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EnglishFees are used in Bitcoin to prioritize transactions. Transactions with high associated fee are usually included in a block faster than those with lower fees. Users would like to pay just the minimum amount to make the transaction confirmed in the desired time. Fees are collected as a reward when transactions are included in a block so, on the other perspective, miners usually process first the most profitable transactions, i.e. the one with higher fee rate. Bitcoin is a dynamic system influenced by several variables, such as transaction arrival time and block discovery time making the prediction of the confirmation time a hard task. In this paper we use probabilistic logic programming to model how fees influence the confirmation time and how much fees affect miner’s revenue.
| Titolo: | Analyzing Transaction Fees with Probabilistic Logic Programming | |
| Autori: | LAMMA, Evelina (Corresponding) | |
| Data di pubblicazione: | 2019 | |
| Serie: | ||
| Handle: | http://hdl.handle.net/11392/2413782 | |
| ISBN: | 978-3-030-36690-2 978-3-030-36691-9 | |
| Appare nelle tipologie: | 04.2 Contributi in atti di convegno (in Volume) |
File in questo prodotto:
| File | Descrizione | Tipologia | Licenza | |
|---|---|---|---|---|
| full text.pdf | articolo | Full text (versione editoriale) | NON PUBBLICO - Accesso privato/ristretto | Administrator Richiedi una copia |
| AzzRigLam-BIS19.pdf | articolo | Pre-print | NON PUBBLICO - Accesso privato/ristretto | Open Access Visualizza/Apri |
http://hdl.handle.net/11392/2413782
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