Satoshi called Bitcoin a Timechain NOT Blockchain!

Blockchain isn't written once in the Whitepaper, but Satoshi did call Bitcoin a time chain. What is BTC now? Blockchain or Timechain? Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: bitbox.swiss/robin Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Best place to back-up your seed-phrase: - Get a 10% discount with code "Robin" - & visit: https://robinbtc.link/xellox Guest's contact: https://x.com/Meditation_Man Summary The conversation explores the concept of the time chain in Bitcoin and its significance. The time chain is referred to as a record that is in consensus, immutable, and authoritative. It provides a way to record something that is unchangeable and true, unlike the fragmented and manipulated history we often encounter. The time chain also offers a unique way to experience time as a global human race, with each block height representing a globally experienced simultaneous moment. The conversation also touches on the challenges of centralization in mining and the importance of staying anonymous in the Bitcoin community. The Time Chain Calendar is a web application that visualizes Bitcoin and helps users understand its technical aspects. It displays the current block height, the timing of blocks, the difficulty adjustment, and the halving cycle. The calendar is available in multiple languages and serves as an educational tool for learning about Bitcoin. It encourages users to develop a better understanding of Bitcoin beyond just its price. The creator hopes that Bitcoin can bring about positive change in society by providing a more uncorruptible and fair monetary system. Takeaways The time chain in Bitcoin is a record that is in consensus, immutable, and authoritative. The time chain provides a way to record something that is unchangeable and true, unlike the fragmented and manipulated history we often encounter. Each block height in the time chain represents a globally experienced simultaneous moment, offering a unique way to experience time as a global human race. Centralization in mining is a challenge for Bitcoin, as it affects the distribution of block rewards and the selection of transactions. Staying anonymous in the Bitcoin community allows for the focus to be on ideas and the project itself, rather than personal identity. The Time Chain Calendar is a web application that visualizes Bitcoin and helps users understand its technical aspects. It displays the current block height, the timing of blocks, the difficulty adjustment, and the halving cycle. The calendar is available in multiple languages and serves as an educational tool for learning about Bitcoin. Chapters 00:00 Introduction and Background 01:29 The Concept of the Time Chain in Bitcoin 08:15 The Significance of the Time Chain in Recording History 11:33 The Global Experience of Time in the Bitcoin Time Chain 14:26 Challenges of Centralization in Mining 20:53 The Uncertainty of the Next Block in the Time Chain 24:47 The Importance of Anonymity in the Bitcoin Community 51:35 Introduction to the Time Chain Calendar 53:00 Using Websites to Learn About Bitcoin 53:52 Inspiration for the Time Chain Calendar 54:39 Visualizing Block Timing and Difficulty Adjustment 56:34 Tracking Blocks to the Difficulty Adjustment 57:28 Understanding the Difficulty Adjustment 58:24 The Relationship Between Block Time and Difficulty Adjustment 59:21 The Significance of Block Timing and Difficulty Adjustment 01:00:20 Exploring the Halving Cycle 01:01:46 Visualizing the Halving Cycle and Total Supply 01:04:14 Understanding the Average Block Time 01:05:33 The Educational Potential of the Time Chain Calendar 01:11:26 The Importance of Timing in Bitcoin 01:13:50 Analyzing Transaction Fees and Mempool Data 01:19:40 The Unpredictability of Block Timing 01:32:50 The Potential Impact of Bitcoin on Society