The following is a brief introduction to the topic:
Both liberating and constricting, names can have a dual effect. We give something a title to help us talk about our common environment. A label may also obscure something due to preconceived notions. Labels make it harder for everyone to comprehend what a thing is.
The white paper, entitled Satoshi’s Secret, was published in 2008 by Satoshi Nakamoto. “Bitcoin: A Peer-to-Peer Electronic Cash System”1. The paper presents a novel distributed system called Bitcoin which acts as a digital ledger that is immutable. It’s hard to pinpoint the innovation that was at its core. This context is important. articleThe best way to describe this innovation is to say that it’s a computerized system which controls a data base, and can be modified or added to depending on its energy supply (electricity). This machine is different from standard computers, which are controlled by the linguistic logic of the programmer.
Incorporating physical energy to the network operations was an important moment in creating digitally-native money. Nick Szabo, in his work “Shelling Out: The Origins of Money,” This article provides an ethnological explanation of the development of money.2. Two parties who are not always trustworthy must learn to work together in order to trade. For this, we can use tokens of records that obey the laws of nature and are therefore trustworthy. When a commodity is rare and difficult to replicate, people can understand how much energy it takes to fake it. The scarcity of an object is the way homo sapiens detects how much energy it takes to acquire that item, which gives them trust and legitimacy as a record. In our efforts to work together and build trust, energy is more valuable. Bitcoin, which is energy-intensive and immutable, fits the bill perfectly.
As this system has evolved, it is becoming clear that Bitcoin does much more than just produce an asset that’s digital and scarce. To reassess the wider function of Bitcoin, it might be useful to give Bitcoin an alternative name. Let’s call it a entropy generator for now.
Entropy
The word entropy can be expressed in many different ways. Let’s start with the following equation.
S = kB x lnΩ
S, meaning entropy, equals Boltzmann constant (k) times the natural log of the number of particles (Ω) contained within a system3. The quantity of states that a system is capable of exhibiting can be referred to as entropy. There are many more configurations possible for a large container full of molecules than there would be in a small container. There are more possible arrangements of molecules in a container with more particles. In an isolated system the total entropy cannot be reduced, it can only rise. This is according to second law thermodynamics. Because entropy is always increasing, the molecules will eventually arrange themselves in the most probable way, which means they’ll all be spread out evenly. It is called thermodynamic equilibrium and it’s what the universe strives for. It is natural law that entropy will continue to increase.
It is related to randomness due to the relationship between entropy and possible states. It is also related to heat loss. According to the second law of thermodynamics, heat will be lost when converting one type of energy into another. Conversion is not 100% efficient. You will feel heat when you rub your hands very fast. You are contributing to an increase in the entropy (or disorder) of the universe.
This computer system produces heat as well as randomness. A computer that runs the software has to make many guesses before it can add new transactions. More random guesses are made by the machine faster, and the greater the chance of the machine being awarded bitcoin. It will function better and produce more heat if it can generate more randomness. This machine is about all things entropy.
Entropy machines are also more beneficial to the users if you can increase the amount of entropy. Cryptography is based on the mathematics of entropy. In terms of informational-entropy, another way to interpret the equation is the fact that more particles represent information required to determine the state of a given system.3. Put another way: the more complex and possible states a system can have, the higher the information required to fully understand it. More entropy means that an event is more likely to be unpredictable or surprising.3. Entropy Engine relies on public-private keys cryptography. The system will provide a user with a public-key where bitcoins are received. Only they are able to send their bitcoins because only they possess the private keys, which can’t be obtained from the publicly available key. It is important that an individual keep their private key private. Cryptographic schemes assume highly random keys.3. This means that the higher the randomness of a key used, the better one’s property will be protected on the network. Entropy is used by both the users and the administrators of the network.
Entropy and Life: The Pursuit of Entropy
It is important to note that this system can not only be considered an engine of entropy, from a scientific point-of-view but also from the perspective of society. This observation can reconciled to the fact that the biological world facilitates an increase in entropy. Imagine the bathtub drain. When the plug is removed, water in the tub will flow into the drain. Imagine this is the tendency of the universe to increase its entropy. This transition will be facilitated by a sustained, orderly vortex at the drain. The order develops in the drain to dissipate and absorb the energy. This speeds up the generation of more entropy. The sun transfers its energy to Earth and the result is an increase in entropy. The plants grow in order to capture the sun’s energy and to store that energy. And the animals then eat the plants, which further processes the energy. Imagine the warmness of a person’s body as a sign they are alive. The body dissipates energy continuously in the form of heat. Entropy is the goal of all life forms.
We can move our society forward by finding more effective ways to disperse and harness energy. Our ability to transform the stored energy in wood and produce heat was a classic. Then we learned how to harness the stored energy in coal, oil and eventually wind. Finally, we upgraded and began to use energy directly from atoms. The energy we absorb (through wood, coal oil, sun, wind etc.) is then used to create something else. We absorb energy (in the form of wood, coal, oil or sunlight) only to use it in our own benefit. While we are learning to harness new forms of energy, society is prospering and making great advances in technology. The heat is lost as the energy is used, increasing entropy. As the vortex, we create order and speed up the process.
The fundamental desire of humanity is to release stored energy. The entropy motor seems to give humanity an additional push in the right direction. Take a rural village without any electric infrastructure, but located near a large river. It is possible to build a dam. The capital cost of building a dam might be prohibitive for an ambitious entrepreneur. The village may not immediately buy all the modern electrical appliances once the dam has been built. Most likely, each household will buy at least one lightbulb to allow their children to study. work After sunset. The revenue generated by one lightbulb per night for each home, though life-changing to the community as a whole, isn’t enough to pay the dam capital costs. Many areas around the globe would have been without electricity before the invention of the entropy engines. An entropy-engine operator will now purchase any unused electricity at the dam, because it is cheaper. A new customer is willing to purchase all excess electricity from the dam. The dam suddenly becomes financially viable. Prior to Satoshi’s invention there was energy on Earth which humans had not discovered. financial Harness means to use. The pockets of energy suddenly become feasible by creating an entropy motor, and we can harness them in greater numbers.
Entropy engine operators’ business models not only make energy infrastructure previously out of reach affordable, they also help to encourage the production of renewable energy instead of fossil fuels. Due to electricity demand, energy grids need flexibility. It is important that the supply of electrons to a particular city matches its demand at any given time. It is obvious that a city’s electricity demand will change throughout the day. The electrical grid must be able adjust energy production to meet demand. At the moment, batteries aren’t enough to store power when not needed. The development of renewable infrastructure is hampered by this, particularly wind and solar energy, as nature determines the time of energy production, regardless of city needs. Energy is wasted if it’s not utilized. The city will be without electricity if not enough energy is produced. Fossil fuels can help stabilize the grid because they are easily changeable based on demand. This problem would be alleviated by developing enough renewable sources that can produce energy at all times. The energy provider would be left with no customers for the excess electricity, which makes it economically unviable. The operators of entropy engines could then encourage renewable energy production by providing shock-absorbing service and increasing profitability, in exchange with cheap electricity costs when excess supply is present.4. Entropy engines buy any electricity that isn’t sent to cities, which makes the investment in renewable energy infrastructure economically feasible. This is also true for nuclear power, which struggles to manage demand responses on its own. own4. The research shows that the operators of entropy generators provide additional revenue streams to motivate renewable energy and greener grids.4,5.
Entropy – The Cause of War and Now Peace
The relationship between the human civilization and entropy, or the engine of entropy, is not limited to our desire to release and utilize energy. This can be viewed from both a political and societal perspective. A thesis called Softwar: a Novel Theory of Power Projection and the National Strategic Meaning of Bitcoin Major Jason P. Lowery from the United States Space Force uses a description on how energy can be organized according to the law of entropy in order to describe the patterns of behavior of humans around warfare.6. According to the power projection theory, life was formed by using energy to isolate other resources (also known as energy) from their environment. The theory describes how the order of things was created to allow for an increase in entropy. It can be seen in both the behaviour of animals in nature and the formation of prokaryotic cell in hydrothermal vents in fissures on the sea floor. Major Lowry shows wolves snapping their teeth at someone who would steal their newly acquired food to demonstrate that the costs of theft would outweigh the benefits. In this case, the wolf uses power to maintain its resources. In order to achieve this, pack animals like wolves have to create a hierarchy of power in their groups. This ensures that only the most dominant wolf is allowed to feed, and reproduce. In order to achieve this, wolves will physically compete with each other in an effort to establish dominance. Unfortunately, this is not an option. Two wolves will continue to fight until they have their fangs firmly on each other’s jugulars in order to demonstrate superiority.6. The physicality needed to establish power hierarchies is dangerous, and can lead to fratricidal behavior. Deer and other animals have developed antlers that allow them to project power against their opponents. However, this also allows for safe competition amongst their own species, as their antlers tangle when they bump heads. Deer have developed this method to manage internal power hierarchy using physical force with less risk of fratricide.
Major Lowry proposes the notion that language and story-telling developed into a form abstract power projection as a way to try to organise resource without using physical violence.6. The universe is prone to increasing entropy and uses physical energy for managing resource energy. Nature doesn’t recognize any management of resource other than through physical energy. We are therefore stuck in the cycle of being unable to control our society and its resources by abstracting power. War, civil wars, and revolutions continue to occur, much to our frustration and dissatisfaction. This is nature’s way of organizing its resources. Major Lowry offers a grim outlook for how human beings must organize themselves. However, the technology innovation of an “entropy” engine can solve this critical flaw. The entropy motor is a tool for managing resources with physical power. The entropy engine is like a technological antler, allowing humans to organise themselves according to the laws of the nature without the use of kinetic violence or fratricide. The entropy machine promotes mutual protection, rather than mutually guaranteed destruction by nuclear war. We all use it to simultaneously protect ourselves and our resources.
The conclusion of the article is:
This engine is dependent on the production of entropy. The machines with the highest entropy can be used by its users to protect their assets. This technology encourages, subventions and allows the harnessing previously untapped energies of Earth. The ability to use peaceful methods to gain resources could reduce our desire to wage wars. Bitcoin is the entropy-engine that accelerates humankind in its cosmic goal of increasing energy flow throughout the universe. While making the society a more peaceful and co-operative, resource abundant, it also makes the economy grow. What is Bitcoin if the second law thermodynamics makes it inevitable?
Referrals
1. Nakamoto, S.: Bitcoin: A peer-to-peer electronic cash system. Accessible November 16, 2021. https://bitcoin.org
2. Szabo, N. The origins of money: Shelling out. Satoshi Nakamoto Institute. Published in 2002. Accessed April 19, 2023. https://nakamotoinstitute.org/shelling-out/
3. The Odyssey of Entropy : Cryptography. Entropy. 2022;24(2). doi:10.3390/e24020266
4. Prescott S, Rudd MA, Ignacio Ibañez J, Freier A. Bitcoin’sBitcoin’s Carbon Footprint Revisited: Proof of Work Mining for Renewable Energy Expansion. Challenges 2023, Vol 14, Page 35. 2023;14(3):35. doi:10.3390/CHALLE14030035
5. Rhodes JD. Deetjen T. Smith C. Impacts of large, flexible data center operations on the future of ERCOT. Published online in 2021.
6. Lowry J. Softwar: An Innovative Theory of Power Projection, and National Strategic Importance for Bitcoins: Lowery: Jason Paul: Lowery: 9798371524188. Amazon.Com. Books. Massachusetts Institute of Technology, 2023.
Sydney Bright has written a guest blog. The opinions expressed by the authors are their own. own These views do not reflect the opinions of BTC Inc.
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Source: bitcoinmagazine.com