@jesseorg
201903130834VB
Decoupling economic growth from material consumption.
A whole new bag of coal
The problem with the energy consumption of current blockchains indicates that we must find a different method. It is not efficient and possibly not rational to perform the computation required to service current cryptocurrency systems. Though for economic gradients currently we are able to sustain it, it is not rationally tenable long term without changing the energy inputs or the efficiency of the system.
We must propose a modification of 1] energy input ; 2] computation media ; 3] computation purpose ; 4] computation algorithm In the 2019 era you can be using crypto to heat your house. From the electricity sourced by current miners cryptocurrency proposes to sell you a whole new brand of coal.
Cryptocurrency economies can be sustainable if the energy inputs required are rational in the context of the ecosystem that contains it. In the current situation, they are not reasonable.
Assumptions:
Symbolic economic model
This is the traditional economic system, where the production of products has waste and counterfeit products, where the product lifecycle is not predicted, and product retirement is not considered in the model.
Information network economic model
This is the online economic system, where the production of products has only waste in the factors of time and electricity and counterfeit products are reduced to almost zero, where the product lifecycle is somewhat predicted, and product retirement is included in the product.
On off. That is the information economy. An object returns to the ecosystem as heat, because it was only an arrangement of electrons to begin with. To be sure we must manage the heat, and we must coerce the symbolic economy to provide us with processors, networks, input-outputs, and storage.
Entropy network economic model
This is the physical system in which the other two are embedded. It has no care that it encompasses any particular instantiation of economy.
What?
What is Kuai.su.
Kuai.su is an interface to a prediction of economy. It is part of an assembly of several pieces which together attempt to stimulate development of a post-material economy, as said, to decouple economic growth from material consumption.