Author

Topic: Time of Confirmation (Read 254 times)

legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
October 03, 2023, 08:32:38 AM
#18
Look up a transaction, check on the left:
Code:
3 days ago Sep 22, 2023 6:13 PM UTC


3 days ago Sep 22, 2023 6:13 PM UTC


Is that the confirmation time?



It's the approximate time the transaction has been added to a block, but since any node can assemble the transactions into a block at any time, it is not quite reliable.

In the replies above, you can see the "block time" the time when the transaction was added to the block (in seconds since epoch I think). However, actually converting it to a human-readable value is a different story, because of time zones, daylight-saving times, leap-seconds, and so on.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
October 02, 2023, 10:50:08 AM
#17
Yes. If you check block 808877, you can verify it yourself. It was mined in 2023-09-22 18:13 UTC.

This may sound petty, but it's not necessarily the time the block was mined but rather the timestamp the miner has chosen to put into the blockheader of block 808877. Both times must not be the same and are allowed to differ by quite some amount. According to one of my nodes and unknown propagation delay of the node's network mining time and block header timestamp seem to be pretty close for block 808877:
Code:
2023-09-22T18:14:35Z Saw new header hash=000000000000000000007761b9076f7e5b29b5f7ef4a74cd4372b1c0631a20c9 height=808877
2023-09-22T18:14:35Z [net] Saw new cmpctblock header hash=000000000000000000007761b9076f7e5b29b5f7ef4a74cd4372b1c0631a20c9 peer=3540
2023-09-22T18:14:35Z UpdateTip: new best=000000000000000000007761b9076f7e5b29b5f7ef4a74cd4372b1c0631a20c9 height=808877 version=0x20008000 log2_work=94.433168 tx=898739166 date='2023-09-22T18:13:57Z' progress=1.000000 cache=27.1MiB(37151txo)

Yeah sometimes the time stamp can be off by 1 to 90 seconds. So if you really poke around on a block’s reported time you may find small time differences. I have posted on this a few times. here and there on this site.
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
October 01, 2023, 02:36:23 PM
#16
This may sound petty, but it's not necessarily the time the block was mined but rather the timestamp the miner has chosen to put into the blockheader of block 808877. Both times must not be the same and are allowed to differ by quite some amount.
Very correct. If we want to be specific, the block time must be greater or equal with the median time of the previous 11 blocks + 1 second, and less than the adjusted network time + 2 hours.

These are the particular lines in validation.cpp that check it:
Code: (https://github.com/bitcoin/bitcoin/blob/5bbf735defac20f58133bea95226e13a5d8209bc/src/validation.cpp#L3749-L3756)
   // Check timestamp against prev
    if (block.GetBlockTime() <= pindexPrev->GetMedianTimePast())
        return state.Invalid(BlockValidationResult::BLOCK_INVALID_HEADER, "time-too-old", "block's timestamp is too early");


    // Check timestamp
    if (block.Time() > now + std::chrono::seconds{MAX_FUTURE_BLOCK_TIME}) {
        return state.Invalid(BlockValidationResult::BLOCK_TIME_FUTURE, "time-too-new", "block timestamp too far in the future");
    }

- GetMedianTimePast() can be found in chain.h, and it returns the median time of the past 11 blocks.
- MAX_FUTURE_BLOCK_TIME can also be found in chain.h, and it is equal with 7200 seconds (2 * 60 * 60).

According to one of my nodes and unknown propagation delay of the node's network mining time and block header timestamp seem to be pretty close for block 808877:
Code:
2023-09-22T18:14:35Z Saw new header hash=000000000000000000007761b9076f7e5b29b5f7ef4a74cd4372b1c0631a20c9 height=808877
2023-09-22T18:14:35Z [net] Saw new cmpctblock header hash=000000000000000000007761b9076f7e5b29b5f7ef4a74cd4372b1c0631a20c9 peer=3540
2023-09-22T18:14:35Z UpdateTip: new best=000000000000000000007761b9076f7e5b29b5f7ef4a74cd4372b1c0631a20c9 height=808877 version=0x20008000 log2_work=94.433168 tx=898739166 date='2023-09-22T18:13:57Z' progress=1.000000 cache=27.1MiB(37151txo)
Mine received it 2 seconds after yours. You could be the one who sent it to me.  Smiley
Code:
2023-09-22T18:14:37Z UpdateTip: new best=000000000000000000007761b9076f7e5b29b5f7ef4a74cd4372b1c0631a20c9 height=808877 version=0x20008000 log2_work=94.433168 tx=898739166 date='2023-09-22T18:13:57Z' progress=1.000000 cache=123.6MiB(805657txo)
hero member
Activity: 714
Merit: 1010
Crypto Swap Exchange
October 01, 2023, 01:40:00 PM
#15
Yes. If you check block 808877, you can verify it yourself. It was mined in 2023-09-22 18:13 UTC.

This may sound petty, but it's not necessarily the time the block was mined but rather the timestamp the miner has chosen to put into the blockheader of block 808877. Both times must not be the same and are allowed to differ by quite some amount. According to one of my nodes and unknown propagation delay of the node's network mining time and block header timestamp seem to be pretty close for block 808877:
Code:
2023-09-22T18:14:35Z Saw new header hash=000000000000000000007761b9076f7e5b29b5f7ef4a74cd4372b1c0631a20c9 height=808877
2023-09-22T18:14:35Z [net] Saw new cmpctblock header hash=000000000000000000007761b9076f7e5b29b5f7ef4a74cd4372b1c0631a20c9 peer=3540
2023-09-22T18:14:35Z UpdateTip: new best=000000000000000000007761b9076f7e5b29b5f7ef4a74cd4372b1c0631a20c9 height=808877 version=0x20008000 log2_work=94.433168 tx=898739166 date='2023-09-22T18:13:57Z' progress=1.000000 cache=27.1MiB(37151txo)
legendary
Activity: 3472
Merit: 10611
September 26, 2023, 11:41:13 PM
#14
A transaction is valid when it is confirmed by miners, validate by nodes and a first confirmation is most important.
In practice if a transaction is included in a block, it is most definitely valid because of the financial incentive miners have to make absolutely sure they are not creating an invalid block and lose the reward for their work.
But technically a confirmed transaction can be invalid, the only way to know if a transaction is valid is if your node has validated it.
sr. member
Activity: 910
Merit: 284
September 26, 2023, 06:02:52 PM
#13
Look up a transaction, check on the left:
Code:
3 days ago Sep 22, 2023 6:13 PM UTC


3 days ago Sep 22, 2023 6:13 PM UTC


Is that the confirmation time?

Yes, it's the time that the TX received its first confirmation.
jr. member
Activity: 101
Merit: 9
September 26, 2023, 02:53:17 PM
#12


OK.

Thank you very much.
hero member
Activity: 862
Merit: 662
September 26, 2023, 02:26:22 PM
#11
There is no such a thing as "time of broadcast".

I agree with you, but seems that you didn't bother in read what i write there... anyway.


legendary
Activity: 1512
Merit: 7340
Farewell, Leo
September 26, 2023, 02:22:53 PM
#10
Just make sure that you aren't looking for the time of broadcast. Not all explore give you the time of broadcast of the transsaction.
There is no such a thing as "time of broadcast". In a peer-to-peer network some nodes receive messages later than others. This is why Bitcoin needed a timestamp server. So that time will be determined by one node; not any, but the one which worked more.

Is that the confirmation time?
Yes. If you check block 808877, you can verify it yourself. It was mined in 2023-09-22 18:13 UTC.
jr. member
Activity: 101
Merit: 9
September 26, 2023, 02:09:00 PM
#9
Look up a transaction, check on the left:
Code:
3 days ago Sep 22, 2023 6:13 PM UTC


3 days ago Sep 22, 2023 6:13 PM UTC


Is that the confirmation time?
hero member
Activity: 862
Merit: 662
September 26, 2023, 01:02:04 PM
#8
Just make sure that you aren't looking for the time of broadcast. Not all explore give you the time of broadcast of the transsaction.

most of the blockchan explorer give you the time when the block was confirmed
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
September 26, 2023, 12:58:05 PM
#7
Is there a way to find out the exact time a transaction was confirmed?
Yes, of course.
Actually: no! There is no "exact" time in Bitcoin, there's a "block time" and a "received by node time", but those can vary between nodes. Sometimes the previous block has a later time than the current block.

Can you give me an example?
Look up a transaction, check on the left:
Code:
3 days ago Sep 22, 2023 6:13 PM UTC
jr. member
Activity: 101
Merit: 9
September 26, 2023, 12:52:28 PM
#6


I'm looking at blockchain, but I don't see.

https://www.blockchain.com/

Can you give me an example?
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
September 26, 2023, 12:49:49 PM
#5
Its simple you can use the txid of your transaction on blockhain explorer then you can find information about which block the TX was included and at what time too under timestamp.
It is true that he can use the txid to know the time the transaction got confirmed, but no need of looking for the block the transaction was mined, it is of no need and pointless. Once he paste the txid on a bitcoin blockchain explorer, he will see the time.

It is also worth knowing that Tor can be used to access any of the explorer for anonymity reason.
sr. member
Activity: 910
Merit: 284
September 26, 2023, 12:28:05 PM
#4
Its simple you can use the txid of your transaction on blockhain explorer then you can find information about which block the TX was included and at what time too under timestamp.

legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
September 26, 2023, 12:26:08 PM
#3
Input the txid on a blockchain explorer like:

https://blockchair.com
https://blockstream.info/
https://mempool.space/
https://www.blockchain.com/explorer/assets/btc

Edit:
If the transaction is for you and on your wallet, you can see the day and time on some wallets, like Electrum, Bluewallet and many other bitcoin wallets.
staff
Activity: 3500
Merit: 6152
September 26, 2023, 12:23:19 PM
#2
Hello.

Is there a way to find out the exact time a transaction was confirmed?


Yes, of course. Which block explorer are you using? Blockchair should show you the confirmation time.

Blockchain, on the other hand, shows when the transaction was broadcast and not confirmed. But if you click on the block on which the transaction was confirmed, you will see when that block was mined and that would also represent the first confirmation time.
jr. member
Activity: 101
Merit: 9
September 26, 2023, 12:22:06 PM
#1


Hello.

Is there a way to find out the exact time a transaction was confirmed?
Jump to: