UTXOs are a web of forking and joining groups of sats, that have a junction based on a secret key that has the power to spend it. nothing to do with the process of mining. finding a block fixates the exact constitution of the block's transaction payload, as subjectively observed through the mempool of the miner's bitcoin node. the quantum stuff is finding the blocks. the UTXOs are just a snapshot of the flow of transactions at the location of the miner's node. UTXOs have zero relation to quantum processes except in as far as they indirectly impact the decisions and timing of action of users, which is, i guess, no less unpredictable than the finding of a block solution, but far more variance, and a practically infinite (in terms of even epochs of civilization) period before one part of the UTXOs could potentially repeat (this is related to the time to brute force a secret key). as for planck time, all we know is that matter ticks over faster the more matter is around the matter. the speed of light slows down, relative to the observer in this denser region of space, but it's kinda moot whether we could observe it because even the most well constructed sensor a) will be crushed by the pressure of matter interacting with it and b) will not be able to return any signal back to us because of the event horizon. the only thing that practically matters is how what we observe, and the signals we transmit across space, will be refracted and distorted relative to velocity and mass. so we have red and blue shifts, and we have slower and faster carrier waves to deal with, in order to tune in a signal.

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Just so we are on the same page here, what is your definition of quantum? I refer to the etymology meaning “how much” or “amount” in the relation to quantity, portion and measurement. When I say sat, I literally mean thermodynamic (quantum) memory. No sat, no utxo. We are still in the process of the defining the quantum of bitcoin: 1 sat changing over time as we inflate to terminal supply. I agree, everything is a snapshot, time is a snapshot. Time is memory, no memory, no time. Everything is a “block” at the smallest level, experience is the frequency and vibration of the contents of said blocks. To ground this, we now have two distinct domains of observation. In the physical universe, we observe particles as collapsed outcomes without access to the entropy resolution process that produced them. In Bitcoin, we have the mirror image: the entire transformation, entropy search, energy expenditure, and final structure is explicit. Bitcoin remains the purely informational expression. Reality is not one or the other, it’s both. That’s why UTXOs matter (literally). A UTXO is not just a static record; it is the ledgerized expression of this full thermodynamic cycle at the smallest unit (quantum) of time: one block. Until that block is mined, the UTXO exists in the “global” mempool as probabilistic potential (all valid UTXOs can be spent, we all sort locally by signed UTXOs weighting by sat/vbyte). Once included, it is a committed state, immutable, conserved, and fully auditable. Conservation is not an axiom in bitcoin, it’s the only process in physics where it is mathematically verifiable because we have both the transformation (mining) and registration of the ledger. We as humans exist inside the universal ledger, seeing only the outcomes of prior entropy resolution. We are fractions of said ledger experiencing other fractions within said ledger. The is precisely the problem of physics, we don’t have full knowledge of the contents of the ledger, nor can we see its behavior at the smallest unit of time. But Bitcoin gives us the opposite perspective: the entire ledger (forward in time with regard to the flow of energy), the full accounting, the complete mapping of possibility into structure. The behavior of UTXOs reflects this: they behave like particles, but they carry the full signature of the transformation itself. “UTXOs are a web of forking and joining groups of sats” sounds like non-local entanglement to me but demonstrated at the granularity of the quantum of time with the full knowledge of the ledger.