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Fees are becoming dominant..
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Classroom Contents
The Gap Game
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- 1 Intro
- 2 The Blockchain
- 3 Proof-of-Work
- 4 Blocks Creation Rate
- 5 Condition Difficulty
- 6 Longest Chain Rule
- 7 Mining Incentive
- 8 Included Transactions
- 9 Mining Time
- 10 Accumulating Fees Reward
- 11 Fees are becoming dominant..
- 12 Mining Scenario Revisited
- 13 Mining Gap
- 14 Expected Profit
- 15 Rational Miners
- 16 Let the Gap Game Begin
- 17 EBRR metric
- 18 Result - Gap Size
- 19 Result - Centralization
- 20 Bitcoin Test Case
- 21 Conclusion
