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I'm trying to understand Bitcoin as a store of decreased entropy. It's an interesting information-theoretical question as to how much information will eventuall
by intrasight 6y ago
I'm trying to understand Bitcoin as a store of decreased entropy. It's an interesting information-theoretical question as to how much information will eventually be captured by Bitcoin, and what this ultimately means.
- shawnz 6y agoThere are lots of ways we already use "needless" competition to establish a consensus (or any natural system, really). Perhaps Bitcoin is just a trading platform for that competition. If that's the case then I would be interested to see how the success of more efficient proof-of-stake systems like Ethereum 2.0 might increase the overall energy efficiency of our species.