02:32:23 <gingeropolous> ErCiccione, typo in https://www.getmonero.org/resources/moneropedia/pedersen-commitment.html "Pedersen commitments are cryptographic algorythms "
04:47:05 <jtgrassie> it's also not really a 'cryptographic alogithm' either, rather a commitment scheme (a cryptographic primitve).
04:50:31 <jtgrassie> *algorithm, I'm at it too!
04:54:04 <jtgrassie> I would word it: "Pedersen commitments are a cryptographic primitve that allow a..."
05:05:02 <jtgrassie> Or grammatically improved to: "A Pedersen commitment is a cryptographic primitve that allows a..." :P
05:48:03 <mechanimist[m]> Do people in the monero community have a general view on proof-of-stake vs proof-of-work?
05:48:36 <mechanimist[m]> if anyone has monero-community-related blog posts or whatnot about this I would be super interested
06:42:52 <xmrscott> mechanimist: Yes. Proof of stake bad because of the security implications.
06:43:42 <xmrscott> Not only do you have to choose a source to trust, but the cost to mount an ongoing attack is effectively nil compared to PoW
06:44:20 <xmrscott> There's an academic paper that tends to get tossed around that further illustrates it, let me see if I can find it
06:46:26 <mechanimist[m]> very interested if you can find it, ty!
06:47:48 <xmrscott> mechanimist: Found, it's the PDF referenced in this answer: https://bitcoin.stackexchange.com/questions/51004/how-to-make-pos-system-work
08:13:42 <mechanimist[m]> xmrscott: Thank you!
12:35:50 <johnfoss68[m]> Is there anyone I can talk to on the core team (is it Luigi?) who deals with moving CCS proposals to funding? Is there some sort of criteria I need to meet? Cheers 👍
12:40:31 <Inge-> luigi1111w: ping
15:10:15 <Lyza> <xmrscott> it's all well and good to say PoS isn't technically secure, but as more PoS networks come online and function without major attacks, it's going to look pretty secure in a practical sense.... unless it actually fails that test and gets attacked but, there's a lot of value locked up in PoS networks already
15:16:07 <xmrscott> I mean if one wants to argue it's practically secure, one need only point at the network shutdown in Nov 2020 when the VPS for the centralized mainnet infra went offline for ETH causing exchanges to prevent withdraws, etc
15:17:18 <xmrscott> https://cryptobriefing.com/ethereum-service-infura-suffers-outage-binance-halts-withdrawals/
15:18:27 <Lyza> is that related to PoS?
15:21:00 <Lyza> I'm thinking of like DOT, Cardano, Tezos
15:45:11 <xmrscott> Meh, even then the insecurity argument still stands. People can flaunt their normalcy bias if they want and make the argument it hasn't happened yet, therefore it won't ever, and I might understand that bias given people's tendency in the space for lack of a better word, gamble/ignore fundamentals (see:Doge)... but at the end of the day it's still a fundamentally less secure protocol than PoW that's more vulernable
15:45:11 <xmrscott> precisely because it requires trusted entities
15:57:38 <xmrscott> It's all fun and games until someone finds an inflation bug in a PoS chain w/ CT /end
17:28:24 <cankerwort[m]> They could perpetually control the network without being easily defected, hadn't though of that scenario
17:28:32 <cankerwort[m]> Detected*
17:29:28 <rottenwheel> <johnfoss68[m] "Is there anyone I can talk to on"> did you make a flashy post on the subreddit yet?
17:29:57 <rottenwheel> usually they decide on whether moving to funding based off of community's feedback in here, the gitlab proposal, and a potential subreddit thread wherein other community members chime in.
17:30:42 <rottenwheel> your proposal has all my upvotes, warranting you look into switching it off to Ghost or Hugo down the road. But of course, I am the most unofficial, non-important character to cast a vote in any CCS proposal ever existed. :D
19:43:04 <johnfoss68[m]> <rottenwheel "your proposal has all my upvotes"> Cheers! Yeah already did one post on r/Monero
20:15:45 <Inge-> sethsimmons: this is a funny one for your graveyard: https://twitter.com/Fatalmeh/status/1390338789462224908?s=19
20:16:00 <luigi1111w> johnfoss68[m] merged
20:16:42 <sethsimmons> <Inge- "sethsimmons: this is a funny one"> I guess that's an extension of this: https://bitcoinmagazine.com/culture/iran-using-cryptocurrency-for-imports
20:18:50 <sethsimmons> Added as a secondary source and generalized the description of that instance
20:18:52 <sethsimmons> Thanks for the ping!
20:18:55 <rottenwheel> <luigi1111w "johnfoss68 merged"> Congrats johnfoss68. Let's get you funded. Will chip in once able to. Will share in my groups as well.
20:19:05 <rottenwheel> Thanks looigi. Tell Mario you are doing a great jerb.
20:19:46 <johnfoss68[m]> <luigi1111w "johnfoss68 merged"> Thanks Luigi 👍
20:20:05 <rottenwheel> nioc you know what to do bby. ;) https://ccs.getmonero.org/proposals/john-foss-the-monero-moon.html
20:20:58 <selsta> luigi1111w: you can move the remaining 6 xmr funds from the last one to this one https://forum.getmonero.org/22/completed-tasks/90902/the-monero-moon-a-new-weekly-newsletter-regarding-all-things-monero :D
20:21:36 <luigi1111w> well I can't, but binaryFate might
20:23:49 <botcoinnotbot[m]> https://twitter.com/LaurentMT/status/1390328013565349897