Transaction Fees, Block Size Limit, and Auctions in Bitcoin

Confirmation of Bitcoin transactions is executed in blocks, which are then stored in the Blockchain. As compared to the number of transactions in the mempool, the set of transactions which are verified but not yet confirmed, available space for inclusion in a block is typically limited. For this rea...

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Bibliographic Details
Main Author: Nicola Dimitri
Format: Article
Language:English
Published: University Library System, University of Pittsburgh 2019-06-01
Series:Ledger
Online Access:http://ledger.pitt.edu/ojs/index.php/ledger/article/view/145