If energy spent produces only heat, how do you explain the existence of a persistent block afterward? What physical process made that block real?
Why can every node instantly reject an invalid block without redoing the work? If the work left no informational trace, wouldn’t validation require recomputation?
Is it possible that nobody has the proper framework to articulate this fully because we have not yet understood how bitcoin is the intersection of computer science, information theory, economics and physics into a measurable instantiation of time itself?
Clearly time is the biggest problem in physics; nobody has a full grasp on entropy.
I find it odd that Bitcoin produces time from entropy. Must be nothin’