NTP stands for Network Time Protocol, which is a protocol designed to synchronize the time of computer or other devices with an accurate reference time source. The reference time sources include atomic clocks, GPS systems or other NTP servers.
NTP operates through a hierarchical model of time sources, where each level is responsible for maintaining synchronization with a higher level source. In this way, the NTP protocol ensures that all devices on a network have the same time.
NTP is essential for many computer systems, particularly in time-sensitive applications such as stock trading, where even a fractional difference in time can have significant consequences.
Overall, NTP is critical in ensuring that the time of different devices connected to a network remains accurate and synchronized, which helps avoid errors, data losses and improves system operations.
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