Tauchain 101: Essential Reading On One Of The Most Revolutionary Blockchain Project Under The Radar...By Rok Sivante. Published on Steemit. August 3, 2018.
Amidst countless blockchain projects hyping themselves up as "the next big thing," there are a few that have been working under the radar that hold the promise - not in word, but in substance - of truly being revolutionary game-changers.
Such ventures have not yet often come into the spotlight. Partly, due to that their founders have focused first on the fundamentals of creating something that speaks for itself versus the all-too-common approach of prioritizing sensationalistic marketing. And partly, because the degree of innovativeness they represent - in tandem with a complexity in scope of the larger visions and implications of their success - does not always lend itself to an easy understanding upfront.
One such project - still very early on in its development, yet holding transformative potentials no less grand than those of Bitcoin and Ethereum as they birthed and evolved the blockchain landscape:
Until recently, with the launch of a new website that has successfully managed to articulate the project's vision much more clearly, understanding what Tauchain is striving to accomplish was a domain only a very few, highly-intelligent technically-inclined dared to tread. And prior to December 2018, there was no code - only an unproven concept spearheaded by a single Israeli developer, Ohad Asor, whom nearly all who've managed to connect with have declared to be one of the most brilliant geniuses they've ever met, possibly ahead of his time.
Just as Bitcoin introduced blockchain as an innovation radically altering the trajectory of our societal, economic, and technological evolution - and Ethereum continued in suit with its upgrades to expand in developing upon the vision with entirely new sets of capabilities for developing a range of decentralized applications and smart contracts - so too, may Tauchain be such a platform whose success proves comparable, the impact of which may bring quantum leaps in the Blockchain Revolution.
How and where to start in describing Tauchain...?
Well, were we to begin with the technical side of things, it'd be likely to lose 98% of the audience. So perhaps, a better starting point might be the bigger picture:
This generalized overview, however, still only barely scratches the surface.
While the intended ends may be that of a generic concept enabling drastically-increased efficiency in global collaboration, the means by which such is to be achieved entails a number of innovative component developments that each hold great significance and implications of their own.
While each may require deeper exploration to better grasp and begin piecing together into the bigger picture, the Tauchain website now offers an overview of key features which account for just some of what it to differentiate it from other blockchain platforms - and enable new collaborative capabilities not currently possible with currently existing technologies:
While it'd be possible to expand upon each in great detail - both in regards to the functionality and implications for their applications - this particular piece of writing is to serve as a basic introduction to some of the best, most-easily-accessible content written on Tauchain to-date.
And as we transition into that content, we shall begin with a quote summarizing the core essence of Tauchain, as approached from but one angle:
This project created by Ohad Asor is really ambitious and aims to create the internet of knowledge.
Some people would label it as an Artificial Intelligence, but according to the creator this is something totally different. Summing up and to understand me, Tau-chain is a tool that knows how to interpret any information and deduce any consensus. This tool can be used in any field, judicial, political, academic, social, scientific and also without limits assembly from 2 people to a million for example.
~ @capitanart, from "My experience with Tau-chain"
The collection begins with two selections from Steemit's @trafalgar.
If anyone has successfully managed to distill the essence of the Tauchain vision into words that'd serve as a foundational Tauchain 101 intro, it'd have been him in these two excellent pieces:
What Is Tau? - My Only Other Crypto Investment
The Power of Tau - Scaling the Creation of Knowledge
Next, come three short articles from @flis, which may not go into any new details beyond the three above, yet offer a slightly different yet simplified perspective to reinforce the clarification of Tauchain's key concepts:
The vision of Tau-Chain, a blockchain based self-amending platform designed to scale human collaboration and knowledge building
How Tau-Chain can be implemented in practice
Tau Chain vs. Tezos - which platform will provide a better solution?
~ design credit: @voronoi
Next, come a few selections from @dana-edwards, who has likely been the single individual who has translated the highly-complex technical vision of Ohad Asor into a more-approachable nature from which non-academics may begin and better understanding a Tauchain.
Quite possibly the first to write of developments and share outside of the project’s IRC channel and Bitcoin talk thread, Dana has one of the most comprehensive grasps publicized anywhere on the project, and his writings continue to serve in establishing bridges for more people to discover and deepen their own comprehensions of the innovations Tauchain represents to not only computer science and the blockchain revolution, but cultural & societal evolution as well.
What follows are a collection of his writings related to the project which excellently piece together key ideas and insights, from which the gaps may be filled in to grasp a firmer idea of just how significant these developments could be and what the bigger picture of their success might look like:
What Tauchain can do for us: Collaborative Serious Alternate Reality Games
What Tauchain can do for us: Finding the world's biggest problems
Tauchain: The automated programmer
Artificial morality: Moral agents and Tauchain
What Tauchain can do for us: Effective Altruism + Tauchain
Collaborative Alternate Reality Games + Tauchain = UBAs (Universal Basic Assets)?
Tauchain and Tezos, why adaptability is the key to surviving in a fast changing environment
My commentary on Ohad's latest blog post: "Agoras to TML"
The following three pieces are not introductory-level, and may likely require a background in computer programming to understanding. However, for anyone reading who might be interested in diving deeper into the technical side of the project, they are included here:
Tauchain is not easy to understand but here are some concepts to know to track Ohad's progress
For all who are researching Tauchain (TML) to understand how it works, a nice video!
More on partial evaluation - How does partial evaluation work and why is it important?
~ design credit: @crypticalias
One other writer covering Tauchain needing to be mentioned: @karov.
While not the easiest to read and understand, the Steemit account of Georgi Karov is undoubtedly one of the most consistent sources of coverage on the project.
A lawyer by-trade and currently one of the three members of the core team, @karov's insights into the project are reliably detailed, expansive into philosophical territory, and fascinating.
Although none of his articles have been included in this introductory collection, those who may be interested to keep up-to-date with coverage on the project would be well-advised to follow his Steemit blog - and/or read backwards through the last few months of his posts there, as the blog is nearly-entirely Tauchain-related content.
Lastly, though not least:
Coming from one of Steemit's most brilliant early-adopter-minds, @kevinwong, this one is a quick read in itself with some key points worth factoring in to a proper assessment of the project. And - far lengthier than the post itself - the comments thread also contains some gold:
Is Tauchain Agoras in Good Hands?
And to wrap up with another excellent quotes from design consultant to the project, @capitanart - who is another to follow for updates:
The goal of Tau is to create a supermind, to solve the limitations inherent in human communication on a large scale.
Able to deduce consensus and understand discussions, Tau can generate and execute code automatically based on consensus, through a process known as code synthesis. This will greatly accelerate the production of knowledge and streamline most of the large-scale collaborative efforts we can imagine in today's world.
~ design credit: @overdye
“We are moving into an era where cities will matter more than states and supply chains will be a more important source of power than militaries — whose main purpose will be to protect supply chains rather than borders. Competitive connectivity is the arms race of the 21st century.”
-- Parag Khanna , 
A network is made of lines and switches, right?
Lots have been told about the network scaling effects , including attempts by myself [4-12] ... which compels me to introduce the not so frivolous notion of network forces.
These forces are expressed in several laws. I though initially to say 'forces' and 'laws' here, but I realize they are quite objective and physical emergenta , indeed.
In my ''Geodesic by Tauchain''  article of about couple of months ago I emphasized over the Huber-Hettinga Law , of how cost of switching literally defines the 'orographic'  topology of a network .
The cheaper the routing - the flatter the network.
Expensive switches = hierarchy, verticality, power, control, obey, centalization, 'world is fiat' ,, sollen , hence borders instead of bridges, limitations not stumulae, exclusivity ...
Cheap switching = geodesic society , 'world is flat', horizontality, p2p, decentralization, inclusivity ...
The more vertical by centralization a network is - the more it must deplete information - to omit, to ignore calls from the deeps or to even actively suppress or silence nodes. To cope with the stream by strangling it. Simply due to lesser capacity, less degrees of freedom . Geodesic networks possess higher entropy  and therefore are richer. They bolster higher both Scrooge  and Spawn  factors. With other words:
The flatter the network - the richer  it is.
Maybe the explanation on why the wealthiest-healthiest societies tend to be those who are with biggest economic-political freedom. 
Naturally the Huber-Hettinga Law led me to the elementary-watson  conclusion of the power and value of Tau as the ultimate über -switch. So far so good.
Now lets stare in the Lines. Here comes Nick Szabo .
Nick Szabo - a lawyer AND computer scientist - is a legendary figure from the great 'Archaic era of crypto'  - the 1990es when he, together with the other cypherpunk  titans like Tim May , Wei Dai , Bob Hettinga  etc. etc., poured the very baserock foundations in a staggering detail of what we enjoy now as Crypto  in the post-Satoshi  era.
It is THEIR vision came true we all now live in.
Bitcoin was a detonation of namely that critical mass of fused thoughts, of namely these very smart people, piled up and compressed by the connective network forces of the early internet .
No, I do not mean at all Szabo's most famous thing - the 1994 coining of the term of 'smart contracts' . In fact I deeply and strongly reject the very notion of 'smart contracts' - as utter non-sense, even as an oxymoron - which is an yuge separate problem, which I suspect that I nailed it, and I'll address in series of dedicated articles starting in the upcoming weeks...
I mean something much more valuable, what I call the Szabo Law.
When we hear the phrase 'networking effects' the first what comes to mind is the famous Metcalfe law .
''Metcalfe's Law is related to the fact that the number of unique connections in a network of a number of nodes (n) can be expressed mathematically as the triangular number n(n − 1)/2, which is proportional to n2 asymptotically (that is, an element of BigO(n2)).''
In the above order of appearance these network forces laws respect quantitatively the basic properties of a network as:
- Huber-Hettinga Law - the cost of switches and routing.
- Metcalfe Law - the number of nodes, i.e. switches defining the number of unique connections or lines.
- Szabo Law - the cost of the lines and connecting.
All these Laws are scaling ,  laws. Before we to come back to and continue on Szabo Law, we have to briefly mention another one .:
''So what is “scaling”? In its most elemental form, it simply refers to how systems respond when their sizes change. What happens to cities or companies if their sizes are doubled? What happens to buildings, airplanes, economies, or animals if they are halved? Do cities that are twice as large have approximately twice as many roads and produce double the number of patents? Should the profits of a company twice the size of another company double? Does an animal that is half the mass of another animal require half as much food?'' ... With Dirk Helbing (a physicist, now at ETH Zurich) and his student Christian Kuhnert, and later with Luis Bettencourt (a Los Alamos physicist now an SFI Professor), Jose Lobo (an economist, now at ASU), and Debbie Strumsky (UNC-Charlotte), we discovered that cities, like organisms, do indeed exhibit “universal” power law scaling, but with some crucial differences from biological systems.Infrastructural measures, such as numbers of gas stations and lengths of roads and electrical cables, all scale sublinearly with city population size, manifesting economies of scale with a common exponent around 0.85 (rather than the 0.75 observed in biology). More significantly, however, was the emergence of a new phenomenon not observed in biology, namely, superlinear scaling: socioeconomic quantities involving human interaction, such as wages, patents, AIDS cases, and violent crime all scale with a common exponent around 1.15. Thus, on a per capita basis, human interaction metrics (which encompass innovation and wealth creation) systematically increase with city size while, to the same degree, infrastructural metrics manifest increasing savings. Put slightly differently: with every doubling of city size, whether from 20,000 to 40,000 people or 2M to 4M people, socioeconomic quantities – the good, the bad, and the ugly – increase by approximately 15% per person with a concomitant 15% savings on all city infrastructure-related costs.
Which probably comes to denote the shear size of the network in STEM (space, time, energy, mass) , I'm not sure, but I have some strong suspicions about the unity of matter, structure and action which I will expose and share some other time.
What I call Szabo's Law reveals in his ''Transportation, divergence, and the industrial revolution''(Thu, Oct 16, 2014)  that similarly to Metcalfe's (''double the population, quadruple the economy'') there is power-law  correlation between the cost of connections or links or lines ... and the value of the network, too.:
''Metcalfe's Law states that a value of a network is proportional to the square of the number of its nodes. In an area where good soils, mines, and forests are randomly distributed, the number of nodes valuable to an industrial economy is proportional to the area encompassed. The number of such nodes that can be economically accessed is an inverse square of the cost per mile of transportation. Combine this with Metcalfe's Law and we reach a dramatic but solid mathematical conclusion: the potential value of a land transportation network is the inverse fourth power of the cost of that transportation. A reduction in transportation costs in a trade network by a factor of two increases the potential value of that network by a factor of sixteen. While a power of exactly 4.0 will usually be too high, due to redundancies, this does show how the cost of transportation can have a radical nonlinear impact on the value of the trade networks it enables. This formalizes Adam Smith's observations: the division of labor (and thus value of an economy) increases with the extent of the market, and the extent of the market is heavily influenced by transportation costs (as he extensively discussed in his Wealth of Nations).''
My encounter with this article of Nick Szabo's was a goosebumps experience for me, cause it coincided with series of lay rants of mine on the old Zennet irc chat room of Tau that ''computation =communication =transportation''. Somewhere in 2016 as far as I remember. :)
Maybe it was the last drop to shape my conviction that by my dedicated involvement in both Tau and ET3 , , , I'm actually working for ... one and a same project.
For communication, computation and transportation being modes of state change. Cause information is a verb, not a noun. And software being states of hardware.
''Decentralizing the internet is possible only with decentralized physical infrastructure.'' 
Just like the brain is a network computer of neuron nanocomputers , the emergent composite we colloquially call humanity or mankind or economy or society or world ... is a network computer made of all us billions of humans.
Brains do thought, economies do wealth.
Integrated circuitry  upon the face of planet Earth as a motherboard . Literally. The Humanity's planet-hardware. Parag Khanna's Connectography explained.
The Earth is definitely not our ultimate chip carrier . Probably there ain't limit at all of our culture-upon-nature hardware upgrades, see: , . The universe is our computronium  and we've been here for too short and haven't seen far enough. Networking is connectomics . And thus it always also is metabolomics .
Remember my last month's  ''Tauchain the Hanson Engine''?
The series of exponentially shortened growth doubling times looks like driven by transportation technological singularities : domestication of the horse, oceanic navigation, combustion engine ...
In the light of all the net forces summoned above: The planet Earth viewed as a giant computer chip ...
- itself is a subject of the relentless network entropic  force of the Moore's law 
The network forces accelerate what that wealth computer does.
Two quick examples:
A.: The $1500 sandwich  as a proof that trade+production is at least thousands of times stronger in sandwich-making than production alone.
B.: The example of Eric Beinhocker in his 2006 ''The Origin of Wealth''  about the two contemporary tribes of the Amazonian Yanomami  - a stone age population nowadays and the Eastcoastian Manhattanites . That the former are only about 100 times poorer, but the later enjoy billions of times bigger choice of things to have.
Tauchain 'threatens' to affect the parameters of ALL the network forces formulae mentioned herewith in a mind-bogglingly big scale.
Simultaneously, orders of magnitude :
- lower switch cost
- higher nodes count 
- lower connection cost
A wealth hypercane  recipe. Perfect value storm. Future ain't what it used to be .
''Tau solves the problems from the Tower of Babel to the Tower of Basel''
- an early 21st century yet undisclosable author
Okay, dearest friends, lets pull sleeves up and start with it. Vivisection of the Scriptures? Revelation by transfiguration? Pulling the Tau from the ocean of wisdom out on the dry no-Maths-land? I hope not.
The quote above on first glance sounds so pompously biblical, but in fact it denotes the crystal clear and simple practical and mundane rationale of Tau which I already tried to approach from few angles , .
It is about the hierarchic bottleneck of one unscaling ,  Humanity. Take the hint about leveling of the Towers as a poetic symbol of elimination of the social 'verticality' -- the hierarchies as a so far necessary evil to compensate certain innate neurological limitations , , ,  -- and reforming  the network we are embedded into and usually call mankind or society or economy or world into an as geodesic as possibly possible one . For the sake of its own functional programmatic optimization .
Notice that towers leveling is not by demolition, but by uplifting the overall landscape level to and above the tower tops, turning them into deep roots or support pylons of asymptotically geodesic society .
Apparently, mentioning the Gate of God  denotes the unmixing  of languages & mentioning the apex global fiat settlement institution  - the excelling of the current fiat procrustics  i.e. the economy aspect.
That is: TML to Agoras . The first and last of the totally six identified aspects or steps of the social choice  as addressed by what we call Tau.
''our six steps of language, knowledge, discussion, collaboration, choice, and knowledge economy''
These aspects deserve of course separate zoom-in exegetic chapters and they'll definitely get it. I promise. And not only they.
Any exegesis of Tau unavoidably must start with scroll back and tracking down of the full history of the development so far. As a zoom out to see the full picture and to identify the dominant features of the landscape relief.
You, I reckon, already noticed this retrodictive inclination of mine , that in my mind the notion of ''Timeline of Development'' can not be by any logic just a handful of milestone promises thrown into the future, but it is a must to account for the up to now trajectory, too! No future without past.
It all started as Zennet , continued as Tau-chains  and 'turned' into aka 'newtau' , , , .
Wait! A New Tau?
Excuse me, Ohad, but I personally do not buy that and I said it many times. There ain't old and new Tau. The situation is much more straightforward and grokkable . Here it is:
Lotsa guts, balls, butt, brains or whatever human offal... is required for each of us to admit a mistake made in our everyday life. Generally quite a strength is needed to even look ourselves into the mirror...
It takes a whole Ohad though, to keep all oneself's work totally public and transparent even on the full and unedited live record of the infil  into entire branch of mathematics  and then throwing it all away as untauful. We witnessed that reported in real time!
Did this change the ends? No. But sorted out the means to an end.
Was it a 'mistake'? In no case. It was duly delivered R&D effort.
Was oldtau looking promising on first glance? Yes, of course it did.
Did it survive the Ohad's R&D 'crash-testing'? No, it didn't.
Was it a ''juice worth the sqweeze''? It was.
Was it a job well done? Absolutely.
The oldtau materials are for me legacy jewels. Like those dinosaur bugs trapped into blobs of amber .
Development is a process, not just results shipping. Related like cooking and serving.
Studying the zoom-out dev map we observe these few major landmarks:
The Zennet province is all right. Its gently rolling hills gradually merge into the Tau lands proper with the inevitable realization that a 'world supercomputer' can not be a Tauless thing. Zennet lives in Tau with .:
''... having a decentralized search engine requires Zennet-like capabilities, the ability to fairly rent (and rent-out) computational resources, under acceptable risk in the user's terms (as a function of cost). Our knowledge market will surely require such capabilities, and is therefore one of the three main ingredients of Agoras... hardware rent market...''
We move over through the oldtau wastelands  where the burnt ruins of MLTT  lie scattered - rough oldtau location-on-the-map indicator is the fall of 2015 with
''Tau as a Generalized Blockchain'' - posted Oct 17, 2015, 6:33 AM [updated Oct 17, 2015, 6:49 AM]
and then we reach the fertile gardens of newtau  in the fall of 2017:
''The New Tau'' - posted Dec 31, 2017, 12:27 AM [updated Dec 31, 2017, 12:28 AM]
Hmm. Apparently we crossed a watershed. Which relief feature it was? - The ridge  of:
''Tau and the Crisis of Truth'' - posted Sep 10, 2016, 8:25 PM [updated Sep 10, 2016, 8:28 PM]
Tau sorts out the Towers. I hope that the synopsis in this short chapter of Exegesis helped to sort out Tau dev in time as a navigation lookup tool.
Software is nothing but states of hardware. There is that intimate deep, not yet codified into a neat compact of logic, connection between Gödel , Heisenberg  and Laws of thermodynamics .
Tau keeps us off these traps.
I do not dare to state that someday we won't have the command on infinities and to play with them with the ease  of
''... a boy playing on the seashore, and diverting myself in now and then finding a smoother pebble or a prettier shell than ordinary, whilst the great ocean of truth lay all undiscovered before me.''
In fact, quite the opposite I'd rather take it as inevitability someday we to conquer the Cantor  expanses and to venture far even beyond that. To transcale  the transfinite. Like Hilbert  said it.:
''Aus dem Paradies, das Cantor uns geschaffen, soll uns niemand vertreiben können. (From the paradise, that Cantor created for us, no-one can expel us.)''
But it takes ... finitary vehicles of DECIDABILITY to conquer the transfinitary outer spaces. Because, in order to dear to dream to tame the infinities, we must first harness and get full command of finities.
Including of ourselves. Tau is ''understanding each other''. Without Tau we are ... others to ourselves.
Imperare sibi maximum imperium est.
Bizarre headline, isn't it? Sorry. It just ... coalesced spontaneously as ... a protein folding . Lets try to decompress it. Compression is comprehension . Decompression is experience. Firstly, I'll throw herein three bold statements - big separate mega-topics which I'll soon revisit by furnishing them with or backing them by their due Behest.io  full-fledged articles.:
1. The World is Fiat
I tend to generalize the term of fiat , to not only currency  but to all the Sollen  approach to transactors. In my vocabulary Fiat as an umbrella, general term for all social interaction which requires external enforcement, i.e. all what's not trustless or self-enforcing like morals  or blockchain . The whole system of monetized coercion. Or reciprocal - coercion backed fiat monetization . (Note: monetization of coercion vs coercion of monetization are not related by an OR  operator, but they are typical chicken-and-egg problem  - even the smallest children know that eggs precede chicks!) All what requires trust ...
2. Trust is Force
''You trust 'em only as much as you could make 'em to.''
Coercion or force or violence ... itself, IS currency per se - the primordial, the deeply preceding the emergence of Mankind one, and who manages to rigorize  it quantitatively will get and give us a TOE  unification of ecology and economics, i.e. instantly Nobel prizes! Not sure in which combination of fields. Simultaneously.
3. Money is Mnemonics
E.g. money in all forms is ... accountancy. Or book-keeping. Ledgers. Logs. Databases. Memory. They are even cognates  those - money and memory. Ancient truism.
It comes as necessity from the problem of simultaneity of transactions between autonomous agents, with other words - between automata , or self-thinkers, or those who are black-boxes  to each other. Regardless of whether the economy is mere barter, or it have uplifted one or more of its items to transactor/currency status.
Apparent feature of all accountancy systems is that they possess cardinality  of entries.
Up to now we know single-entry , double-entry  and tripple-entry  book-keeping system.
Not sure if a 'system' where everybody perceives, remembers and acts upon an isolated unshared 'ledger' of records on what's owed, contained only in its head - and runs it the way they could and want ... - counts for zero-entry book-keeping. Pun intended.
Can't wrap my head around negative or fractional numbers of book-keeping entries, nor I know what's the maximum practical and useful number of entries to juggle with. I expect Tau to bring together the, without any shadow of doubt, already available but dispersed across space and time bits and pieces of knowledge on accountancy entries cardinality into a general theory of transaction logging. It is necessary because, you know - an item is money (mnemonic  facility) ... transactor is accelerator , and general theory will give us a tool to know which monetary mechanism design  is the most powerful wealth growth booster.
Satoshi's blockchain is the first and only instance of successful implementation of the triple-entry book-keeping , so far, where credit and debit records and receipt are coined  into one. Self-enforcing log-book is as much (or not more) magical, or deus ex machina  solution then a horseless carriage vs a 'legacy' cart.
The blockchain catered total value is expectedly impressive grower itself. It took only 7-8 years to Bitcoin (and its imitations) to reach ~1% of what took 7-8 THOUSANDS of years to Gold  to get.
BUT, we still live in a predominantly Fiat, double-entry book-keeping world:
Visualize the modern world as a forest of centralized 2-entry ledgers:
From the several hundreds of tree stems - the Central Banks , though the thousands and thousands of commercial banks - fractional reserve franchisees of the Central Banks, down to the individual humans and firms credit-debit records.
A vast centralized fractal of 2-entry ledgers of ledgers. Lined into one by the global meta-ledgers - provided by international institutions like BIS .
Important Note: ... which I must make here - Lots of crap talk we've heard about how Blockchain is against Fiat, how it will replace it, how it frees us from the illths of the ancient regime  . NOTHING like that! The truth is that, for now, we do not have even the slightest idea or hint about how we could decentralize or detrust interpersonal voluntary exchange! Geography and history, e.g. nature and culture are forces to reckon. The propaganda suggestion that fiat money is kinda fake, printed at a wish, valuable only because we all believe in them ... is one of biggest nonsense I've ever heard.
As in any forest, the tree size and power varies. And matters. USD is the Yggdrasil  of the meatspace  of the global fiat mainstream Swartzwald  ! (Just like BTC is in the cyberspace one. It is not occasional at all that both are so perfect systemic benchmark matches.) In the ocean of fiat, USD is a giant landmass, a Pangea which is nearly impossible to go around of. The force of 20 000 golf balls of Plutonium coupled with same number of office dustbins of LiD  . And 1000+ military bases scattered around the world. And comprehensive coverage of the sea routes to guarantee that the global trade goes by the books. And working supremacy of law system as an antidote of internal corruption decay of the system... Shall the USD survive the Blockchaincalypsis? Of course! Taxcoins  are always needed. The runaway crypto-fication of the fiat monetary systems only makes the due payments of geopolitical services more and more unescapable. And more and more precise and fairer. With higher resolution and lower lag.
Backed by force means that the the strongest force is the most trustful. Like all those currencies who belong to the hall of glory of the millennial monumental transactors.: Hellenic drachma  - survived so far as a currency name in the Gulf , Roman solidus , Spanish silver dollar , etc. ... used to be. Mainstreamers - for being backed by the biggest force. (Mentioning the Force, we simply can not go without a Star Wars quote , I'm afraid - the best and most inexorable thesaurus of cliches.)
Lets close now the three side notes of dictionary intro here, and go back to PROCRUSTICS:
First, yes, it is about that antiquity gangsta, the psychopathic dropout of the noble blacksmiths profession - Procrustes .:
''who attacked people by stretching them or cutting off their legs, so as to force them to fit the size of an iron bed.''
Secondly, the etymology turtledoves  who explained to us what Behest is , clarify that:
Don't look exactly like pigeons, do they?
Thirdly, Procrustics by the great philosopher Stanislaw Lem . This is from Wikipedia:
''In 1959 science fiction novel Eden by Stanislaw Lem, Procrustics is the name of a fictitious information-theory based social engineering discipline of molding groups within a society and ultimately a society as a whole to behave as designed by secretive hidden rulers, to create a hideous form of social control in which the very existence of the governing powers is denied and each individual appears to themselves to be free yet are being manipulated and controlled. One example described in the novel is "concentration camps" without any guards which are designed so that the prisoners stay inside apparently on their "free" will.''
Last but not least, it is no surprise that this so much meaning laden word entered the vast fields of mathematics, too - , , , to denote so important concepts. Procrustean transformations:
''Hence, it may change the size, but not the shape of an ... object.''
I think this is enough of explanation to tie it up into:
The Fiat is procrustic because it is ripe to be transcaled!
Fiat is saturated. It can not grow the old ways any more. It is really dearer and dearer to be grown. It reached its internal limits.
Fiat (as global fractal integration of all double-entry accountancy books) is a narrative.
Fiat is procrustic, because being unaffordable thing to cover it all: it omits, it cuts off, it keeps out, excludes, discriminates, sequesters ...
As a narrative it tells a story of wealth, but leaves out so vast unsung, though present, riches.
The global fiat bards memory is too weak to memorize it all and they are not clever enough to distinguish the true from false entries ...
The fiat Yggdrasil Norns  fingers are weak to handle all threads and to manage to interweave them all into the meta-ledger ...
Giant mass of economic data left lying in waste, unused. And that's REALLY bad cause the data about the system state is the fuel for its own self-reinforcing positive feedback loop . Yeah, data as the new oil , but literally.
The estimates are that as much as up to 80% of all economic information stays off the record .
Cf.: Hernando de Soto Polar , who estimated that.:
''The existence of such massive exclusion generates two parallel economies, legal and extra legal. An elite minority enjoys the economic benefits of the law and globalization, while the majority of entrepreneurs are stuck in poverty, where their assets—adding up to more than US$10 trillion worldwide—languish as dead capital in the shadows of the law.''
in his 2000, ''The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else'' 
Cf.: aka Bazaaristan .:
''Across the globe, 1.8 billion people -- a quarter of the world's population -- work off the books each day. They are paid in cash for the goods they sell and the services they provide, and due to their ubiquity, there's a word for these merchants in nearly every language. As Robert Neuwirth reports, in French colonies, they're known as débrouillards -- self-starters, entrepreneurs, all outside the bureaucratic system. They might be vendors selling revolutionary goods in Egypt's Tahrir Square, Nigerians selling mobile phones, or the guy down the street hawking flowers on the corner. Whoever they are, they work in the world's fastest-growing economy: System D. As Neuwirth writes, System D, slang for "l'economie de la débrouillardise," is the crucial blackmarket, providing opportunities where the regulated global economy has failed. Its value is estimated at roughly $10 trillion, meaning, as Neuwirth points out, that, "If System D were an independent nation, united in a single political structure -- call it the the United Street Sellers Republic (USSR) or, perhaps, Bazaaristan -- it would be an economic superpower, the second largest economy in the world." The Organization for Economic Co-operation and Development (OECD) predicts that two-thirds of the world's workers will be employed in System D as soon as 2020.''
Cf.: the world unbanked population phenomenon 
''Two billion people worldwide do not have a bank account or access to a financial institution via a mobile phone, or any other device.''
The ancient worldmap picture up at the bizarre headline, denotes exactly this 'Here Be Dragons' situation of the Blockchain-unboosted yet Fiat finance.
All these examples demonstrate not a conspiracy of a kind, but mere and obvious fiat unscaling symptomatics.
Probably in the old centralized way, for a double-entry book-keeping system in order to check, record and run all facts of relevant economic information, would have to consume more than what the economy makes as a whole! :)
This inevitably crosses with the important topics of the network scaling effects - for merely linking all the dots means automatically n^2 bigger economy . Without to add anything new, but by just noticing and accounting of the existing wealth.
We have probably dozens of TIMES bigger economy than we realize! Tantalus suffering .
On the comparative costs of the accounting systems there are three studies, , ,  which I particularly value, and which put into a neat perspective together with the network scaling effects  are definitely subject of separate near future blog posts of mine.
Now scroll-up back to the ''Important note'' above, please.
Blockchain is not the Fiat killer. It is its Transcaler  !!
And Tauchain being - together with so many other things - the generalization and the generalizer of all possible blockchains in particular and all possible accountancies in general - is the transcaler of the transcalers.
And as effect - the ultimate economy (incl. economy governance ) Accelerator .
In a recent article of mine  I hinted my strong suspicion that scaling is itself scalable.
''Scaling is a problem. Scaling must be scalable, too. Metascale from here to Eternity.''
No matter what a terrific grower a system is - as per its own internal algorithmic growth drive rules - it seems inevitable its growth to get it into entropic mutualization  upon impact with a kind of a ... downscaler.
Scaling is everything, yeah. But it is quite intuitive and supported by too big body of evidence to ignore, that, paradoxically: the faster a thing grows - the sooner its encounter with an external and bigger downscaling factor comes.
This realization, refracted through the prism of our 'reptilian brain' layer  amplified to gargantuan proportions by our inherent social hierarchicity  is the source of the 'Malthusian  anxiety' which led to countless violent deaths over all the human history. Fear is anger , so the emotion that there is only as much to go around, and that the catastrophe of 'running out' of something is imminent, is the major source of what makes us bad to each other .
There are plethora of examples of very well mathematically and scientifically grounded doomsayer scenarios, and we must admit that they all correct as per their internal axiomatics  , and simultaneously they are all totally wrong for missing out the obvious - the factors of externalities  , the properties and opportunities of the medium which is consumed and/or created by this growth, and which transcend the axiomatics. For growth being always 'growth into'. The fact that doomsday scenarios are so compellingly consistent internally is what makes them so strong and dangerous ideological weapon of mass destruction .
Lets throw some such problem-solution couples for clarity:
a. the world of 1890es big cities sunk up knee-deep into beast of burden manure , and the super-apocalyptic projections of that VS Tony Seba's  1 pic > 1000 words of NYC carts vs cars situations in 1900 -1913 ...
b. the grim visions of the whole Mankind becoming telephone switchboard blue collar workers , the number of which should've exceeded the number of total world population by now to achieve the same level of telephonization or
c. the all librarians world  where it takes more librarians than the whole mankind to serve the social memory in the paper & printed ink storage facilities mode ...
d. the Club of Rome  as the noisiest modern bird of ill omen with 'projections' based on the same blind extrapolations as the urban seas of shit or the 'proofs' of the impossibility to connect or educate or feed all - instigating mass destruction fear that ''we run out of everything and will soon all die'' , used for justification for mass atrocities VS Julian Simon's  - the ''Ultimate Resource'' (1981, 1996) . Cf.: my accelerando article  and see what precisely is the Factory for succession of better and better Hanson drives for the last few millions of years - from the Blade and the Fire to the Tau - it is the same thing which identification made Julian Simon from fanatical Maltusianist  into rationally convinced Cornucopian  ... the human mind.
e. the predator-pray model  which this pseudo-haiku  I guess depicts best how's it brutally flawed:
''hawk eat chic -> less chic, human eat chic -> more chic''
for missing out to posit and failure to account for positive feedback loop  of predator over pray dynamics ...
f. The comment of Dary Oster  , founder of the other passion of mine - ET3 , on the aka 'saturation' of the scalables (exemplified in the field of transportation, which btw, being communication ... our social structures map onto mobility systems we have on disposal ... ).:
''... US transportation growth has focused on automobile/roads (and airline/airport) developments. (And this has been VERY good for the US economy.) The reason is that cars/jets offered far better MARKET VALUE than horse/buggy/train transport did 150 years ago. In the mid 1800s, trains displaced muscle power for travel between cities - because trains offered better market value than ox carts. Trains reached 'market saturation' about 1895 to 1905 (becoming 'unsustainable') - however 'market momentum' produced 20 years of 'overshoot'. Cars/jets were far more sustainable than passenger trains and muscle power, and started to displace trains (and finish off horses). By 1916 the US rail network peaked at 270,000 miles (today less than 130,000 miles is in use).Just like passenger trains hit market saturation, roads/airports are reaching economic limitations. The time is ripe for a market disruption, and all indicators (past and present) say it will NOT come from, or be supported by government or academia -- but from private sector innovations that offer a 10x value improvement (like ET3), AND also offer incentives for most (not all) key industries to participate (like ET3). Automated cars, smart highways, and electronic ride sharing are industry responses that will contribute to overshoot of cars/roads for the next 5-10 years.The main problem i see with the education system is that is that academic research and publication on transportation is primarily funded by status quo industries like: railroads and rail equipment manufactures, highway builders, automobile/truck manufactures, engineering firms, etc. -- all who fund research centered on 'improving' the status quo.Virtually all universities (for the last 1k years+) are set up to drive incremental improvements that industry demands, and virtually all paradigm shifts are resisted until AFTER they occur and are first adopted by industry. Government is the same (for instance in 1905 passing laws to forbid cars that were disrupting horse traffic; or in 1933 passing laws to limit investment in innovation startups to the wealthy (those successful in the status quo)).''
g. Darwinian algo  sqrt(n) VS higher algos - like Metcalfe n^2 . It is not precise, it is more of metaphorical, to indicate direction or scale of scaling, rather then rigorous precision, but ... the former figuratively speaking takes 100 times more to put up 10 times more, and the later takes 10 times more to return 100 times more...
h. Barter vs money. See.:  bottom of page 5 over the bottomline notes, about the later:
simpliﬁes pricing calculations and negotiations from O(n^2) complexity to O(n) complexity
As demonstration how one item out of a scaling barter system, emerges as specialized transactor and accelerator to transcale the barter economy. From within. Endogenously as always. (btw, Extremely strong document where there are entire books read and internalized behind each tight and contentful sentence!)
i. The heat death of the universe  VS the realization that the 2nd law  - conservation law for entropy/information law does not allow that , the asymptoticity  of the fundamental limits of nature, the fact that max entropy grows faster than/from/due to the actual antropy growth  and that entropy is not disorder  and that at the end of the day it is an unbounded immortal universe  ... cause it's all a combinatorial explosion .
j. The Anthropic principle  and the realization that it is extremely hard if not impossible to posit a lifeless universe  ...
k. The Algoverse - my 'psychedelic' vision  of the asymptotic inexorable hierarchy of the Dirac sea  of lower algos which take everything for almost nothing - up towards giving almost everything for almost nothing - Bucky Fuller's runaway Ephemeralization . Algorithms are things. Objects. Structure. Homoousic or consubstantial to their input and output. Things taking things and making things outta the former. Including other algos of course! Stronger ones.
l. The Masa Effect . The Master of Softbank seeing how the machine productivity is on the imminent course to massively overscale the human clients base and his apparent transcaling solution to upscale the clients base with bots and chips, with the same which scales supply in such a too-much way. 
m. The Pierre the Latil 1950es and Stanislaw Lem 1960es ( copied 1:1 by Tegmark  ) hierarchy . Of degrees of self-creating freedom of Effectors ...
n. Limits of growth - present in any particular moment and in any finitary setting of rules ,  but nonexistent in the infinity of rules upgradability. Like a cancer cell trapped in a cage of light  vs ... photosynthesis.
o. Ray Kurzweil - static vs exponential thinking .
p. Craig Venter's  Human Genome project  which when commenced in 1990 was ridiculed that will be unbearably expensive and will take centuries to finish, and it did - it costed a unbearable for 1990 fortune and it did take centuries, of subjective time as per the initial projections conditions - being completed in year 2000.
q. Jeff Bezos vision  of Solar System wide Mankind:
''The solar system can easily support a trillion humans. And if we had a trillion humans, we would have a thousand Einsteins and a thousand Mozarts and unlimited, for all practical purposes, resources.''
r. The 'wastefulness' of data centers and crypto mining collocation facilities  ... which is as funny as to envy the brain for 'wasting' >25% of the body energy. (Btw, the tech megatrend is exponentially and relentlessly towards the minimum calculation energy).
s. The log-scale intuitive measure and smooth straight line visualization coming out of, this quote which I fished out off the net long time ago.:
"The singularities are happening fairly regularly but at an increasing rate, every 500 to 1000 billion man-years (the total sum of the worldwide population over time). The baby boom of the 1950 is about 200 Billion man-years ago."
ops! go back to Q. With 1 trln. humans population the 'singularities' will occur once a year?!
t. the Tau  !!
I can continue with these examples ... forever [wink] - excuse me if I've bored you - but I think that at least that minimum was needed to be shown and it is enough to grok the big picture.
Scaling is the solution. It is a problem too. Its overcoming is what I dub 'Transcaling' for the purpose of that study.
Size matters. Scaling is the way. But the more general is how a system handles change! This is as fundamental as to be in the very core of definition of life and intelligence .
Tauchain is all about change handling!
Now, lets knit the 'blockchain' of these all example threads above into a knot like the Norns do :
Dear friends, please, scroll back to Example D. Yes, the human mind transcaler thing. The Ultimate resource thing.
We are the ultimate resourse.
We the humans (and soon the whole zoo of our technological imitations and reproductions and transcendences of ourselves ).
We as the-I  are strong thinkers and creators, immensely more road lies ahead than it's been traveled, yes, but yet we, as the-I, are the momentary apex in the Effectoring business  in the Known universe ... AND simultaneously we as the-We are mediocre to outright dumb.
We are very far from proper scaling together. The Ultimate resource is not coherent and is not ... collimated. Scattered dim lights, but not a powerful bright mind laser. Dispersed fissibles, but not a concentration of critical masses.
We as The-We - paradoxically- persistently finds ways to transcale its destinies using the power of the-I, but the-We itself does not entertain the scaling well at all .
The individual human mind is the unscaled transcaler.
Tau is the upscaler of that transcaler.
I'll introduce herewith another 'poetic' neologism, which occurred to me to depict the scaling props of a system after the Scrooge factor of ''Tauchain - Tutor ex Machina'' , and it is the:
Spawn  factor
- the capacity and ability of a system to grow through, despite, against, across, from and via the changes. Just like cuboid  is about all rectangular things like squares, cubes, tesseracts ... regardless of their dimensionality, the Spawn Factor - to be a generalization of all orders of scaling. Zillion light years from rigor, of course, as I'm on at least the same distance from my Leibnizization . For the lawyer to become a mathematician is what is for a caterpillar to become a a butterfly. :) Transcaling.
Tau transcends the infinite regress of orders of: scaling of scaling of scaling ... by being self-referential. Or recursive. 
What is the Spawn factor of Tau?
If you let me I'll illustrate this by a poetic periphrasis of the famous piece of Frank Herbert's .:
I will face my change. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the change has gone there will be nothing. Only I will remain.
To zoom out is useful. It puts the events networks of our spacetime in perspective. Including on what the great Jorje Luis Borges was calling the Orbis Tertius :
''ORBIS TERTIUS. "Tertius" (Latin = third) is an allusion to: World 3: the world of the products of the human mind, defined by Karl Popper.''
Poetically stated, ''retrodiction studies'' , ,  enables us to get a glimpse on the "clear, cold lines of eternity".
Back in 20th century Prof Robin Hanson put together this extremely insightful and strong document .
Long-Term Growth As A Sequence of Exponential Modes,
Economy grows. [see: Footnote]. Unstoppable.
Hanson's unprecedented contribution was to provide us with systematic orientation tool on how and why economy grows.
It accelerates. See:
Mode Doubling Date Began Doubles Doubles Transition
Grows Time (DT) To Dominate of DT of WP CES Power
---------- --------- ----------- ------ ------- ----------
Brain size 34M yrs 550M B.C. ? "16" ?
Hunters 224K yrs 2000K B.C. 7.3 8.9 ?
Farmers 909 yrs 4856 B.C. 7.9 7.6 2.4
Industry 6.3 yrs 2020 A.D. 7.2 >9.2 0.094
The model identifies the past economy accelerators as.:
- neural networks, evolving into doubling brain size each 30-ish megayears (hinting that human level of intelligence is an inevitability: +/-30 millions of year around the Now, by the virtue of the good old 'coin-toss' Darwinian algorithm alone.)
- human as the top-of-the-foodchains predator since around 2 000 000 BC. (maybe the human mastering of the Fire and the Blade to blame), compressing the doubling time with over two orders of magnitude down to a quarter of a million of years.
- Food production, ecosystem manipulation (or rather the collimation of farming, horse domestication and writing as accelerator components), leading to less than 40 human generations per economy doubling.
- All we know as division of labor, specialization, systematized Sci-Tech... industry - the centralized ways for production and control of knowledge leading to another hundreds-fold compression down to mere ~decade of economy doubling time.
Recommended: digest each Hanson (economy accelerator drive or) Engine with the Bob Hettinga's 'ensime' :
My observation about networks in general is a rather obvious one when you think about it: our social structures map to our communication structures. As intuitive as it is to understand, this observation provides great insight into where the technology of computer assisted communication will take us in the years ahead.
Connectivity specs as indicator and drive.
Now, when we leave the past and use these models to gaze into the future, the really interesting stuff comes out.
Aside from giving explanation to the, detected by Brad DeLong in his also monumental paper , overall trajectory of the economy, the nucleus of meaning in the Rob Hanson's paper is:
Typically, the economy is dominated by one particular mode of economic growth, which produces a constant growth rate. While there are often economic processes which grow exponentially at a rate much faster than that of the economy as a whole, such processes almost always slow down as they become limited by the size of the total economy. Very rarely, however, a faster process reforms the economy so fundamentally that overall economic growth rates accelerate to track this new process. The economy might then be thought of as composed of an old sector and a new sector, a new sector which continues to grow at its same speed even when it comes to dominate the economy.
Visualize: a Petri dish and sugar being expanded in size and quantity by the accelerating growth of the bacterial culture in it.
Hanson actually predicted nearly quarter of century ago, ... something that is relentlessly coming.
In the CES model (which this author prefers) if the next number of doubles of DT were the same as one of the last three DT doubles, the next doubling time would be ... 1.3, 2.1, or 2.3 weeks. This suggests a remarkably precise estimate of an amazingly fast growth rate. ... it seems hard to escape the conclusion that the world economy will likely see a very dramatic change within the next century, to a new economic growth mode with a doubling time perhaps as short as two weeks.
An economy accelerator avalanche is roaring down the slope of time towards us.
A brand new Hanson Engine is about to leave the assembly line.
Tau, is that you?
FOOTNOTE: To wrap up the above statements in the flesh of the deep thesaurus of content onto which they lie, would conservatively consume hundreds of pages. Even if only briefed. I promise to come back to these subtopic meaning expansions (by referring back to here) with series of posts in the months to come to tie up with the notions of.: economy as a network, network as computer, what exactly it processes and outputs, economy (like the universe or life) being endogenously driven positive feedback loop self-amplifying non-equilibrium entropic combinatorial explosion system, the wealth as economy complexity growth in relation with GDP size and the intimate connection of dollars-joules in energy intensity, physical and economic limits of growth, self-reinforcing predator-pray models, knowledge as synonymous with skill and so forth, economic cycles upon the DeLong curve ... to name a few. Readers questions and comments will of course help a lot with the subtopics prioritization, and will boost (incl. mine) understanding. Thank you in advance!
NOTE: I currently have the pleasure and honor to be part of the Tau Team, but this post contains ONLY my personal views.
Retrodictive archaeology is so tempting. It is about what it was, what it is, what we knew and what we know.
Here I present another time travel glimpse of mine:
February 1998. Global Information Summit*. Japan. Robert Hettinga** - the patriarch of financial cryptography wrote:
My realization was, if Moore's Law creates geodesic communications networks, and our social structures -- our institutions, our businesses, our governments -- all map to the way we communicate in large groups, then we are in the process of creating a geodesic society. A society in which communication between any two residents of that society, people, economic entities, pieces of software, whatever, is geodesic: literally, the straightest line across a sphere, rather than hierarchical, through a chain of command, for instance.
A network scales according to the capacity of its switches.
Mankind is a network of interlinked humans routed by ... humans.
The network topology*** of society is dictated by our incapacity to switch - similarly to the way the penguins society is shaped by their inability to fly.
Running the Sorites paradox**** in reverse - humanity does not form a sand-heap by adding grains, but fractalizes into groupings of up to just a few individuals.*****
Big body of research on discussions persistently brings back the result that over a certain threshold of as little as 5 persons the number of possible social interactions explosively exceeds the participants capacity to handle the group traffic of information.
Increase the group size and the 'c factor' - the collective intelligence - abruptly implodes. Bellow the individual human level. So long 'wisdom of the crowd'.
Hierarchy is the only way we know (up to now) for a society to scale. Centralization as emergenta of organic switching limitations.
It is fair to say that we have and have had upscaling exosomatic prosthetics all the time.: language, writing, institutions, specialization... but at the end of the day even within these boosters the social switching is bottlenecked down to just a few humans-strong.
Since recently, cause, you know ... computers. Humans are not only lousy switches, but also tremendously expensive ones to make. Computers - the vice versa: their performance/cost relentlessly bigbangs.
Moore's law****** is not only about silicon wafers. It is a megatrend from the very dawn of the universe as Kurzweil noticed******* long time ago, which goes up and up across all computronium substrata imaginable or possible.
Non-human computation and automated communication promises to break the social scaling barrier.
Here comes the Ohad Asor's Tau.********
The only project I know which asks the correct questions and looks into doable solutions of humanity scaling. And the only meaningful identification and treatment of these problems which seems to lead towards fulfilling of Bob Hettinga's Geodesic visions from few decades ago.
Of course I do not know it all, but lets say that I intensively search the relevant space.
Tau transcends the human switching limitations in humane way. Without to amalgamate individuals out of existence, which some other discussed ways - like direct neural interfacing - seem to inevitably infer. For society is ... human beings.
What's the pragmatics of geodesic vs hierarchic?
What game really the 'flat' p2p networks beat the vertical social configurations into?
It is an easy answer. It is pure physics:
A Tauful geodesic society comprises IMMENSELY richer economy.
Metcalfe's (and Szabo's) law on max!
The combinatorial size of it vastly exceeds the possible arrangements of any traditional social 'pyramid'.
The maximum social diameter becomes ~1.
In fact, it seems quite an ancient archetypal vision, the whole thing:
“Imagine a multidimensional spider’s web in the early morning covered with dew drops. And every dew drop contains the reflection of all the other dew drops. And, in each reflected dew drop, the reflections of all the other dew drops in that reflection. And so ad infinitum.” Allan Ginsberg*********
1. *- http://www.nikkei.co.jp/summit/98summit/english/online/emlasia3.html (the second entry)
2. **- http://nakamotoinstitute.org/the-geodesic-market/
3. ***- https://en.wikipedia.org/wiki/Network_topology
4. ****- https://en.wikipedia.org/wiki/Sorites_paradox
5. *****- https://sheilamargolis.com/2011/01/24/what-is-the-optimal-group-size-for-decision-making/
9.*********- https://en.wikipedia.org/wiki/Indra%27s_net (image from: https://mindfulnessforhealing.com/2012/12/29/weaving-a-tapestry-of-wellness/ )
NOTE: I'm in the Tau Team, but this post expresses only my own associations and interpretations.
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Suggested readings to better understand the Tau ecosystem, Tau Meta Language, Tau-Chain and Agoras, and collaborate in the development of the project.
Lecturas sugeridas para entender mejor el ecosistema Tau, Tau Meta Lenguaje, Tau-Chain y Agoras, y colaborar en el desarrollo del proyecto.