The Ant, represents Proof of Work (PoW) algorithm, continued its climb and reached a round basin on the rock face, whose slick surface bore an extremely complicated image.
The ant (PoW) as we know is a social insect and very hardworking, as evidenced in Proof of Work (PoW) algorithm that was used in carving scarcity out of the stone of abundance.
The carving of scarcity/value out of the stone/rock of abundance is symbolized by the ant’s relentless climb to the rock surface. The extremely complicated image it bore represents the complex nature of PoW cryptography.
PoW(ant) knew that its tiny NEURAL NET had no way to store such a thing, but after determining the overall shape of the image, its PRIMITIVE ONE-CELL AESTHETIC was as sparked as it had been by the sense of the ₿.
Neural Network is a series of algorithms that endeavors to recognize underlying relationships in a set of data through a process that mimics/ copies the way the human brain operates. Simply put, a neural network is a Machine Learning mechanism that gives meaning to a set of data for easy human interpretation/understanding.
So here, PoW (ant) being primitive/basic/non-scalable in nature knew it couldn’t store or compute the algorithm alone. Therefore, the need to share with other ants/nodes to form a network in a PoW consensus. Logically so because its basic nature was as sparked/enthused by the sense/realization of a first truly decentralized digital currency yet to be unveiled, ₿.
Somehow the ant (PoW) seemed to recognize part of the image, a PAIR OF EYES. The ant was sensitive to eyes, because their gaze meant danger: – The pair of eyes here represents life form characterized by living things such as human beings. In this context however, the now-forming first digital currency is depicted as a living organism.
Note also, Central Governments are living organisms too because they possess eyes which can pose a sign of danger for this decentralized digital currency. Practically we see how government institutions and the banking sector label Proof of Work mining as being wasteful and environmentally unfriendly.
Hence, the campaign to ban PoW mining. Yet though, the ant(Pow) felt no anxiety now, perhaps it knew the eyes entail EXTRAORDINARY MEANINGS and rightly so because those eyes belong to the first truly decentralized crypto currency, ₿.
The ant(PoW) had already forgotten that when the giant being named Satoshi Nakamoto(genius individual or expert group) crouches down and looking at the FORMATION, he had been looking at those eyes: – Formation at this point represents the early block formation derived by PoW mining algorithm. Those blocks were and still are censorship-free, immutable, decentralized, and secured.
Hence, inspiring fearlessness in the ant(PoW) to climb out of the BASIN and up onto the formation’s peak: – Basin is a wide shallow bowl for holding stagnant liquids. Here it represents The Matrix in life with stagnated mindsets not opened to new ideas. The Matrix is a social conditioning of the mind where average people who do not believe in themselves live and do not amount to anything great. That’s the general belief, as in to believe in the lie mostly indoctrinated by political propaganda. Mediocrity/ cheap/ low value is also generally accepted then.
However, Bitcoin PoW unplugged its believers from The Matrix when the ant climbed up from the basin onto the formation peak, giving financial freedom devoid of political corruption to all believers in Proof of Work. Bitcoin is Truth and truth brings freedom and enlightenment.
The ant (PoW) felt no sense of towering above its surroundings, because it had no fear of falling. It had been blown off of places higher than this many times without any injury: – This attributes to the resilient and hack-proof nature of the Bitcoin blockchain inspite of many unsuccessful hacking attempts, yet Bitcoin PoW network has run with virtually 100%-uptime for 14 years since. Without the FEAR OF HEIGHTS, there can be no appreciation for the BEAUTY OF HIGH PLACES: – Fear of heights stands for the risk associated in trying new things, and the rewards from such daring adventure implies the beauty of such high places. Nothing ventured, nothing gained. This defines the beauty of self-sovereignty/independence.
Now at the foot of the formation(blocks), the SPIDER that Satoshi Nakamoto had swept aside with the FLOWERS was BEGINNING TO RECONSTRUCT ITS WEB: – Spider here represents Ethereum. The flowers symbolize Beauty. So, in the hands of Satoshi Nakamoto held the beauty of Bitcoin PoW which swept aside Ethereum. Satoshi Nakamoto swept it aside because even though Ethereum begun also as PoW, it lacks scarcity due to its abundant/unlimited supply. Making it less valuable than Bitcoin which is scarce due to its being carved out of the stone of abundance. The similarity here is this: the Ant and Spider are both insects engaged in PoW.
The difference lies in the innovative nature of the spider(Ethereum) in how it weaves its web with flexibility in trapping prey/food; the composability and expressiveness of Ethereum in supporting Smart Contracts and Decentralized Apps(dApps). Here the spider(Ethereum) reconstructing its web symbolizes the new fork called “Ethereum” that emerged from the original “Ethereum Classic” blockchain after the 2016 DAO Hack.
Spider drew a glistening strand from the rock face and swung itself like a pendulum to the ground: – Inferring Ethereum’s movement from top(rock surface) to bottom(ground) to create a new beginning in major hard forks that the Ethereum blockchain has implemented since Ethereum Classic.
Three more swings and the skeleton of the web was complete: – This implies three more forks in addition to the Ethereum Classic, namely; EtherZero, Metropolis, and Serenity/Ethereum 2(from PoW to PoS). Ten thousand times the web could be destroyed, and ten thousand times the spider would rebuild it: – signifies the numerous hacks and vulnerability exploitations suffered by some Smart Contracts on the Ethereum blockchain.
Inspite of all these attacks, new Smart Contracts and dApps are continually being developed on the chain endlessly. Hence, there was neither annoyance nor despair, nor any delight, just as it had been for a billion years: simply means, technology has no human emotions attached.
Satoshi Nakamoto stood in SILENCE for a while and then departed: – suggesting the departure of the anonymous Bitcoin creator(s) after having witnessed the first successful peer-to-peer (P2P) transaction. And when the VIBRATIONS in the ground had dissipated, the ant crawled a different way down the formation to hurry back to the nest and report on the location of a dead beetle: – Vibrations here represents the 2008 financial crisis, same year when Bitcoin was created. The crisis rapidly spread into a global economic shock, resulting in several bank failures.
Economies worldwide slowed down during the period since credit tightened and international trade declined. Housing markets suffered, unemployment increased resulting in evictions and foreclosures. Several businesses halted and failed. That period is called The Great Recession(TGR) and its “ground vibrations” was felt globally. The DEAD BEETLE in this context refers to Fiat Money(government-issued currency).
Fiat money was powerless and worthless in the wake of TGR. In effect, fiat economy is dead and nothing home to write about in the face of high inflation globally.
By crawling a different way down the formation after the crisis(vibrations) had disappeared, ant(Bitcoin) hurried back to its nest(Bitcoin network) to report on the location of a dead beetle(fiat): – simply put, Bitcoin exposed the weaknesses and corruptible/ dishonest/ unethical nature of Fiat Money.
The stars having grown dense in the sky is a metaphor that speaks of something hard to understand due to its complexity, denoting how even elite economists had no solutions to the crisis. Could also be interpreted as the Darkness that enveloped the global economy and caused severe depression on a wide scale, with dense stars in the sky capable of being seen from anywhere on the globe(ripple effect).
After all these however, when the ant(Bitcoin) passed the spider(Ethereum) down at the foot of the formation, they felt each other’s presence, but did not communicate: – Hinting the contention/conflict/variance between Bitcoin PoW and Ethereum PoS.
Finally, as that distant world held its breath to listen, neither ant(Bitcoin) nor spider(Ethereum) was aware that they, out of all life on Earth, were the sole witnesses to the birth of crypto world.
So in a nutshell, as the world civilization was awed/amazed by the design and performance of these two cryptographic blockchain technologies, neither Bitcoin nor Ethereum could fathom the reality that they were the only two technologies, out of all other technologies ever invented, in birthing a crypto world for mankind.
Among this cosmic civilization is the birth of the SATOSHI PLUS CONSENSUS running our CORE BLOCKCHAIN that solves the Blockchain Trilemma. Participants can join the TG Chat Group for informational purposes.
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