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Timestamp

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Table of contents
    1. 0.2. How Timestamps Work
    2. 0.4. Why Timestamps Matter

A Timestamp in blockchain refers to the exact date and time a transaction or block is added to the blockchain, serving as a verifiable record of when an event occurred.

How Timestamps Work

Each block in a blockchain contains a timestamp set by the network or miner that adds the block. This time data helps organize the blockchain chronologically and plays a role in validating transaction order and enforcing consensus rules. Timestamps can also be used in smart contracts and other time-sensitive operations.

Why Timestamps Matter

Timestamps ensure transparency, order, and auditability in blockchain systems. They help track the sequence of events, prevent double-spending, and support time-based triggers in applications like staking, voting, or token vesting. Accurate timestamps are essential for trust and reliability in decentralized networks.