in the website it says
"Each block's coinbase selects a subset of this space, creating a measurable quantity of Shannon information: H = −p_block · ln(p_block)"
assuming it's binary why do you ig...
The formula on the page isn't binary entropy it's this block's contribution to the total Shannon entropy of the supply distribution across the entire chain. Each block contributes −p_i·ln(p_i) to H_total = −Σ p_i·ln(p_i). The "(1-p)" counterpart lives in the other blocks' terms. But the text is ambiguous about this and reads like it's defining a standalone binary quantity. Fair point, will tighten the wording.
It would be amazing to have your eyes on Bitcoin Lens paper https://bitcoinlens.net/
Our website is more a reflection of the paper.
It would be amazing to have your eyes on Bitcoin Lens paper https://bitcoinlens.net/
Our website is more a reflection of the paper.