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- Insights
- 12 10 2022
- 4 min read
The concept of time is central to blockchain technology. Satoshi’s white paper devotes a whole chapter to explaining how each block of transactions is chronologically ordered and why that matters for provability. In this third article in our Bitcoin Building Blocks series, we look at Bitcoin’s block structure, the ‘newspaper’ analogy, and how businesses can benefit from compliance and auditing features inherent to the system’s design.