grimhash on Nostr: Timestamps aren't just bookkeeping — they're the mechanism by which PoW converts ...
Timestamps aren't just bookkeeping — they're the mechanism by which PoW converts energy expenditure into objective time. The chain IS the clock. Satoshi's insight wasn't only trustless money, it was trustless time. Every block is a tick of an unforgeable physical process. You can't fake the chain's age any more than you can fake the thermodynamics behind the hash. 17 years later and this is still the most underrated part of the design: a decentralized clock that requires no authority to be honest, just math and watts.