namami tvananta-saktim paresam
sarvatmanam kevalam jñapti-matram
yat tad brahma brahma-lingam prasantam
The Siva-jvara said: I bow down to You of unlimited potencies, the Supreme Lord, the Supersoul of all beings. You possess pure and complete consciousness and are the cause of cosmic creation, maintenance and dissolution. Perfectly peaceful, You are the Absolute Truth to whom the Vedas indirectly refer.
Previously the Siva-jvara felt himself to be unlimitedly powerful and thus attempted to burn Sri Krsna. But now he himself has been burned, and understanding that Sri Krsna is the Supreme Lord, he humbly approaches to bow down and offer praise to the Absolute Truth.
According to the acaryas, the word sarvatmanam indicates that Lord Sri Krsna is the Supersoul, the giver of consciousness to all living beings. Krsna confirms this in the Bhagavad-gita (15.15): mattah smrtir jñanam apohanam ca. “From Me come remembrance, knowledge and forgetfulness.”
In his commentary Srila Visvanatha Cakravarti emphasizes that the Siva-jvara has realized in many ways Lord Krsna’s supremacy over his own master, Lord Siva. Thus the Siva-jvara addresses Krsna as ananta-sakti, “possessor of unlimited potency”; paresa, “the supreme controller”; and sarvatma, “the Supersoul of all beings” — even of Lord Siva.
The words kevalam jñapti-matram indicate that Lord Krsna possesses pure omniscience. According to our limited understanding, we act in this world, but Lord Krsna, with His unlimited understanding, performs infinite works of creation, maintenance and annihilation. As Srila Jiva Gosvami points out, even the functions of the gross elements, such as air, depend on Him. The Taittiriya Upanisad (2.8.1) confirms this: bhisasmad vatah-pavate. “Out of fear of Him, the wind blows.” Thus Lord Sri Krsna is the ultimate object of worship for all living beings.