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Showing posts from May, 2020

Blockchain and Bitcoin

Ontological Mathematics for Engineers: Blockchain and Bitcoin. In which we use the language of Ontological Mathematics to help us understand Blockchain and Bitcoin technologies. - "Mathematics is where essence and existence are identical." - "Time is the coin of your life. It is the only coin you have, and only you can determine how it will be spent. Be careful lest other people spend it for you. --- Carl Sandburg" - "Blockchain is the original God, Bitcoin its prophet, and the Altcoins are the disciples." - "Immutability changes everything." Introduction In this post, another entry in the Ontological Mathematics for Engineers series (or its implicit co-series Engineering for Ontological Mathematicians ), we primarily focus on the Blockchain and, to a lesser extent, its more widely known cousin Bitcoin. What makes this write-up unique is that we will be using the language of Ontological Mathematics (OM) to help us achieve our obj...