๐ง๐ต๐ฒ ๐๐ฎ๐๐ฒ๐ฟ๐ ๐ผ๐ณ ๐๐ป๐ฒ๐ฟ๐ด๐-๐ฆ๐ฒ๐ฐ๐๐ฟ๐ฒ๐ฑ ๐ ๐ผ๐ป๐ฒ๐๐ถ๐๐ฎ๐๐ถ๐ผ๐ป: ๐ฃ๐ฎ๐ฟ๐ ๐ฎ โ ๐ง๐ต๐ฒ ๐ฆ๐ฎ๐๐น๐ผ๐ฟ ๐ฆ๐ฒ๐ฟ๐ถ๐ฒ๐, ๐ฃ๐ฎ๐ฟ๐ ๐ญ๐ฑ
This continues my review of the Saylor Series. For Part 14, follow the link at the bottom of this post.
Yesterday, I gave you 5 insights from nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5mโs conversation with nostr:npub15vzuezfxscdamew8rwakl5u5hdxw5mh47huxgq4jf879e6cvugsqjck4um on the first part of Bitcoinโs 7 layers of security.
In todayโs review, I will continue with the second part of this topic, and explore the ways that ๐๐ช๐ต๐ค๐ฐ๐ช๐ฏ ๐ช๐ด ๐ข ๐ณ๐ฆ๐ด๐ช๐ญ๐ช๐ฆ๐ฏ๐ต ๐ข๐ฏ๐ฅ ๐ข๐ฅ๐ข๐ฑ๐ต๐ข๐ฃ๐ญ๐ฆ ๐ฏ๐ฆ๐ต๐ธ๐ฐ๐ณ๐ฌ thatโs patterned after the decentralized resilience and adaptability found in nature.
Keep reading to learn more๐

๐๐ป๐๐ถ๐ด๐ต๐ #๐ญ: ๐๐ถ๐ฟ๐๐ ๐๐ถ๐ป๐ฒ ๐ผ๐ณ ๐๐ฒ๐ณ๐ฒ๐ป๐๐ฒ
Well-capitalized global Bitcoin mining companies have ๐ฃ๐ช๐ญ๐ญ๐ช๐ฐ๐ฏ๐ด of dollars at stake, so they constitute ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป'๐ ๐ณ๐ถ๐ฟ๐๐ ๐น๐ถ๐ป๐ฒ ๐ผ๐ณ ๐ฑ๐ฒ๐ณ๐ฒ๐ป๐๐ฒ. These miners operationally run the network by validating transactions and mining blocks. With infrastructure and operations spanning many jurisdictions, they are extremely resistant to attacks.
๐๐ป๐๐ถ๐ด๐ต๐ #๐ฎ: ๐๐ฟ๐ถ๐ฑ๐ด๐ถ๐ป๐ด ๐ช๐ผ๐ฟ๐น๐ฑ๐
Bitcoin mining expends real energy to ๐ฎ๐ป๐ฐ๐ต๐ผ๐ฟ ๐๐ต๐ฒ ๐ป๐ฎ๐๐ถ๐๐ฒ๐น๐ ๐ฑ๐ถ๐ด๐ถ๐๐ฎ๐น ๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐ฐ๐ ๐๐ผ ๐ฝ๐ต๐๐๐ถ๐ฐ๐ฎ๐น ๐ฟ๐ฒ๐ฎ๐น๐ถ๐๐. This energy burn attracts substantial conventional investments, since mining facilities have significant infrastructure and operating expenses. Because of this, ๐ฎ๐ช๐ฏ๐ช๐ฏ๐จ ๐ญ๐ช๐ฏ๐ฌ๐ด ๐๐ช๐ต๐ค๐ฐ๐ช๐ฏ'๐ด ๐ข๐ฑ๐ฐ๐ญ๐ช๐ต๐ช๐ค๐ข๐ญ ๐จ๐ฐ๐ท๐ฆ๐ณ๐ฏ๐ข๐ฏ๐ค๐ฆ ๐ต๐ฐ ๐ต๐ฉ๐ฆ ๐ฑ๐ฐ๐ญ๐ช๐ต๐ช๐ค๐ฐ-๐ฆ๐ค๐ฐ๐ฏ๐ฐ๐ฎ๐ช๐ค ๐ธ๐ฐ๐ณ๐ญ๐ฅ.
๐๐ป๐๐ถ๐ด๐ต๐ #๐ฏ: ๐ฆ๐ฝ๐ฎ๐ฐ๐ฒ-๐ง๐ถ๐บ๐ฒ ๐๐ผ๐ป๐๐๐ฎ๐ป๐๐
Invariant parameters in Bitcoin's protocol resemble cosmic space-time constants. All attempts to change these core settings are as ๐ฑ๐ถ๐๐ฎ๐๐๐ฟ๐ผ๐๐ as attempting to alter the fundamental laws of physics. Bitcoin's network remains stable by relying on the ๐ฑ๐ฆ๐ณ๐ฎ๐ข๐ฏ๐ฆ๐ฏ๐ค๐ฆ of its space-time foundations.
๐๐ป๐๐ถ๐ด๐ต๐ #๐ฐ: ๐๐ฒ๐ฐ๐ฒ๐ป๐๐ฟ๐ฎ๐น๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐๐ฟ๐ถ๐๐ฒ๐ฟ๐
Bitcoin's spatial distribution across the globe is driven by miner demand for inexpensive energy ๐ฎ๐ป๐๐๐ต๐ฒ๐ฟ๐ฒ ๐ถ๐ ๐ฒ๐ ๐ถ๐๐๐. Any attack on Bitcoin's entrenched mining infrastructure would require secretly marshalling resources at scale over ๐ฎ๐ข๐ฏ๐บ years. This demanding latency provides ๐ถ๐ป๐ต๐ฒ๐ฟ๐ฒ๐ป๐ ๐ฟ๐ฒ๐๐ถ๐๐๐ฎ๐ป๐ฐ๐ฒ against attempts for anyone to undermine the network.
๐๐ป๐๐ถ๐ด๐ต๐ #๐ฑ: ๐ฆ๐ฒ๐ ๐ถ๐ป ๐ฆ๐๐ผ๐ป๐ฒ
Bitcoin's innovation was digital irreproducibility โ ๐ข๐ฃ๐ด๐ฐ๐ญ๐ถ๐ต๐ฆ immutability cemented by Proof of Work. The network cannot function securely if participants believe its monetary assurances can be changed. While several past proposals have threatened this invariance, no maneuvers by developers can safely modify Bitcoin's essential parameters.

Thatโs all for Part 15!
Join me on Monday for Part 16, when Iโll dive into insights from Saylorโs discussion on how Bitcoin, as a monetary technology, has an evolutionary process of its own.
Be sure to hit ๐๐ถ๐ธ๐ฒ๐ค, and ๐๐ผ๐ผ๐ธ๐บ๐ฎ๐ฟ๐ธ๐ this for later!
And ๐ฆ๐ต๐ฎ๐ฟ๐ฒ๐ this so others can benefit from this, as well.
Were there any insights you wish I had said?
Drop it in the ๐๐ผ๐บ๐บ๐ฒ๐ป๐๐โฌ๏ธ
To read yesterdayโs post, go here:



