‍From human senses to decentralized hardware, understanding Bitcoin’s only expansion interface‍

Introduction‍

Why can Bitcoin’s price break historical highs again and again? Why can PoW continuously absorb energy from the real world, while PoS is like a closed loop?

The answer lies in a detail often overlooked: Nonce — Bitcoin’s sensory organ, and the only interface that can extend its consensus.

I. Perception and Decentralization

For humans to interact with the world, they must rely on physical senses. For Bitcoin to connect with reality, it must rely on computational hardware interfaces.

In other words: Computing power is #Bitcoin’s “sensory organ.” It allows this decentralized system to continuously perceive reality and keep evolving.‍

II. The Essential Difference Between PoW and PoS

• PoW/Bitcoin: An open mind, with sensory organs, able to continuously absorb energy from the external world.
• PoS/Token systems: A closed mind, without sensory organs, similar to autism, relying only on the initial value injection.
  

Real examples:

• DOT market cap ≈ ICO value.
• ETH market cap ≈ value at the moment of transition from PoW to PoS.
• Afterward, it can only consume itself in an internal cycle.

III. The Two Interfaces Left by Satoshi Nakamoto

• BTC transfer: Consumer-facing interface. The biggest ecosystem player is #Binance.
  
  • → Cannot extend Bitcoin from the consensus layer.
• BTC nonce hash: Producer-facing interface. The biggest ecosystem player is Bitmain.
  
  • → Can directly extend Bitcoin’s consensus, the only truly open interface.

IV. GEB Axiom 1: Nonce = Bitcoin Value

We can abstract Bitcoin’s operation into one axiom: The value of Bitcoin’s Nonce = the value of BTC.

• Each nonce collision is equivalent to one unit of BTC value.
• Block reward + fees ∝ total computing power ∝ the sum of all nonce collisions.
  

Therefore: Nonce is the smallest mechanized unit of measurement for Bitcoin’s value.

V. Dual Expansion of Technology and Value

• ‍Technical level:‍
  
  • Satoshi only opened the nonce computation interface.
  • Any computable hardware/software product can integrate into Bitcoin consensus via nonce.‍
• Value level:‍
  
  • Nonce collisions can be perceived by the Bitcoin network;
  • And they can also be measured by any computing device. This makes Bitcoin the value base for any computable industry.
    

VI. Future Vision: The Fusion of AI and Bitcoin‍

Imagine: In the future, any AI can simply connect to the nonce collision interface to use the Bitcoin network in a decentralized way.

This means:

• Nonce = de-humanized peer-to-peer value interface.
• The only correct way to expand Bitcoin is to expand the value and technical interfaces of nonce.
• In the future, every computable industry can use nonce as the bridge to seamlessly integrate with Bitcoin.

Conclusion

The greatness of Satoshi’s design lies in this: He not only created peer-to-peer electronic cash but also left Bitcoin the only interface that can continue to expand.

One-sentence summary: Nonce is Bitcoin’s sensory organ, the smallest unit of BTC value, and the only bridge for all future computable industries to integrate with Bitcoin.