当前位置: X-MOL 学术Metaphilosophy › 论文详情
Our official English website, www.x-mol.net, welcomes your feedback! (Note: you will need to create a separate account there.)
On the Philosophy of Bitcoin/Blockchain Technology: Is it a Chaotic, Complex System?
Metaphilosophy ( IF 0.4 ) Pub Date : 2017-10-01 , DOI: 10.1111/meta.12266
Renato P. Dos Santos 1
Affiliation  

The philosophy of blockchain technology is concerned, among other things, with blockchain ontology, how it might be characterised, how it is being created, implemented, and adopted, how it operates in the world, and how it evolves over time. This paper concentrates on whether Bitcoin/blockchain can be considered a complex system and, if so, whether it is a chaotic one. Beyond mere academic curiosity, a positive response would raise concerns about the likelihood of Bitcoin/blockchain entering a 2010-Flash-Crash-type of chaotic regime, with catastrophic consequences for financial systems based on it. The paper starts by highlighting the relevant details of the Bitcoin/blockchain ecosystem formed by the blockchain itself, bitcoin end users (payers and payees), capital gains seekers, miners, full nodes maintainers, and developers, and their interactions. Then the Information Theory of Complex Systems is briefly discussed for later use. Finally, the blockchain is investigated with the help of Crutchfield's Statistical Complexity measure. The low non-null statistical complexity value obtained suggests that the blockchain may be considered algorithmically complicated but hardly a complex system and unlikely to enter a chaotic regime.

中文翻译:

关于比特币/区块链技术的哲学:它是一个混乱、复杂的系统吗?

区块链技术的哲学与其他方面有关,包括区块链本体、它的特征、它是如何被创建、实施和采用的、它如何在世界上运作以及它如何随着时间的推移而演变。本文集中讨论比特币/区块链是否可以被认为是一个复杂的系统,如果是,它是否是一个混乱的系统。除了单纯的学术好奇之外,积极的回应会引起人们对比特币/区块链进入 2010 年闪电崩盘类型的混乱局面的可能性的担忧,从而对基于它的金融系统造成灾难性后果。论文首先重点介绍了由区块链本身、比特币终端用户(付款人和收款人)、资本收益寻求者、矿工、全节点维护者和开发者组成的比特币/区块链生态系统的相关细节,以及他们的互动。然后简要讨论复杂系统的信息论以供以后使用。最后,在 Crutchfield 的统计复杂性度量的帮助下对区块链进行了调查。获得的低非零统计复杂度值表明,区块链在算法上可能被认为是复杂的,但几乎不是一个复杂的系统,不太可能进入混沌状态。
更新日期:2017-10-01
down
wechat
bug