Ethereum: What is the difference between time, blocktime and timereceived?
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Understanding of information on the Ethereum transaction
Ethereum is a decentralized platform that allows you to create intelligent contracts and decentralized applications (APP). When an Ethereum network takes place, it generates a series of information that includes time, blockade and timer. In this article, we will divide what each of these terms means and how they are depicted in the context of Ethereum’s activity.
Time
In the context of Ethereum’s activity, “Time” refers to the time when the agreement was established. This is the Timestamp Unix, which is the number of seconds that went from 1 January 1970 a. 00:00 UTC (coordinated universal time). Time is shown in seconds, without lane shifts.
For example, if the transaction creates a new marker on the Ethereum network and its creation time is 2022-01-01t12: 00z, it will be represented as 1643723900. This TimesTamp describes when the agreement was created.
locking time
Blocktime aims at the delay between the formation of the block (transactions group) and its publication on the Ethereum network. Ethereum Network Hash Function (ENG), which creates a unique digital imprint for everyone in this block, generates a block every minute. The block indicates the time necessary to publish the next block after the previous acquisition.
For example, if a transaction with a time of 2022-01T12: 00: 00: 00z is included in the block with the value of AHTH HASH 1234567890ABCDEF" and this block is published in 1643723902 (Unix TimesTamp), blocker, lock, lock, Blockstime, Blockstime, which is blocked, block.
Timerecive
"Timerecated" refers to the TimesTamp when the agreement was "received" or approved by the network. It is also called time until it is recognized and reflects the delay between the establishment of transactions and its acceptance on the Ethereum network.
Bitcind Json RPC API in the context, which provides developers with a way to interact with Ethereum Blockchain, Timerecated is represented as1632. This means that if the transaction was created by phone 2022-01-01t12: 00z and received 1643723902 (TimesTamp Unix), the network would have recognized it about 1 minute later.
Example of information on the deal
Here is an example of a Json object that reflects the information on the transaction returned by the Bitcind Json RPC API:
Json
{
“Somma”: 0.02,
“Blockindex”: 45,
“Timestamp”: 1643723902,
“Timerecive”: 1632,
“Time”: 1643723915,
“Transactionid”: 1234567890ABCDEF,
… …
}
`
In this example, the transaction information includes:
- Somma: the sum of the ETH transfer.
- Blockindex`: block number that included the transaction.
- TimesTamp, “Timerecated” and “Time” depicts the time and delay between the creation of the transaction and its approval on the network.
Understanding these three terms: time, locking time and with a timer, developers can better understand how transactions are developed on the Ethereum network and make deliberated decisions on their own blockchain development efforts.
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