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11 2016-06-21T00:47:40 <jl2012> Got enough blocks for csv
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25 2016-06-21T01:11:12 <gmaxwell> jl2012: assuming no big reorgs! :)
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152 2016-06-21T12:48:45 <Perkova> hello
153 2016-06-21T12:48:55 <Perkova> I am looking for a answer on a problem with the Blocktrail PHP SDK
154 2016-06-21T12:49:03 <Perkova> or rather some new insight.
155 2016-06-21T12:49:59 <Perkova> Does anybody know if the blocktrail php sdk has some functionality built in to deduct the fees in the walletinterface pay function
156 2016-06-21T12:50:29 <Perkova> And I mean deducting the fee from the transaction being created.
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174 2016-06-21T14:06:28 <wumpus> not sure anyone here knows, may be better to ask blocktrail
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242 2016-06-21T17:38:02 <Ylbam> question : non CSV signaling blocks will be rejected at next difficulty adjustment. am I right?
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247 2016-06-21T17:44:06 <Ylbam> it looks like it's not the case as said yoghurt on core's slack: "The signal bit is available for another soft fork immediately after activation"
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264 2016-06-21T18:42:22 <s7r> what is the eta for increasing the hash for payments from 160 to 256 in P2SH scripts?
265 2016-06-21T18:43:19 <s7r> will this change address format or generation process? I am trying to generate in advance for long term a p2sh address so need to know. will we be using in parallel 160 bit and 256 bit hashes for p2sh addresses?
266 2016-06-21T18:43:56 <arubi> s7r, I'm curious, what are you referring to?
267 2016-06-21T18:44:29 <s7r> https://bitcoincore.org/en/2016/01/26/segwit-benefits/#increased-security-for-multisig-via-pay-to-script-hash-p2sh
268 2016-06-21T18:44:36 <gmaxwell> s7r: current behavior will continue to work, presumably until some cryptographic break makes it necessary to disable.
269 2016-06-21T18:45:04 <gmaxwell> to do otherwise would confsciate people's coins.
270 2016-06-21T18:45:16 <s7r> ok, and the new 256 bit hash addresses will look totally different and work in parallel, unrelated, correct?
271 2016-06-21T18:45:18 <arubi> oh, so this is about p2wsh which is 256bit hash
272 2016-06-21T18:45:40 <arubi> p2sh(p2wsh) is still 160 bit hash, paying to a 256 bit hash
273 2016-06-21T18:45:52 <arubi> well, not paying, the redeemscript hash is ^
274 2016-06-21T18:45:59 <s7r> I don't understand the difference between p2sh and p2wsh
275 2016-06-21T18:46:31 <arubi> paying to native p2wsh is paying to a script hash that is 256 bits, a sha256 of the redeem script
276 2016-06-21T18:46:47 <arubi> paying to p2sh is paying to a script hash that is 160 bits, a hash160 of the redeem script
277 2016-06-21T18:47:35 <arubi> so, unless you use native p2wsh, which pays to a segwit program, you will not benefit from 256 bit hash of the redeem script
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279 2016-06-21T18:48:26 <s7r> understood.
280 2016-06-21T18:48:39 <s7r> thanks.
281 2016-06-21T18:48:57 <arubi> cheers
282 2016-06-21T18:49:14 <s7r> using the old p2sh even after segwit softfork is completed will work exactly as now and provide the same level of security eg 160 bit
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286 2016-06-21T18:50:49 <arubi> right
287 2016-06-21T18:51:38 <s7r> arubi: thanks. one last thing. the combination CHECLOCKTIMEVERIFY with p2wsh will work exactly as with the current p2sh?
288 2016-06-21T18:53:23 <arubi> s7r, I'd guess yes, I haven't tried using ctlv yet so I can't tell for sure
289 2016-06-21T18:53:52 <gmaxwell> I would advise against using locktimes far in the future.
290 2016-06-21T18:54:09 <arubi> is there an asteroid approaching?
291 2016-06-21T18:54:46 <s7r> I need 12 months or worst case scenario 24 months.
292 2016-06-21T18:55:09 <s7r> I would need less if we had a relative checklocktimeverify implemented, but that isn't coded yet right?
293 2016-06-21T18:55:42 <arubi> you mean CSV? isn't that what it is?
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295 2016-06-21T18:56:25 <arubi> gmaxwell, I mean.. why not far into the future? genuinely curious
296 2016-06-21T18:56:57 <s7r> no, RCLTV. what we have now is absolute checklocktimeverify. it is based on an absolute time/height. RCLTV will be based on the age of the coins, clock starts ticking after address is funded
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298 2016-06-21T18:57:26 <s7r> me too ^
299 2016-06-21T18:58:33 <arubi> s7r, I'm lost as how that is not what csv does
300 2016-06-21T18:59:31 <arubi> "allowing funds of a txout to be locked for a number of blocks or a duration of time after its inclusion in a block"
301 2016-06-21T18:59:57 <s7r> csv == check sequence verify ?
302 2016-06-21T19:00:01 <arubi> yea
303 2016-06-21T19:00:18 <s7r> that is also draft.. i mean it's not implemented yet
304 2016-06-21T19:00:41 <s7r> the same RCLTV. Didn't read CSV's specs yet so you might be right
305 2016-06-21T19:00:48 <arubi> s7r, says "status": "locked_in" here :)
306 2016-06-21T19:00:59 <arubi> s7r, really, it's in the news. it just locked in
307 2016-06-21T19:01:24 <s7r> what was the cli command to see softfork adoption?
308 2016-06-21T19:01:35 <arubi> bitcoin-cli getblockchaininfo
309 2016-06-21T19:03:39 <s7r> i don't see anything about bip112
310 2016-06-21T19:06:14 <arubi> s7r, https://bitcoin.org/en/release/v0.12.1#first-version-bits-bip9-softfork-deployment
311 2016-06-21T19:07:35 <s7r> that is confusing. bip 112 is marked as draft. not final
312 2016-06-21T19:07:44 <s7r> https://github.com/bitcoin/bips/blob/master/bip-0112.mediawiki
313 2016-06-21T19:09:19 <arubi> heh, I guess it's not very effective then :) but it /is/ happening now
314 2016-06-21T19:09:54 <s7r> ok. so right now i can use csv?
315 2016-06-21T19:10:13 <arubi> I don't think it's enforced yet, only going to be
316 2016-06-21T19:11:59 <gmaxwell> arubi: because people have proposed things that would make old style transactions invalid. For example people around bitcoin "classic" wanted a "hardfork segwit" that would change the transaction format.
317 2016-06-21T19:12:17 <gmaxwell> s7r: soft fork bips are not final until in active established use in the network.
318 2016-06-21T19:13:26 <gmaxwell> arubi: or, for example, if there were a ecdsa or ripemd160 break that made any coins spendable with a few months of cpu time, the network might need to to prohibit moving old unswept coins after some transition, but long locktimed coins could not make a transition.
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320 2016-06-21T19:13:47 <arubi> oh good point.
321 2016-06-21T19:14:32 <s7r> good point.
322 2016-06-21T19:14:47 <s7r> gmaxwell: why do we need bip68 and bip112? doesn't bip112 already do the relative lock time thing?
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325 2016-06-21T19:15:40 <gmaxwell> 68 is what creates a relative lock. 112 is what makes it possible for a public key to require that a transaction have a relative lock.
326 2016-06-21T19:16:25 <s7r> ^ that's why it's important to ask the best
327 2016-06-21T19:16:30 <s7r> thanks.
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