Topic: Microsoft Paper on Adjusting Bitcon's Transaction Fees (Read 934 times)
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.
This paper does not matter IMHO.
Any reason? 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.
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