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 98 2016-12-11T13:08:07  <moli> so i compiled the master version on Windows Sub Linux system and then went back to compile v0.13.0 - the commands i used were:  git checkout -b v0.13.0;  ./autogen.sh;  ./configure --prefix=`pwd`/depends/x86_64-w64-mingw32 the result came out the same master version again, no 0.13.0, does anyone know why?
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140 2016-12-11T18:55:09  <BW^-> what's the best sidechain tech currently?
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142 2016-12-11T18:56:26  <BW^-> even like, unpolished
143 2016-12-11T18:56:37  <BW^-> also like, tools to make unlimited- or at least higher-bandwidth transactions
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146 2016-12-11T18:59:56  <arubi> lightningd/lightning-cli works
147 2016-12-11T19:00:14  <arubi> not sure how fast it gets, I only used it for simple stuff for now
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150 2016-12-11T19:01:56  <arubi> BW^-, I used this: https://github.com/ElementsProject/lightning
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153 2016-12-11T19:05:21  <Chris_Stewart_5> BW^-: What arubi linked to is lightning stuff, if you are itnerested in peg designs see elements
154 2016-12-11T19:05:23  <Chris_Stewart_5> https://github.com/ElementsProject/elements
155 2016-12-11T19:05:36  <BW^-> interesting
156 2016-12-11T19:05:56  <Chris_Stewart_5> also, #sidechains-dev although it is pretty dead
157 2016-12-11T19:05:59  <BW^-> arubi: how well does it scale, isn't it only between two parties currently?
158 2016-12-11T19:06:00  <BW^-> aha
159 2016-12-11T19:06:17  <BW^-> Chris_Stewart_5: hm interesting. what can you do with that?
160 2016-12-11T19:06:22  <arubi> BW^-, not sure, I did only do direct connections (afaik)
161 2016-12-11T19:06:30  <BW^-> arubi: right. hm.
162 2016-12-11T19:06:38  <Chris_Stewart_5> Create a sidechain, transfer coins into the sidechain, and then transfer them out
163 2016-12-11T19:06:45  <BW^-> arubi: why didn't multiple party take off yet?
164 2016-12-11T19:06:59  <arubi> I don't know, I'm just getting familiar with lightning myself
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166 2016-12-11T19:07:06  <BW^-> Chris_Stewart_5: neat. what's the transaction cost and bandwidth inside the side chain?
167 2016-12-11T19:07:07  <Chris_Stewart_5> there are interesting things implemented in the elements sidechain, such as confidential txs
168 2016-12-11T19:07:23  <BW^-> Chris_Stewart_5: neat. do you have supplementary URL:s I can read too?
169 2016-12-11T19:07:36  <Chris_Stewart_5> BW^-: The sidechain is only pegged to testnet3, so there isn't real bitcoin at stake
170 2016-12-11T19:07:56  <Chris_Stewart_5> https://elementsproject.org/
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172 2016-12-11T19:08:02  <BW^-> Chris_Stewart_5: anyone using it for production things?
173 2016-12-11T19:08:32  <Chris_Stewart_5> BW^-: All sidechains that i'm aware of are still in alpha and being tested
174 2016-12-11T19:08:42  <BW^-> Chris_Stewart_5: aha. which more do you know of?
175 2016-12-11T19:08:53  <Chris_Stewart_5> https://elementsproject.org/sidechains/
176 2016-12-11T19:08:56  <BW^-> Chris_Stewart_5: btw, can the one you mentioned be run on the actual bitcoin network as it is now, or is it waiting for segwit or anything=
177 2016-12-11T19:08:57  <BW^-> ?
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179 2016-12-11T19:09:26  <Chris_Stewart_5> I think it can run against bitcoin technically, but it is not advised to do so since it hasn't been heavily reviewed
180 2016-12-11T19:09:48  <BW^-> ok
181 2016-12-11T19:09:56  <BW^-> ok.. thanks for mentioning it. :)
182 2016-12-11T19:10:03  <Chris_Stewart_5> also the peg in elements isn't trustless, it uses a federation of signers to transfer coins out of the sidechain since we have not soft forked op codes into bitcoin to support an asymmetric 2 way peg
183 2016-12-11T19:10:08  <BW^-> Chris_Stewart_5: ah, what about bandwidth and price within the sidechain?
184 2016-12-11T19:10:33  <BW^-> Chris_Stewart_5: wait.. what does that mean in practice?
185 2016-12-11T19:10:45  <BW^-> Chris_Stewart_5: that lots of participants need to sign for anyone to check out?
186 2016-12-11T19:10:51  <BW^-> Chris_Stewart_5: what if anyone is malintended?
187 2016-12-11T19:10:52  <Chris_Stewart_5> BW^-: Not sure what you mean by that, there isn't a fee market for the elements sidechain and bandwidth is minimal since it is only being used for testing
188 2016-12-11T19:11:05  <Chris_Stewart_5> BW^-: It's a 5 of 7 multisig
189 2016-12-11T19:11:17  <Chris_Stewart_5> so I wouldn't say 'alot' of participants
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191 2016-12-11T19:11:37  <BW^-> ok
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193 2016-12-11T19:12:24  <BW^-> ok thanks. :)
194 2016-12-11T19:12:57  <Chris_Stewart_5> I think it is safe to say the tech is still in it's infancy. Lightning is much more developed IMO
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196 2016-12-11T19:14:06  <BW^-> mhm
197 2016-12-11T19:14:20  <BW^-> Chris_Stewart_5: but.. no multiple parties with lightning for now.
198 2016-12-11T19:18:16  <Chris_Stewart_5> BW^-: Not sure what you mean by that
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200 2016-12-11T19:21:17  <BW^-> Chris_Stewart_5: a lightning channel is currently hardcoded to be used between Adam and Bob only
201 2016-12-11T19:21:22  <BW^-> the two initiators of the channel
202 2016-12-11T19:21:26  <BW^-> they don't do any routing
203 2016-12-11T19:22:28  <Chris_Stewart_5> BW^-: I'll take your word for it, I don't know much about lightning other than the theoretical benefits
204 2016-12-11T19:23:02  <BW^-> ok
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207 2016-12-11T19:31:53  <BW^-> Chris_Stewart_5,arubi: do you know about when the malleability fix will effectuate?
208 2016-12-11T19:32:00  <BW^-> Chris_Stewart_5,arubi: also do you know why it's needed for Lightning to work?
209 2016-12-11T19:32:37  <arubi> malleability fix is in segwit, it's not needed for lightning, just makes it easier
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212 2016-12-11T19:33:46  <arubi> afaict, it makes transactions a lot easier to track (because you're expecting a certain tx to be redeemed)
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214 2016-12-11T19:34:40  <BW^-> arubi,: ^
215 2016-12-11T19:36:56  <BW^-> Chris_Stewart_5: ^
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