Effect of Bitcoin fee on transaction-confirmation process

DOI10.3934/JIMO.2018047zbMath1415.90028arXiv1604.00103OpenAlexW2619655139WikidataQ129720124 ScholiaQ129720124MaRDI QIDQ2423290

Jun Kawahara, Shoji Kasahara

Publication date: 21 June 2019

Published in: Journal of Industrial and Management Optimization (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1604.00103

zbMATH Keywords

priority queueblockchainBitcointransaction-confirmation timefee

Mathematics Subject Classification ID

Queueing theory (aspects of probability theory) (60K25) Queues and service in operations research (90B22)

Related Items (5)

Blockchain mining in pools: analyzing the trade-off between profitability and ruin ⋮ On classes of Bitcoin-inspired infinite-server queueing systems ⋮ A further study of some Markovian Bitcoin models from Göbel et al. ⋮ A stochastic model and social optimization of a blockchain system based on a general limited batch service queue ⋮ A Bitcoin-inspired infinite-server model with a random fluid limit

Cites Work

• The queuing system \(M/G^B/1\) and its ramifications
• Secure High-Rate Transaction Processing in Bitcoin
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