fix(core): optimize extractEventTimestamp function using bitwise oper…

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…ations

Why is this change needed?

Replace string conversion and parsing with more efficient bitwise right shift operation in extractEventTimestamp function. This change improves performance by eliminating unnecessary string operations while maintaining the exact same functionality

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PR-Codex overview

This PR refactors the extractEventTimestamp function in time.ts to improve efficiency by replacing the conversion of eventId to a binary string and slicing it with a bitwise right shift operation.

Detailed summary

• Changed the implementation of extractEventTimestamp.
• Replaced the conversion of eventId to a binary string with a bitwise right shift (eventId >> SEQUENCE_BITS).
• Removed the intermediate variable binaryEventId and binaryTimestamp.

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