With the advent of
cryptocurrencies like
bitcoin, it has become possible to get some level of secure timestamp accuracy in a
decentralized and tamper-proof manner. Digital data can be hashed and the hash can be incorporated into a transaction stored in the
blockchain, which serves as evidence of the time at which that data existed. For
proof of work blockchains, the security derives from the tremendous amount of computational effort performed after the hash was submitted to the blockchain. Tampering with the timestamp would require more computational resources than the rest of the network combined, and cannot be done unnoticed in an actively defended blockchain. However, the design and implementation of Bitcoin in particular makes its timestamps vulnerable to some degree of manipulation, allowing timestamps up to two hours in the future, and accepting new blocks with timestamps earlier than the previous block. The decentralized timestamping approach using the blockchain has also found applications in other areas, such as in
dashboard cameras, to secure the integrity of video files at the time of their recording, or to prove priority for creative content and ideas shared on social media platforms. ==See also==