Well I think everyone's here who's coming so if we can make a start please.
This week's session will follow roughly the same format as the previous two in that we will be looking at one particular array of dials on the input side of the machine under study.
You may remember that in the first session we focused on the array labelled:
And I asked you to research both the meanings of:
from an historico-legal perspective.
You will recall us putting together a range of terms – synonyms so to speak – before carrying out this research:
We also considered how the term "Nation" might correspond to any entity, and tested its application vis-á-vis the Individual and the ecosystem of a tree.
In the second session we turned our attention to the array notated:
And we considered the case where certain institutions used the numbers generated, to attach liens – mortgages and the like – upon real property; that is to say land, and further, how these transactions were used to justify extra-over number production for the plenishing of vast spread-betting war-chests.
Indeed, very few of the numbers generated by this machine ever saw the light of day – just a small percentage crystallising out of the æther and entering into social accounts :(
Here we took the opportunity to turn our attention away from the legal aspects of this unit – often thought of as a particularly dry subject – and considered what symbols these numbers might need to attach themselves to, in order to gain credence amongst the populace. We looked at their similarities and differences, if any, and compiled a list of examples that may prove useful in the Compatible Design unit starting next term. I asked you to bare in mind that whatever symbols these numbers were able to attach themselves to – via the media of paper, metal and plastics etc. – there existed a corresponding emotional, almost visceral value – nay core worth – in the body-politic.
And so to today's lesson; and looking at the third section labelled:
You will see that – just like in the previous two lessons – there are two dials:
As well as:
Unlike the previous two arrays though – which are scant on detail – this section has an accompanying note, viz:
"The stake-holder setting must be kept at least two marks below the network fee in order for the desk to function properly."
It is worth reading this note again, as there is a lot to be unpacked from a socio-legal perspective.
And, as I will argue in the remainder of this unit, this note contains the corner stone of this machine's algorithm.
What I would like us to do first though is spend some time unwrapping the term "network", in a similar fashion to the work we did on Debt and Nation. So, any suggestions please, remembering this drawing is dated 9th November 1948 ...