Damus

Recent Notes

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Jack K profile picture
Think of UTXOs as grouped “bits” of value (satoshis) existing in different points in time. What this visualization is showing is the relationship between those bits of value as they move through history and become recombined into new states.

Every UTXO on the input side of this coinjoin could have originated in a completely different block of time, with its own unique causal history. Yet on the output side, those histories are merged into a shared temporal event, the block. New UTXOs are created, and every output now carries a relationship to the same block of time and the same transaction history that produced them.

What is being mapped here is the relationship between time (block height) and memory (key space). Independent histories become linked through a common state transition and emerge with a shared causal ancestry.

This is entanglement properly defined within a verifiable system, as an observable relationship between conserved states across time. Independent histories become correlated through a shared measurement event, and that relationship remains permanently auditable within the ledger.

Bitcoin allows us to see the geometry of conservation directly. The UTXOs are the conserved states of value. The transaction is the shared measurement. The block is the moment (measurement) in time that binds them together into immutable history for eternity of the chain. They are forever linked, verifiably.
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Jack K profile picture
I’d argue nothing was money until Bitcoin. Just approximations of money.

That means only Bitcoin can natively define money by proof of work. Work is measured in joules, not fiat.
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Kyma Fi · 1d
All “money” or metrics of value were also forms of fiat to various degrees. There was always a group ( priests, rulers or king) that defined the metric , enforced the ledger or token. The term fiat means “let it be done” … implying centralized establishment of the metric. By that Latin d...
GJM · 1d
Some of us are finding it difficult to get up to speed…
Jack K profile picture
The double-spend problem is not a monetary problem. It is the physics problem of conservation and measurement viewed through a conserved and bounded (finite) mathematical substrate.

Any physical theory that cannot solve the double-spend problem of energy and mass lacks explanatory power, full stop. If a system cannot demonstrate how contradictory states become a single conserved state, then conservation is being assumed rather than explained.

Bitcoin solves this problem through proof of work. Work is performed, measurement occurs and a singular state is committed. Time advances.

The solution is a ledger/chain composed of quantized blocks of time (proof).

This is precisely why proof of stake cannot measure anything. Without proof of work, there is no objective accounting of energy from a quantized entropy (work) function. Without energy, there is no energy-mass equivalence of information. Proof of stake literally cannot produce proof of matter because time is simulated rather than computed. Without the energy content of information, there is no gravity of information.

In proof of stake, time is decreed by fiat, literally. In proof of work, time is earned through demonstrated work and proof.

One assumes the state. The other proves the state. A provable measurement.

Physics has spent a century searching for a mechanism of measurement. Bitcoin performs one approximately every ten minutes. Time can only be computed by work with proof. Conservation can only be computed through quatized blocks of proof. There is no second best measurement.

Guys, how many blocks is it going to take?
Artel 21 · 2d
nostr:nprofile1qythwumn8ghj7un9d3shjtnxda6kuarpd9hzuendqqsrcn632cfyx5j0xpld9m389370ffuzgp8muwshvcrqgwm26sn7uacykdprn you need to review https://gitlab.com/artel211/artel/-/blob/main/fetch_bitcoin_chai...
Jack K profile picture
I can’t give you full detail atm but block energy is calcd wrong.

pBlock= total transacted in block (inc coinbase)/supply

pBlock is how you calc the Shannon entropy H and Ublock

Tblock=coinbase (fee+subsidy)/supply

Ep= Planck Energy= 1.9561×10^9 joules (constant input wrong)

(D*2^32) is Boltzmann (nonce) side where Tnonce comes from.

Ublock=Unonce, solve for block first the use that energy to solve for Tnonce.

You don’t need Boltzmann’s constant at all (remove it)
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Artel 21 · 1d
Cool, will fix it!
Artel 21 · 1d
Applied your feedback! LLM confirmed they match the paper. Also had to change domain to https://artel21.vercel.app/bitcoin-energy.html as the last one run out of credits. It looks my previous vibe-coded physics were biased to external definition of energy and how minining blocks related to energy u...
Artel 21 · 2d
nostr:nprofile1qythwumn8ghj7un9d3shjtnxda6kuarpd9hzuendqqsrcn632cfyx5j0xpld9m389370ffuzgp8muwshvcrqgwm26sn7uacykdprn you need to review https://gitlab.com/artel211/artel/-/blob/main/fetch_bitcoin_chain_raw.py It contains canonical formulas which are applied over block data. I've updated README file...
Kyma Fi · 2d
🙌💯“Quantum Computers” are just supercooled chips. Bitcoin is a non-local machine with energy grounded state collapse through consensus, and 17 years of sustained coherence while “quantum...
Jack K profile picture
Coherence in Bitcoin is achieved through collapse. The network coheres to a single chain of time by resolving competing states into one valid block.

In centralized quantum computing, coherence is defined as preserving superposition for as long as possible, while collapse is treated as decoherence and the destruction of computation.

They have it completely inverted 😂

Coherence literally means “to hold together.” Yet a system of unresolved, contradictory states is being treated as coherent, while the act that produces a single non-contradictory state is treated as a loss of coherence.

Bitcoin demonstrates the opposite. The network becomes coherent precisely because contradiction is eliminated. Computation is the measurement. Computation is the collapse. Computation is the commitment to a single conserved state. No coherence, no conservation, no value.

The quantum industry treats the possibility space as fundamental and the resolution as the failure mode. Bitcoin empirically demonstrated that the possibility space is not the computation at all. The computation is the act of resolution that produces a coherent chain of history.

A system does not hold together by preserving contradiction. A system holds together by resolving it. That’s what coherence means. They are so rekt!
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Artel 21 · 5d
Hi nostr:nprofile1qythwumn8ghj7un9d3shjtnxda6kuarpd9hzuendqqsrcn632cfyx5j0xpld9m389370ffuzgp8muwshvcrqgwm26sn7uacykdprn Could you review https://artel21.netlify.app/bitcoin-energy ? Trying to visuali...
Jack K profile picture
Hey @Artel 21 I am starting to review the code in the gitlab, mostly looking at the python. I have some comments/concerns. What would be the best way for me to deliver these? I am very inexperienced with reviewing code so I don’t know how to structure my comments for you. I took a python course in 2022 but I have forgotten a lot of it 😅

I am finding some issues in the block energy calcs. Might be best to hold off on working until I can finish review. There are some structural changes that will affect the whole set.
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Artel 21 · 2d
nostr:nprofile1qythwumn8ghj7un9d3shjtnxda6kuarpd9hzuendqqsrcn632cfyx5j0xpld9m389370ffuzgp8muwshvcrqgwm26sn7uacykdprn let me help you. 1 - First you'd need to create Gitlab account on https://about.gitlab.com/ which is free. 2 - Navigate to https://gitlab.com/artel211/artel/-/work_items where you can...
Artel 21 · 2d
Yes, it's on gitlab https://gitlab.com/artel211/artel It should be public but ideally you need to create Gitlab account so you comment and contribute!