This paper focuses on the issue of how generalizations of continuous and leftcontinuous t-norms over linearly ordered sets should be from a logical point of view. Taking into account recent results in the scope of algebraic semantics for fuzzy logics over chains with a monoidal residuated operation, we advocate linearly ordered BL-algebras and MTL-algebras as adequate generalizations of continuous and left-continuous t-norms respectively. In both cases, the underlying basic structure is that of linearly ordered residuated lattices. Although the residuation property is equivalent to left-continuity in t-norms, continuous t-norms have received much more attention due to their simpler structure. We review their complete description in terms of ordinal sums and discuss the problem of describing the structure of their generalization to BL-chains. In particular we show the good behavior of BL-algebras over a finite or complete chain, and discuss the partial knowledge of rational BL-chains....