It does show the power of BTC in a new way
Topic: I had fun and made an analogy between laws of thermodynamics and Bitcoin (Read 229 times)
September 13, 2020, 05:32:11 PM
I have read your article on medium and I would suggest to you that you share it completely here, by editing your OP. It is quite an interesting read and unique approach to observe BTC and it's evolution. Pretty sure more people would appreciate it too after you share it here.
It does show the power of BTC in a new way
It does show the power of BTC in a new way
September 13, 2020, 09:46:30 AM
Conclusion
Following the thermodynamic analogy, I showed how transitions between Bitcoin phases resemble phase changes of a physical substance.
I have explained how Bitcoin by it’s design gravitates towards lower increase of entropy within network.
Bitcoin shows how important it is as decentralized system, having also impact on lowering the increase of violence in socio-economic system by being perfect power reservoir, hence disabling power flow to other systems.
Following the thermodynamic analogy, I showed how transitions between Bitcoin phases resemble phase changes of a physical substance.
I have explained how Bitcoin by it’s design gravitates towards lower increase of entropy within network.
Bitcoin shows how important it is as decentralized system, having also impact on lowering the increase of violence in socio-economic system by being perfect power reservoir, hence disabling power flow to other systems.
September 11, 2020, 11:27:30 AM
Hi!
I finally decided to write down some of my thoughts, which amused me for quite some time, about Bitcoin's behavior and discuss it with you.
So, about 10 months ago I've read Sovereign Individual. The thing that fascinated me was relationship between power and violence throughout our history. I wondered if there's some natural law that also governs our society since the technological transitions and revolutions played out in a same way. As if the evolution of human species is just a part, or another stage of Darwin's evolution.
After some thinking I found an analogy with laws of thermodynamics and technological revolutions. Since I strongly believe Bitcoin technological revolution, I played with its properties and presented them through analogy with entropy, heat capacity, phase changes.
When PlanB started sharing on Twitter updated graphs of his S2F model, I couldn't resist but to think how they resemble a phase change diagram so I included it in my analogy and expand the similarities since he started talking about different phases of Bitcoin as well.
I maybe sound crazy with this rambling but if you're interested, here's the link on article. https://medium.com/@LuxBTC/bitcoindynamics-6dae5f4bb3cb
I called it Bitcoindynamics.
I would be happy to discuss it with you, hear your ideas and maybe improve, expand the analogy even further.
I finally decided to write down some of my thoughts, which amused me for quite some time, about Bitcoin's behavior and discuss it with you.
So, about 10 months ago I've read Sovereign Individual. The thing that fascinated me was relationship between power and violence throughout our history. I wondered if there's some natural law that also governs our society since the technological transitions and revolutions played out in a same way. As if the evolution of human species is just a part, or another stage of Darwin's evolution.
After some thinking I found an analogy with laws of thermodynamics and technological revolutions. Since I strongly believe Bitcoin technological revolution, I played with its properties and presented them through analogy with entropy, heat capacity, phase changes.
When PlanB started sharing on Twitter updated graphs of his S2F model, I couldn't resist but to think how they resemble a phase change diagram so I included it in my analogy and expand the similarities since he started talking about different phases of Bitcoin as well.
I maybe sound crazy with this rambling but if you're interested, here's the link on article. https://medium.com/@LuxBTC/bitcoindynamics-6dae5f4bb3cb
I called it Bitcoindynamics.
I would be happy to discuss it with you, hear your ideas and maybe improve, expand the analogy even further.
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