Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Wednesday, February 8, 2023

Bitcoin's Blockchain As Chaos


 

The blockchain algorithm underlying Bitcoin is a hashing tree algorithm, akin to random forests.

It models the outcome like the branches of a tree develop. If on step n you just move a bit away you can end up with a totally different outcome.

Actually, this nonlinear modelling of jump processes is a random tree model, which is used for decades in financial options valuation.


Jumps ensure dynamic systems modelling or even chaos modelling.

In short, Bitcoin has remarkable agility, flexibility, durability and anti-fragility built in. 

Quite remarkable.




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