Time stamps off in block explorer???

[smoothie]

Here is what I found today (July 22nd) on the namecoin block explorer website. the time stamps seem to be off. Is this a glitch?

17501 23/07/11 01:16:09 1eff4db960... 64 ~1'691.46
17500 23/07/11 01:12:48 aafc970147... 1 50.00
17499 23/07/11 01:14:24 14e6184882... 3 ~220.12
17498 23/07/11 01:13:54 218a67eaf1... 1 50.00
17497 23/07/11 01:11:10 944a87e538... 3 ~76.82
17496 23/07/11 01:11:27 22cc4517eb... 2 ~91.11
17495 23/07/11 01:10:57 1df3f16a00... 3 ~125.06
17494 23/07/11 01:08:05 9d5b129d1c... 1 50.00
17493 23/07/11 01:07:03 db25489eff... 3 ~87.69
17492 23/07/11 01:04:08 14842fa627... 1 50.00
17491 23/07/11 01:03:36 1a28adaa74... 6 ~269.74
17490 23/07/11 00:56:00 1a8833a432... 100 ~2'514.00
17489 23/07/11 00:55:43 b903760e53... 12 ~186.85
17488 23/07/11 00:54:22 225a64d968... 66 ~866.95
17487 23/07/11 00:53:21 19b0e1a462... 2 ~55.19

[moa]

Might be this

http://culubas.blogspot.com/2011/05/tim ... n_802.html

time-jacking.

[khal]

Miner insert their own timestamp in the block they generate, which depend on their clock.
The bitcoin network allows "small" variations (30mn if i remember right).

This is more visible when the network hashrate is 5 times the difficulty and a block is found in 2mn.

[gigabytecoin]

Khal is correct on this one.

"Network Time" is only a generic reference in the sense that it is the time of the mining rig when the solution was found, which can be off by as many as 2 hours from the previous value.

[smoothie]

Thanks that makes sense given the rate at which we were generating blocks.

[gigabytecoin]

Thanks that makes sense given the rate at which we were generating blocks.

Yes whenever we get into the area of solving blocks every few minutes, there is bound to be some discrepancy in time amongst mining rigs.

Not sure if there is any disadvantage to this whatsoever, or why we even show the "time" if there is none.