1. Introduction

The history of computer communication contains many examples of efforts to align the capabilities of processors to that of communication media. Packet switching is the classic case of a careful tradeoff between the costs of memory, processing, and communications bandwidth.

With all of the attention and publicity focused on gigabit networks, not much notice has been given to small and largely unfunded research efforts which are studying innovative approaches for dealing with technical issues within the constraints of economic science. This memo defines one such paradigm.