Whats the difference between Blockchain and Timechain?

The timechain and blockchain are related concepts, but they have distinct differences.

A blockchain is a decentralized digital ledger that records all transactions on a network. Each block in the blockchain contains a record of a group of transactions and is linked to the previous block by a hash, creating a chain of blocks.

A timechain, on the other hand, refers specifically to the chronological order of blocks in the blockchain. It ensures that the order of transactions is maintained and that no transactions can be tampered with once they have been added to the blockchain. Each block in the timechain contains a timestamp that records the time at which the block was added to the chain, which ensures that the order of transactions is maintained even if blocks are added to the chain at different times.

In summary, the blockchain is a decentralized digital ledger that records all transactions on a network and the timechain is a specific aspect of the blockchain, it refers to the chronological order of blocks in the blockchain. Both are important for the security and integrity of the network but serve different purposes.