Comment Why is this news? (Score 1) 509
The number of primes pi(x) not exceeding x is approximately x/ln(x). (Source: Graham, Knuth and Patashnik, "Concrete Mathematics")
This paper has not seen any reasonable peer review. There are indices simply missing. The letter l (ell) is clearly not a good index. He uses n for number of transactions, users and networks. He even uses n for networks and users in the same formula, which must mean that number of users and networks are identical. In the summation of the users he leaves the denominators simply away. Usually scientiest don't name laws after themselves.
This doesn't mean that the basic idea might be wrong, but the work itself doesn't support the argument.
"What man has done, man can aspire to do." -- Jerry Pournelle, about space flight