All I have left for this week are all three Parts of “Technology and the War Effort” as well as the revisions for the two Entries from Section Six of The Work-Standard (2nd Ed.). My plans of finishing this Treatise is well within schedule. If I had to choose a lynchpin binding the remaining five Entries for this week, it ought to be the need to overcome the Petrodollar and combat Climate Change.
I also developed a deeper understanding into how Cryptocurrency Mining differs from the Life-Energization Reciprocal Electrification (LERE) Process. Yes, am aware that Cryptocurrency Mining relies on a “Proof-of-Work Mechanism” where computation and electrical power are both consumed in vast amounts to create individual units of Cryptocurrency as part of a Blockchain. What I did not fully understand, up until recently, was the metaphysics and how it influences the design philosophy that went into the very concept.
The Hash Functions are what give each individual unit within the Blockchain their value as Kapital in order to verify the legitimacy of its transactions. Everyone who validates the transactions with electrical and computation power is “rewarded” with a new unit in the Blockchain. To be “rewarded,” a Validator needs to become to be the first person to validate the next Hash by means of superior computation power. This differs from the similar “Proof of Stake Mechanism” of randomly choosing the Validator and paying them with the “Network Fees.”
Furthermore, I completed three important illustrations for the LERE Process:
Unlike the Blockchain, which follows a linear, progressive pattern of historical development, the Blockcycle of the LERE Process follows a cyclical pattern. Anyone involved in Professions related to the National Intranet is capable of converting their PC and other devices into potential sources of Digital Arbeit. The Digital Arbeit accumulates at the Tournaments of the VCS Economy and the SSE, where it will then travel across the National Intranet to the LERE Refinery, the LERE Refinery converting the Digital Arbeit into Digital Geld before eventually delivering them to the Life-Energy Reserve for the Central Bank to convert into Actual Geld. The Actual Geld gets sent back to their points of origin through the State Banks wiring them directly to accounts owned by the people who created the Digital Arbeit.
A good way of visualizing the Blockcycle is to think of “digital freight trains” hauling “digital cargo” across the Socialist Nation’s National Intranet to their intended destinations. Everyone’s PCs, Servers, and Service Providers are all members of different production processes, their portions of the two Tournaments serving as the “train stations” this vast digital transportation system.
The cargo for each digital freight train includes the LERE Block and eventually the LERE Timestamp. The LERE Block includes everything that came before the LERE Refinery, the LERE Timestamp related to everything afterward.
If we wanted to imagine how the LERE Process resembles in its completed form, think of a rail line bordering along the roadside of a major highway. Everyone browsing the National Intranet is “traveling” on an “information superhighway.” The digital freight trains, meanwhile, are on an “information super-railway.”
We can even transport Digital Arbeit and even Digital Geld across international borders on Heliopolis, the International Internet of the Socialist world order at the World State Organization (WSO). The analogy is “digital merchant ships” traveling as a “convoy” across the International Internet to reach their National Intranet.
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