Author

Topic: Electrum timestamp of TX vs. Blockchain.info timestamp (Read 165 times)

legendary
Activity: 3682
Merit: 1580
most explorers show block timestamp in UTC time, a few automatically convert it to local time of the viewers
that "+/- 2 hours" is an offset from node-local UTC and not simply local time zone
people might misunderstood the offset time without reading more info on that link Wink

It's not about timezones or block explorers. The bitcoin protocol doesn't care to ensure the accuracy of timestamps outside of a 2 hour range. Your clock can be off by that much and you can still mine bitcoin.
hero member
Activity: 1232
Merit: 738
Mixing reinvented for your privacy | chipmixer.com
When I check a transaction in Electrum and i compare the data with blockchain.info I see that there is a different timestamp. The transaction in Electrum seems to have happened later in time and on blockchain.info it seemed to have happened earlier.
---snip---
Could it be that blockchain.info registers a transaction when it first appeared on the network (with 0 confirmations) and Electrum registers a transaction after 6 confirmations?
FYI timestamp in the block can be +/- 2 hours!
most explorers show block timestamp in UTC time, a few automatically convert it to local time of the viewers
that "+/- 2 hours" is an offset from node-local UTC and not simply local time zone
people might misunderstood the offset time without reading more info on that link Wink
member
Activity: 134
Merit: 14
FYI timestamp in the block can be +/- 2 hours!

Are you sure tax regulations require such a high level of accuracy?
Thank you for your feedback. In Germany, if you sell a bitcoin you owned for > 1 year, there is no tax. So I have to prove to the internal revenue that I owned it for more than a year. My plan was to send them a link to a block explorer so they can find out for themselves, but if there are variations on the time stamp of the transaction I have to explain why. Just want to be prepared.
member
Activity: 134
Merit: 14
You should change to a better block explorer such as https://www.oxt.me/
Thank you for that link! The timestamp of Electrum and OXT.me is identical!   Smiley

btw, taxation is theft
I agree.  Undecided
legendary
Activity: 3682
Merit: 1580
FYI timestamp in the block can be +/- 2 hours!

Are you sure tax regulations require such a high level of accuracy?
member
Activity: 137
Merit: 10
Blockchain.info don't understand bech32(bc1) address.

You should change to a better block explorer such as https://www.oxt.me/

Try this and come back here.

btw, taxation is theft
sr. member
Activity: 322
Merit: 363
39twH4PSYgDSzU7sLnRoDfthR6gWYrrPoD
The real transaction timestamp is the timestamp of the block it was included in; that's literally the point of the blockchain: transaction ordering.
Using the time the node received the transaction makes no sense as different nodes receive different txs at different times, also, there is no guarantee that they'll ever be included in a block.
 However, the block timestamp is absolute.
member
Activity: 134
Merit: 14
Sorry, already asked this question in the German section of this forum but didn't get any replies.

When I check a transaction in Electrum and i compare the data with blockchain.info I see that there is a different timestamp. The transaction in Electrum seems to have happened later in time and on blockchain.info it seemed to have happened earlier.

What is the reason for this?

Could it be that blockchain.info registers a transaction when it first appeared on the network (with 0 confirmations) and Electrum registers a transaction after 6 confirmations?

For me this is important due to tax regulations in my country  Roll Eyes
Jump to: