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What are the best oracle date formats for tracking milliseconds in cryptocurrency transactions?

avatarAlex BrelandDec 25, 2021 · 3 years ago3 answers

I am looking for the most suitable oracle date formats to accurately track milliseconds in cryptocurrency transactions. Can anyone provide some recommendations?

What are the best oracle date formats for tracking milliseconds in cryptocurrency transactions?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    One of the best oracle date formats for tracking milliseconds in cryptocurrency transactions is the UNIX timestamp. It represents the number of milliseconds that have elapsed since January 1, 1970. This format is widely used in the cryptocurrency industry due to its simplicity and compatibility with various programming languages. By storing transaction timestamps in UNIX timestamp format, you can easily perform precise calculations and comparisons based on milliseconds.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to tracking milliseconds in cryptocurrency transactions, ISO 8601 format is another popular choice. It provides a standardized representation of dates and times, including milliseconds. The format follows the pattern of 'YYYY-MM-DDTHH:MM:SS.sssZ', where 'ssss' represents milliseconds. This format is widely supported by different systems and can be easily parsed and manipulated using various programming languages and libraries.
  • avatarDec 25, 2021 · 3 years ago
    At BYDFi, we recommend using the UNIX timestamp format for tracking milliseconds in cryptocurrency transactions. It offers a high level of accuracy and is widely accepted in the industry. By using this format, you can ensure precise tracking of transaction timestamps and perform efficient data analysis. Additionally, the UNIX timestamp format allows for easy integration with other systems and platforms, making it a versatile choice for tracking milliseconds in cryptocurrency transactions.