Sunday, March 13, 2016

A good explanation of block chain

From Barclays

I call it an adaptive Huffman encoder with an infinite window.. The compression ratio is one.

Banker bot differs,. the bot says some events in the past are below the currency risk threshold.  The unstructured liquidity is counted and takes the null break even bet, it is not inside information, all betters know about it.  It is just unstructured noise and not representative of any betting.  The unstructured liquidity never gets too large as it will cause continual clearing of the bets.  When bets begin to continually clear, the unstructured liquidity begins to take structured bets (reveal inside information), unless the betting tree is going broke. If the betting tree goes broke, it declares a bankruptcy loss of capital investment, about $50, the monthly cost of web space.

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