Isn’t time stamping just including the latest BTC block hash (proof of earliest; if there’s another way of getting objectively time stamps even better) + notarisation comes if the hash is included to the regular note event that are all signed anyways.

Can be done for free and for everything.

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Not for free, or it would fill with spam. But cheaply. Peter Todd figured this out in 2017. Cryptographers are catching up.

https://petertodd.org/2017/scalable-single-use-seal-asset-transfer