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Nano Second timer

Other Parts Discussed in Thread: LMK03806, LMX2581, SN74LV8154, LMK04828

1. Is there any method so that we can measure an activity with nanoseconds resolution?
2. I need to measure time taken by two bluetooth devices to send and receive 1 bit and distant 10 cm from each other. This time will be in nano second range. Measurement needs to be very precise in ns domain.