3 ms·
> Benford's Law is a pretty established method of detecting fraud in forensic accounting Benford law never had to deal with exchanges where any customer can wr
by ur-whale 5y ago
> Benford's Law is a pretty established method of detecting fraud in forensic accounting
Benford law never had to deal with exchanges where any customer can write a python bot and start trading at sub-second latencies via the exchange API's.
I'd be very surprised if whatever statistical model they're relying on is in any way a match for what real (as in: legitimate orders from actual customers) trading goes on on crypto exchanges.
- MrMan 5y agoPython ... Subsecond latencies Ok
- ur-whale 5y ago>Python ... Subsecond latencies Lol, fair enough. But I believe my point stands even if you go to python-level latencies.
- wombatpm 5y agoBitcoin transactions with sub second latency Double ok
- tommek4077 5y agoYou dont trade on the blockchain. We build software that does multi hundred millions orders per day. Millions of trades. But of course, not in python.
- tata71 5y agoIn Go, lol
- FooBarBizBazz 5y ago"Subsecond" isn't much of a bar. A second is an eternity.