From 40b883a07c94e6e965143a01c17022f56735dbf3 Mon Sep 17 00:00:00 2001 From: Vitalik Buterin Date: Tue, 9 Oct 2018 18:53:12 -0400 Subject: [PATCH] small correction to the correction --- papers/pricing/ethpricing.tex | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/papers/pricing/ethpricing.tex b/papers/pricing/ethpricing.tex index 6847443..f4ed3ae 100644 --- a/papers/pricing/ethpricing.tex +++ b/papers/pricing/ethpricing.tex @@ -126,7 +126,7 @@ In Bitcoin and Ethereum, resources are priced using a simple ``cap-and-trade'' s \end{equation} \end{scriptsize} -Where $len(x)$ returns the number of bytes in $x$. For technical reasons that is related to attempting to price in history and state storage costs, the bytes in signatures of transactions are priced more cheaply than the non-signature data in transactions. In Ethereum, there is a measure called ``gas'' which incorporates the size of the block as well as the computational cost of verifying transactions and executing smart contract code. For simplicity of exposition, this can be approximated as: +Where $len(x)$ returns the number of bytes in $x$. For technical reasons related to the desire to price in history and state storage costs, the bytes in signatures of transactions are priced more cheaply than the non-signature data in transactions. In Ethereum, there is a measure called ``gas'' which incorporates the size of the block as well as the computational cost of verifying transactions and executing smart contract code. For simplicity of exposition, this can be approximated as: \begin{footnotesize} \begin{equation}