« Back to Glossary Index

It is a form of the identification for when a specific transaction occurred. The founder of Bitcoin, Satoshi Nakamoto, had written in his whitepaper that the timestamps focusses to eradicating the threat of double counting. These are the integral processes in the miners receiving compensation for mining each block.

« Back to Glossary Index

Check Also


Latest Crypto News On Chainlink, AAX, Telegram And More

In recent days, the cryptocurrency zone is flooded with some important occurrences that are important …

AdBlock Detected

Looks like you are using an ad-blocking browser extension. We request you to whitelist our website on the ad-blocking extension and refresh your browser to view the content.