It is no accident that the 2nd law of thermodynamics is the only equation of fundamental physics that knows any difference between past and future. Because of this, I am convinced that proof-of-work is the only way to introduce time into the timeless digital realm. Everything else relies on external factors and is bound to collapse once these external factors provide false inputs. It goes even deeper than that: The problem of synchronizing clocks is ultimately an insoluble one. Bitcoin offers a practical solution to this impossible problem. You can not solve this problem without introducing a new arrow of time, a distinction between past and future. The link between time and heat is fundamental: without heat, a distinction between past and future is impossible. Without a distinction between past and future, a ledger - something that keeps track of things - is impossible. Once you understand the profundity of the problem, the beauty of Bitcoin's probabilistic solution becomes obvious. Synchronization via a difficulty-adjusted proof-of-work is the innovation. All Credit Should Go To : https://twitter.com/dergigi [link] [comments] |
This blog brings you the best Cryptocurrency & Blockchain, ICO & P2P and Exchange & Laws news. Also contains technology and research based post from all around the world every single day. Get informed! Think Future!
Sunday, 8 May 2022
Ledgers require time, and time requires heat
Subscribe to:
Post Comments (Atom)
-
Crypto is pretty much the only reason I used Reddit anymore, and I'd like to stop using this website. submitted by /u/TheTruthHas...
-
submitted by /u/FearlessEggplant3036 [link] [comments] source https://www.reddit.com/r/btc/comments/12gt49l/supposedly_insiders_in_t...
-
submitted by /u/KillerHurdz [link] [comments] source https://www.reddit.com/r/btc/comments/a6bm9y/discussing_bitcoin_power_dyn...
No comments:
Post a Comment