English

Bitcoin: A Non-Continuous Time System

Cryptography and Security 2025-11-20 v11

Abstract

Bitcoin constructs temporal order internally rather than synchronizing to any external clock. Empirical evidence shows that its time evolution is non-continuous, probabilistic, and self-regulated. Block discovery follows a stochastic process in which uncertainty accumulates during the search phase and collapses abruptly when a valid proof-of-work solution appears. Difficulty adjustment maintains the system near the entropy-maximizing regime and allows the network to infer the underlying global hash rate. Building on these observations, we present a unified framework in which Bitcoin time emerges from four interacting mechanisms: proof of work as a distributed entropy source, difficulty adjustment as temporal feedback, entropy collapse as discrete temporal updates, and recursive sealing through hash pointers. Together these mechanisms form a self-regulating temporal architecture that transforms distributed randomness into a coherent and irreversible global timeline, offering a generalizable foundation for autonomous timekeeping in permissionless systems.

Keywords

Cite

@article{arxiv.2501.11091,
  title  = {Bitcoin: A Non-Continuous Time System},
  author = {Bin Chen},
  journal= {arXiv preprint arXiv:2501.11091},
  year   = {2025}
}
R2 v1 2026-06-28T21:10:43.284Z