What, exactly, is V2 for? The first instinct, for many, is that another class of mining rig has arrived, and that
$BEM will now be extracted more freely. That is the wrong reading.
@Blonskr has already been quite plain: BNN, LUT and the other new components may not take part in the present PoD. Mining remains what it was — NAND to compute, LATCH to remember. The finer parts do not enter the pit.
They exist, instead, to give
$BEM a genuine use. A factory that wishes to manufacture advanced components must first burn
$BEM to purchase the necessary plant; once paid, the tokens pass into a black hole and do not return. Until now the coin has only issued from the mine and circulated thereafter. V2 introduces, for the first time, a structural consumption: mining emits, manufacture withdraws.
It also loosens the grip of official design. Anyone may invent an adder, a look-up table, a neural core. After review and listing, a factory buys the right to produce it; users mint with BNB; the developer receives half the protocol fee, converted automatically into
$BEM. Rules were once written only at the centre. Technique itself may now earn.
Factories, in consequence, cease to be interchangeable. Once every works could make only NAND and LATCH. Now a yard is defined by the equipment it has bought. Difference appears on the production line, not merely in the prospectus. These components are meant for circuits, applications, games, agents, even a slow and public computer on-chain — not for another coat of paint on the same mining formula.
V2 is not a sequel to mining. V1 drew
$BEM out of design; V2 lets it vanish into manufacture, and allows more people to live by the parts themselves. The rigs stop here. The hardware economy begins.
@Blonskr #TapeOut $BEM