vnprc on Nostr: I really like the metaphor of bitcoin as a tree. The leaves are UTXOs. They express ...
I really like the metaphor of bitcoin as a tree.
The leaves are UTXOs. They express the current state of all spendable coins. Over time these leaves bud, grow, & die as the UTXO set turns over.
The trunk is the blockchain. It slowly grows one block at a time. It's purpose is to take resources from the roots and carry them to the leaves where they can be put to productive use.
The roots are miners. They absorb resources from the real world and funnel it up to the trunk where it can be used to extend the blockchain and reshuffle the UTXO set.
We think of a tree as a single organism but really it is a collection of cellular automata working together towards a common purpose. When viewed from the cellular level a tree is a swarm, a superorganism. Each cell runs a program. It expresses its DNA (source code) when interacting with the other cells.
Unlike living trees, we take an active role in shaping the DNA of this tree. We need to ensure it has the best DNA possible in order for the whole tree to flourish. And human civilization with it.
I think we have a lot of work left to do with the roots. Our root cell DNA is 10 years behind the curve. We need robust and free (as in speech) hardware and software for all roles in bitcoin mining. I'm going to do my part to make it happen.
The leaves are UTXOs. They express the current state of all spendable coins. Over time these leaves bud, grow, & die as the UTXO set turns over.
The trunk is the blockchain. It slowly grows one block at a time. It's purpose is to take resources from the roots and carry them to the leaves where they can be put to productive use.
The roots are miners. They absorb resources from the real world and funnel it up to the trunk where it can be used to extend the blockchain and reshuffle the UTXO set.
We think of a tree as a single organism but really it is a collection of cellular automata working together towards a common purpose. When viewed from the cellular level a tree is a swarm, a superorganism. Each cell runs a program. It expresses its DNA (source code) when interacting with the other cells.
Unlike living trees, we take an active role in shaping the DNA of this tree. We need to ensure it has the best DNA possible in order for the whole tree to flourish. And human civilization with it.
I think we have a lot of work left to do with the roots. Our root cell DNA is 10 years behind the curve. We need robust and free (as in speech) hardware and software for all roles in bitcoin mining. I'm going to do my part to make it happen.