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Board Beginners & Help
Re: Confirmation Time
by
Come-from-Beyond
on 01/03/2015, 17:35:39 UTC
This is why I like mathematicians - they create a model and analyze it without taking into account conditions of the real world... and suddenly come to a conclusion that doesn't make much sense.

As we know, block space is limited and confirmation of a single transaction depends on how many unconfirmed transactions are pending. Hence we can't use Poisson process that doesn't have memory. Hence your model can't be described as such a process. Try another model or extend the existing one.