Timestamp : What is it?

[sewekev]

Timestamp is series of encoded information about different events. It helps verifying which event happens when by giving the occurring time of the event. In blockchain timestamps shows when different events on blockchain happened. It keeps record of all the changes. The most interesting thing is on blockchain timestamp cannot be tempered.

Each transaction is recorded and timestamped in blockchain. Tempering one will fail the sequence. Thus, the tempered one will be invalid. That's why it's temper proof. With help of timestamp feature we can use blockchain for protecting intellectual property too. Let's say you have researched on something and wrote a paper. Now you want show it to some expert for review. But you're afraid that your work can be stolen. Then you can timestamp that work on blockchain. Then you don't need to worry anymore because you can easily prove your ownership anytime.

 

[phoenix63181]

what the use of it

 

[sewekev]

Like say for example you have a wrote a research paper and you want to give it to a professor for reviewing. But you're afraid that the professor might steal your work. So you can timestamp that paper then if the professor steals your work you can prove that, your paper was made before the professors.

 

[bailfyr]

Stop spamming dude..

 

[rublev98]

It is the number that expresses a temporal quantity more precisely to the number of seconds

 

[kentcesar]

It is the number that expresses a temporal quantity more precisely to the number of seconds

agree 1 sentence is enough to understand

 

[Ronin Esports]

Actually, I didn't understand what it was. What are they used for?

 

[Shirshah777]

Timestamp is series of encoded information about different events. It helps verifying which event happens when by giving the occurring time of the event. In blockchain timestamps shows when different events on blockchain happened. It keeps record of all the changes. The most interesting thing is on blockchain timestamp cannot be tempered.

Each transaction is recorded and timestamped in blockchain. Tempering one will fail the sequence. Thus, the tempered one will be invalid. That's why it's temper proof. With help of timestamp feature we can use blockchain for protecting intellectual property too. Let's say you have researched on something and wrote a paper. Now you want show it to some expert for review. But you're afraid that your work can be stolen. Then you can timestamp that work on blockchain. Then you don't need to worry anymore because you can easily prove your ownership anytime.

nobody can steal it from block-chain?

 

[|JohnJOHN|]

If this is YouTube we don't copy them We are OG
compere the date Oh We are only inspired to there work, well mate you are not OG