Probabilistic Calculus

Definition ∞ Probabilistic Calculus is a branch of mathematics that deals with continuous-time stochastic processes, particularly those involving random variables that change over time. It extends traditional calculus to functions of random processes, enabling the modeling of systems with inherent uncertainty. This mathematical framework is essential for analyzing and predicting the behavior of complex systems where randomness plays a significant role. It provides tools for understanding probabilities associated with dynamic events.
Context ∞ In cryptocurrency and blockchain, Probabilistic Calculus can be applied to model network congestion, transaction finality, or the security of consensus mechanisms. Researchers might use it to assess the likelihood of certain attacks or the performance of decentralized systems under varying conditions. News reports on advanced cryptographic research or protocol optimizations may reference the underlying mathematical principles.