From: Peter Todd <pete@petertodd•org>
To: Michael Gronager <gronager@ceptacle•com>
Cc: bitcoin-development@lists•sourceforge.net
Subject: Re: [Bitcoin-development] Even simpler minimum fee calculation formula: f > bounty*fork_rate/average_blocksize
Date: Wed, 20 Nov 2013 05:01:08 -0500 [thread overview]
Message-ID: <20131120100108.GA4589@savin> (raw)
In-Reply-To: <20131115191956.GB29469@petertodd.org>
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On Fri, Nov 15, 2013 at 02:19:56PM -0500, Peter Todd wrote:
> On Fri, Nov 15, 2013 at 12:47:46PM +0100, Michael Gronager wrote:
> > -----BEGIN PGP SIGNED MESSAGE-----
> > Hash: SHA1
> >
> > On 15/11/13, 11:32 , Peter Todd wrote:
> >
> > > alpha = (1/113)*600s/134kBytes = 39.62uS/byte = 24kB/second
> > >
> > > Which is atrocious...
> >
> > alpha = P_fork*t_block/S = 1/113*454000/134 = 29ms/kb
>
> Huh? Where did 454000 come from?
Oh right, you're using the actual block interval, not the steady state
one.
--
'peter'[:-1]@petertodd.org
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next prev parent reply other threads:[~2013-11-20 10:01 UTC|newest]
Thread overview: 16+ messages / expand[flat|nested] mbox.gz Atom feed top
2013-11-13 11:52 Michael Gronager
2013-11-13 12:34 ` Michael Gronager
2013-11-15 10:46 ` Peter Todd
2013-11-13 20:01 ` John Dillon
2013-11-13 20:32 ` Michael Gronager
2013-11-15 9:54 ` Peter Todd
2013-11-15 9:59 ` Gregory Maxwell
2013-11-15 10:47 ` Michael Gronager
2013-11-15 11:12 ` Peter Todd
2013-11-15 11:58 ` Michael Gronager
2013-11-15 19:09 ` Peter Todd
2013-11-15 10:32 ` Peter Todd
2013-11-15 11:47 ` Michael Gronager
2013-11-15 19:19 ` Peter Todd
2013-11-20 10:01 ` Peter Todd [this message]
2013-11-13 23:52 Gavin Andresen
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