Timestamp

« 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

best-vpn-for-streaming

7 Best VPN For Streaming: Enjoy Your Shows From Anywhere

Isn’t it frustrating when you just want to kick back and watch your favorite shows …