Stanford Physicist Finds That Bitcoin Transactions Mirror the Laws of Nature

in bitcoin •  last year

In the wake of Bitcoin’s meteoric rise in popularity, interest in the dynamics of Bitcoin and other cryptocurrencies has skyrocketed over the past year. With bank-based blockchain projects poised to revolutionize the world of financial services, researchers continue to study the new technology to better understand the inner-workings of the blockchain, as well its economic, social, and technological implications.

One such researcher from Stanford University recently uncovered a parallel between cryptocurrency transactions and the structure of swirling liquid that may help develop more advanced digital security, help validate precise procedures used in drug development, and even further our understanding of physical processes in nature.

In a study published Monday in Proceedings of the National Academy of Sciences, Stanford applied physics doctoral student William Gilpin explains how swirling liquids like coffee follow the same principles as cryptocurrency transactions. Cryptocurrency transactions are encrypted through a complex mathematical function called a cryptographic hash. Hash functions work by “mathematically transform[ing] digital information into a unique output that disguises the input. Hash functions are deliberately designed to be complex, but they also remain consistent so that the same input always produces the same output. However, two similar inputs will likely produce very different outputs.”

Gilpin said he noticed “similarities between the way hash functions work and the physical laws involved with stirring a liquid” and decided to explore it during a winter break.

Focusing on a principle called chaotic mixing, Gilpin found that the equations in mixing a fluid were almost identical to the properties of a hash function. “I wasn’t expecting it to perform that well,” Gilpin said. “When it looked like it satisfied every property of a hash function I started getting really excited. It suggests that there’s something more fundamental going on with how chaotic math is acting.”

In addition to helping develop more secure ways to protect information, this connection could also be used to improve drug development methods that require injecting various fluids at specific points in time, according to Gilpin. “If you don’t form the correct arrangement when you’re done, then you know that one of your processes didn’t go right,” he said. “The chaotic property ensures that you’re not going to accidentally get a final product that looks correct.”

The findings also indicate that cryptographic computations occur not only in the digital world but also in nature. According to Gilpin, “Something as ordinary as a fluid is still performing computations. It’s not something only humans tell computers to do. It’s something that nature does and it shows up in the structure of how things form.”

While Gilpin is not himself a computer scientist or drug developer, he’s excited about the doors this discovery will open in other fields. “Having an actual physical model and showing that this is a naturally occurring process might open up new ways to think about those functions,” he said.

By Josie Wales / Creative Commons / Anti-Media / Report a typo


antimedia

The Homepage of Independent Media


| Steemit | Facebook | Instagram |

| Twitter | YouTube | Google+ |

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

thanks for the notice, but I do not understand the bitcoin, sorry just beginners in steemit

·

Welcome follow and upvote and resteem what’s important to you. 6079A9D2-CF80-4351-857E-B7DCD16E89F8.jpeg

·
·

thank you for sharing his information, I will follow

·
·
·

Steemit is a community that supports its members. It’s not a “how do I fuck over the next person” type of community like Facebook is....imagine when steemit ...not IF steemit but WHEN steemit reaches higher numbers of account users (currently around 1million users) just think of the price of steem and how it’ll be affected once new users get on board.....super exciting stuff.. and we are all the early adopters..I mean the shit is still in beta lol!!!
Collect your cheap steem now while u can...and use the internal market to trade SteemBackedDollars for steem for freeeee

·
·
·
·

yes I agree, like her I have to learn more from you. thanks friends for his motivation

Great read and I support you!!

To think about it, hashing and [fluid] mixing are similar processes. So it does make a lot of sense for them to conform to the same models.

Great insight by that scientist, re-steemed , supported and followed you. keep up with the quality content!

I can't help but agree Gilpin. From the explanation he has given I agree that the dynamics of hash functions could be same as that of stirring a liquid.

Definitely can’t read this while I’m driving. Gonna have to read later. Saved! Lol

Congratulations @antimedia! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

Upvote this notification to help all Steemit users. Learn why here!

Hmm I'm not much of a scientist/mathematician but it sure is an amazing feeling when you discover/realize something like he did.

I do not understand, if you do not mind may be in love explanation

Congratulations @antimedia! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

Upvote this notification to help all Steemit users. Learn why here!

This is definitely the wake of a new revolution! so exciting!