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When the date and time of an event is recorded, we say that it is timestamped. A digital camera will record the time and date of a photo being taken, a computer will record the time and date of a document being saved and edited. A social media post may have date and time recorded. These are all examples of a timestamp.
Timestamps are important for keeping records of when information is being exchanged or created or deleted online. In many cases, these records are simply useful for us to know about. But in some cases, a timestamp is more valuable.
In the blockchain, the ownership and status of this content lives on in eternity — for all to see and verify. It gives undeniable proof that this content exists, when it first appeared, who wrote it, and when it was last edited, if so.
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