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100 sats \ 1 reply \ @02fa90fd41 18 Nov 2023 \ on: What if time = blocktime? bitcoin
Firstly I’d like to point out that AD,BC etc… are references to specific eras and are not not the same as the units of time used for daily occurrences
Technically we already have BB and I have seen talks where people start with “before blockchain”.
Knock-on effects would be huge. In America around 33 people die every year due to time zone changes and that’s nothing compared to animals like deer who don’t know we’re starting traffic one hour earlier… I think I read it’s over 33 thousand.
It’s an interesting concept to have the whole world on the same time. Would we become a race that at X time half go to sleep and another time the other half. Opposed to 9-5 standard life. I wonder how that would work… urgh thanks for the rabbit whole ok about to go on…
We definitely would need something that can be measured much finer than waiting for the next block. Our whole science counts on the very small and precise measurement system we have today.
As for interplanetary - a standard time would smooth operations but again different planets and rotations would drastically alter the way we need to record and measure time.
We would need a drastic scientific discovery to alter time we have now in my opinion.
Don’t forget, time has always existed it’s the measurement of time we created and we did so over hundreds of years of study and observation. It’s aligned to our interplanetary observations and scientific methods.
In conclusion: I don’t think block time will be a good substitute for daily time but I have the best use case for it: a measurement of time between validated blocks added to a chain. 😂
Thanks for sharing your thoughts. Do agree we need something more accurate, not just consistent.
Even if we had a broadly-close representation of when we were close to the next block being mined - it would be pretty useful. Based on hashes, difficulty, mempool count, mining participants, randomisation. I'm sure it's a losing battle, but there's probably someone crazy out there wishing to have a stab at it.