Which protocol would be the BEST choice for achieving highly accurate time synchronization in a network environment that involves critical financial transactions requiring precision to the microsecond?
Precision Time Protocol (PTP) is designed to provide highly accurate time synchronization in the sub-microsecond range, making it ideal for environments where precise timing is crucial, such as in financial transactions or data centers. Although NTP is also used for time synchronization, it typically offers millisecond precision which might not be sufficient for critical timing requirements. Network Time Security (NTS) is a security mechanism for time protocols and not a synchronization protocol itself.
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What are some applications or industries that use PTP?