3 ms·
A similar model applies to analyzing Bitcoin blocks. The "event" in this case is a block that is at its maximum capacity: https://www.reddit.com/r/Bitcoin/comme
by chejazi 11y ago
A similar model applies to analyzing Bitcoin blocks. The "event" in this case is a block that is at its maximum capacity: https://www.reddit.com/r/Bitcoin/comments/38zww2/tom_harding_block_size_experiment_underway/ https://www.reddit.com/r/Bitcoin/comments/38zww2/tom_harding...
- kylebrown 11y agoThe Poisson process equation is actually in Satoshi's whitepaper. The 6-block confirmation rule-of-thumb comes from it.