I had reffered, the following answer from this site http://code.google.com/p/ptpv2d/wiki/Introduction, which i gave me a clear idea on ptpv2d, hope you also get the clear information, about this.
Pls refer this also http://code.google.com/p/ptpv2d/
ptpv2d is GPL licensed open source code of IEEE 1588 version 1, version 2 and IEEE 802.1AS including hardware timestamping for Freescale MPC831x family of processors.
The ptpv2d is a Precision Time
Protocol which has the following
features:
- The User mode application which runs under standard LINUX, with a
modular design that ensures easy
portation to additional operating
systems.
- An extensive optional print-to-console debug message
function. This message functionality
can be added or omitted at compile
time. If it is included, then the
output level is command-line
selectable. Debug messages are
uniformly formatted for quicker,
easier analysis. The POSIX socket
calls is used to retrive all
messages. Message handling is
contained in a separate module to
ensure easy portation to any desired
operating system.
- Freescale MPC8313E Ethernet port driver with full support
for PTP version 1 and version 2
message hardware time stamping.
- Ability to adjust the Hardware clock very precisely (as
precise as one part per billion).
Software algorithm for fine (as small
as one part per billion) adjustment of
the Hardware clock .
- Ability to report detected variances from Grandmaster
clock in parts per million
- Command line ability to set four different debug
output levels: none, basic, verbose,
and Message
7.Ability to set Sync/Follow-up transmit time values of
less than one second. This allows for
multiple Sync/Follow-ups per second,
which provides enhanced accuracy and
tracking of the "slave" system to the
"grandmaster" system.
- Additional run time options and support code include:
- Selection of PTP version 1 or version 2 encapsulation
and protocol
10.Selection of IEEE 1588 PTP over IPv4/UDP, IEEE P1588 PTP
over Ethernet (draft 2.2)or IEEE
P802.1AS encapsulation and
protocol(draft 1.0) User specified
clock period to synthesize other base
clocks, not just at 10 MHz.
These features have gone through
extensive testing using dual
MPC8313E-RDB boards running both PTP
and Ping traffic. On a Freescale
MPC8313E-RDB board running eight
Sync/Follow-up Messages per second, it
will support a plus or minus 50
nanosecond offset from master more
than 99.9% of the time. At 128
Sync/Follow-ups per seconds, the
system will synchronize within 16
nanoseconds of the "grandmaster"
system.