I think it would be great if Algorand could provide an easy way for trustless timestamping for example implementing the OpenTimestamps format (OTS) or something even better - I couldn’t find anything related to that so I’m assuming at the moment it is something still missing. Ii would be a great L1…

[image] barredowler: OpenTimestamps format (OTS) OTS seems to be quite hardcoded into bitcoin https://github.com/opentimestamps/opentimestamps-client/blob/a2121ea7a66db36cc52fad1d19ab6bdccf2ccf06/otsclient/cmds.py#L57 I believe it would be easier for timestamp service to create timestamp jus…

In that case how can you achieve truly trustless time information? If I got right you rely on the timestamp included in the transaction, but who tells you it is exactly that time? Where does information come from? I’m not technical so sorry If I say something wrong, but as far as I know OTS does som…

[image] barredowler: Where does information come from? it comes from the blockchain. 1000 node operators agreess each block on the list of transactions included in the block as well as the timestamp… there are hardcoded rules for example that timestam must always go up, and much more… in ord…

Trustless timestamps on Algorand

General

barredowler January 4, 2023, 9:05pm 5

It makes sense…Thank you very much for your kind reply!

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Trustless timestamps on Algorand

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