The Precision Time Protocol (PTP) is a protocol used to synchronize clocks throughout a computer network. On a local area network, it achieves clock accuracy in the sub-microsecond range, making it suitable for measurement and control systems. PTP is employed to synchronize financial transactions, mobile phone tower transmissions, sub-sea acoustic arrays, and networks that require precise timing but lack access to satellite navigation signals.
The first version of PTP, IEEE 1588-2002, was published in 2002. IEEE 1588-2008, also known as PTP Version 2 is not backward compatible with the 2002 version...