This work/exhibition on the concept “trustless” revolves around the mechanism of cryptocurrencies such as the Bitcoin, where currencies are being issued and traded on peer-to-peer networks without a central bank or other central organization, on the foundation of interventions from participants in a distributed network, who by way of consensus-building technology solve the problem of a potential transmission of fake data through replication or camouflage. Focusing on the fact that the realization of stateless cryptocurrencies, along with the underlying mechanisms, suggests possible new forms of administration, the work discusses what this could mean in the context of contemporary society.
The exhibition schedule is divided into two periods. On display in part one is a work that illustrates the existence and structure of cryptocurrencies, while in the second part, the mechanism of cryptocurrencies is combined with the machine learning aspect of artificial intelligence, with the aim to grasp contemporary issues by interpreting the simulated operation of a virtual state.