for significant learning. Excellent stuff OP...please go on.
Having worked professionally with IT and software for more than 30 years, with the last couple of years dedicated to blockchain - it's clear to me that the blockchain design is universal
, and that its decentralized structure, its consensus models and incentive/reward mechanisms are generic.
Conceptually, blockchain is a “single ledger that delivers trust, transfer and settlement for all types of asset- and resource exchanges” - BUT it's also an emerging NEW “suprasystem” that spawns a new form of distributed intelligence.
In my opinion blc is a reflection of how the computational component of "nature" woks...so I'm very aligned with your referral to blockchain.
Yes, it will certainly be an interesting topic for some years to come.
At its essence, blockchain is a ledger of information that can be trusted.
When we think of where in the dimensions of time 'trust' can be applied, we come up with just one place:Past
- can be trusted // is static // about relationshipsPresent
- cannot somewhat be trusted // balanceFuture
- cannot be trusted // is dynamic // about interactions
Blockchain could be thought of as a universal clock. This universal clock is something that tells the 'time' of perspective by allowing one thing to relate to any other thing via time in time-space.
Then we have:Past
- validated perceptionsPresent
- unvalidated perceptions
We perceive of everything-at-once but do not validate the perceptions until we reach consensus via the things around it. The question would be, "How related is this perception with the current flavor of my perspective?"
For example, although a subway trip 20 years in future is in your perspective right now it is not relevant to what you are 'now' experiencing. It hasn't yet reached consensus
with the other things in your current reality, so cannot be validated. (That is, it's not that related to your current total experience.) But the perception of something 2 minutes from now, for example, is approaching consensus and will reach validation in about 2 minutes.
(Perhaps someone who gets the above can explain it better than I can.)
So imagine that in time-space, blockchain is the clock-chain that organizes things. A ledger is made up of both static information (a registry of relationships) and dynamic data (transactional perspective, or where you sit on the clock)
The universal blockchain allows us to have memory (Order) where there was only Chaos before. Tokenization would be the spatial component to balance out blockchain's linear utility via interactions. Without tokens to limit blockchain, the power to validate transactions will rest in the hands of only a few.
The current drive towards the 'blockchain singularity' is, as mentioned, a Marxist drive. The goal is to re-write history, so to speak. That is, to re-write the blockchain. Up becomes down, good become evil, etc.
A token is just a proxy to interface with something else. So by tokenizing things, we allow for easier interactions. That is how the universe works (because nothing can be perceived directly). We perceive the token of something rather than the thing itself, then interact with it. This removes friction from interactions (or transactions) that would otherwise be more complex or expensive. Perceiving the sub-atomic particles of your hand, for example, would be too costly for your perspective, so a proxy is perceived instead (though even the sub-atomic particles are proxies of their own).
The larger a blockchain is the more efficient the system becomes. With a universal blockchain, no energy need at all be used.
Though all the interactions in the universe are really just one big token running on a treadmill of time (the blockchain), humanity's efforts at tokenization over the past few hundred thousand years allow for a more streamlined interface to the universal blockchain.
Tokens allow us to bypass the authority of (and layers between) the thing it represents. This presents a new type of economic and social model that has the ability to change so much about our world.Old model: Do something important by filling out lots of forms, jumping through hoops, spending lots of energy, wasting resources, knowing the right people, etc. (Wasted interactions)New model: Create a token for what you want and interact with the token.
Blockchain + Tokenization is how the universe works because it is how perspective itself works: Order + Chaos
Via the universal blockchain, everything becomes relatable. Via tokens, everything becomes accessible.