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Title: Microsoft Paper on Adjusting Bitcon's Transaction Fees Post by: The-Real-Link on February 21, 2012, 02:15:31 AM Hi everyone, Sorry if this is already in a thread somewhere but I stumbled upon this and found it interesting (even if I have no chance of understanding all the math shown). While the blog was posted with this in November of 2011, it's interesting that the article PDF was showing a publishing date of February 2012 so it's quite recent. http://coderrr.wordpress.com/2011/11/13/simplified-summary-of-microsoft-researchs-bitcoin-paper-on-incentivizing-transaction-propagation/ http://research.microsoft.com/pubs/156072/bitcoin.pdf It sounds like a neat idea if that's a problem the system has, though obviously there are tons of people and devs on this forum in a far greater capacity to act. Just thought I'd mention this as it looks interesting. Thanks. Title: Re: Microsoft Paper on Adjusting Bitcon's Transaction Fees Post by: btc_artist on February 21, 2012, 06:24:17 PM This paper does not matter IMHO. Any reason?Title: Re: Microsoft Paper on Adjusting Bitcon's Transaction Fees Post by: FreeMoney on February 23, 2012, 08:34:17 AM It predicts people won't pass around info for free, but we do. They could just as easily write that bittorrent doesn't work because people have no incentive to share. It's like those 'studies' that determine that bees can't fly because their wings aren't long enough. |