Conference paper
A probabilistic model of the bitcoin blockchain
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CVPRW 2019
We demonstrate the non-uniqueness of proportional fairness prices, and show that the model of Kelly et al. [9] falls into the category of models that can be generalized to allow optimization of the link prices, with a view toward profit maximization. However, through this framework, we also show that the total revenue that can be obtained through proportional fairness pricing on a network is unique.
Marc Jourdan, Sebastien Blandin, et al.
CVPRW 2019
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