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Black holes and cryptocurrencies

05/25/2022

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by Alexey Milekhin, et al.

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It has been proposed in the literature that the volume of Einstein-Rosen bridge is equal to complexity of state preparation ("Complexity=Volume" conjecture). Taking this statement outside the horizon, one might be tempted to propose "Complexity=Time" correspondence. In this Essay we argue that in a blockchain protocol, which is the foundation of all modern cryptocurrencies, time is emergent and it is defined according to a version of "Complexity=Time".

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