipa> my personal opinion is that it's fine to encourage people to look into this and choose their own minima, but there's really not a big deal
4682018-07-05T19:43:45 <gmaxwell> sipa: dunno. people noticing the mempool frequently being near empty, suggested lowering the fee. PT suggested doing nothing unless eliminating it entirely, and I think that it would be a waste of time to try to do that.
4692018-07-05T19:43:50 <luke-jr> gmaxwell: I agree; the need however is not common, so encouraging users to act when only desire rather than need may be good
4702018-07-05T19:43:50 <aj> sipa: without nodes actively using min fee rate to choose who to peer with, user choice seems pointless?
4712018-07-05T19:44:35 <luke-jr> aj: that assumes >7/8 won't change it
4722018-07-05T19:44:44 *** anome has quit IRC
4732018-07-05T19:44:46 <gmaxwell> and since the bitcoin price has consistently been up a lot compared to in the past, even considering the segwit offset, it didn't seem unreasonable to me to lower it some.
4742018-07-05T19:44:58 <sipa> okay
4752018-07-05T19:45:46 <sipa> someone suggest something and create a PR?
4762018-07-05T19:46:03 <gmaxwell> K.
4772018-07-05T19:46:24 <sipa> °C.
4782018-07-05T19:46:31 <Varunram> lol
4792018-07-05T19:46:47 <sipa> any other topics?
4802018-07-05T19:46:56 <gmaxwell> I'll PR doing something around halving it. (maybe I'll take booyah's 60% suggestion, I'll research what bitcoin price was when it got set where it was, and factor in segwit, yadda yadda)
4812018-07-05T19:48:05 *** Fearful has joined #bitcoin-core-dev
4822018-07-05T19:48:20 *** Fearful is now known as Guest20586
4832018-07-05T19:49:07 <sipa> going once
4842018-07-05T19:49:12 <achow101> *crickets*
4852018-07-05T19:49:56 <r-f> ~.~.~.~.
4862018-07-05T19:50:00 *** r-f has quit IRC
4872018-07-05T19:50:01 <sipa> going twice
4882018-07-05T19:51:21 <sipa> #endmeeting
4892018-07-05T19:51:21 <lightningbot> Meeting ended Thu Jul 5 19:51:21 2018 UTC. Information about MeetBot at http://wiki.debian.org/MeetBot . (v 0.1.4)
4902018-07-05T19:51:21 <lightningbot> Minutes: http://www.erisian.com.au/meetbot/bitcoin-core-dev/2018/bitcoin-core-dev.2018-07-05-19.22.html
4912018-07-05T19:51:21 <lightningbot> Minutes (text): http://www.erisian.com.au/meetbot/bitcoin-core-dev/2018/bitcoin-core-dev.2018-07-05-19.22.txt
4922018-07-05T19:51:21 <lightningbot> Log: http://www.erisian.com.au/meetbot/bitcoin-core-dev/2018/bitcoin-core-dev.2018-07-05-19.22.log.html
4932018-07-05T19:52:06 <aj> fwiw UTC: 03/11/19 -> Sydney: 13/21/05, Tokyo: 12/20/04, India: 0830/1630/0030, Europe 05/13/21, NYC 23/07/15, LAX 20/04/12 (nb: northern-hemisphere daylight savings)
4942018-07-05T19:53:07 <provoostenator> (back, had to leave for physical reasons)
4952018-07-05T19:56:01 *** d9b4bef9 has quit IRC
4962018-07-05T19:57:08 *** d9b4bef9 has joined #bitcoin-core-dev
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4982018-07-05T20:02:01 <provoostenator> minrelay fee has been 1 for a long time so in a way it _is_ special. In particular if the wallet also allows lower values, users might end up with stuck transactions because none of their peers relay them.
4992018-07-05T20:02:32 <provoostenator> Which is made worse by incomplete RBF functionality. So wallet should probabyl hold on to this magic 1 value for a bit longer.
5002018-07-05T20:03:28 <aj> provoostenator: shouldn't the fee estimator keep the 1 value in that case anyway?
5012018-07-05T20:03:46 <provoostenator> No, 0.5 might get mined for folks who are well connected.
5022018-07-05T20:04:17 <aj> provoostenator: if you're well connected, that's fine; if you didn't see it in the mempool before it got mined because you're not well connected, also fine?
5032018-07-05T20:04:33 <provoostenator> Ok, but the current fee estimator isn't that smart, is it?
5042018-07-05T20:04:47 <aj> think it is
5052018-07-05T20:05:14 <provoostenator> Let me look at the documentation... :-P
5062018-07-05T20:07:31 <provoostenator> https://github.com/bitcoin/bitcoin/blob/master/src/wallet/fees.cpp#L38
5072018-07-05T20:09:51 <provoostenator> I've actually shot myself in the foot a while ago by having one node (A) exclusively connect to a gateway node (B) which had 1.2 sat/byte as a minimum , while the fee estimator of (A) thought 1 sat/byte would be fine.
5082018-07-05T20:10:43 <provoostenator> I may however have ignored the fee estimator and checked the minimum fee box instead, still.
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5102018-07-05T20:11:13 <aj> oh, that's a good point
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5122018-07-05T20:11:49 <provoostenator> It could be solved if the wallet indeed was smart enough to warn "Although miner fees are low, there is not a single transaction in your mempool at the fee rate you're trying to use, it may get stuck"
5132018-07-05T20:12:14 <aj> even if it didn't get stuck, you'd get that behaviour if miners were getting lots of fees out-of-band
5142018-07-05T20:12:49 <aj> well similar behaviour
5152018-07-05T20:13:08 <provoostenator> Yes, but out-of-band fees seem less common for now than blog posts with "tips how to spend less on bitcoin fees".
5162018-07-05T20:13:35 <aj> yeah, sorry; i mean "such a warning might be relevant even when you're well connected"
5172018-07-05T20:13:47 <provoostenator> Yes
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5192018-07-05T20:14:36 <provoostenator> I assume peers don't and shouldn't announce their relay fees due to fingerprinting concerns?
5202018-07-05T20:15:04 <aj> peers already announce their min fees so you can avoid sending them txes they'll ignore
5212018-07-05T20:15:07 <sipa> they do announce dynamic fees
5222018-07-05T20:15:20 <sipa> bip 133
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5242018-07-05T20:15:46 <provoostenator> Can that be made cumulative somehow? Like they announce min(their dynamic fee, n degrees dynamic fee)
5252018-07-05T20:17:02 <sipa> that seems exploitable
5262018-07-05T20:17:20 <provoostenator> Yeah, and I guess it could also get stuck.
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5282018-07-05T20:20:33 <aj> provoostenator: max(my-dynamic-fee, 0.9*min(peers-dynamic-fees)) or something could be amusing i guess?
5292018-07-05T20:23:55 <provoostenator> When mempool isn't full it's probably easiest to just use the lowest fee found in it as the threshold where the wallet warns the user. More tricky if it's full.
5302018-07-05T20:25:08 <provoostenator> Right now I think it doesn't warn anyway if the user selects a fee that's lower than what their own mempool accepts.
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