Time Dilation is the difference in elapsed time between two viewers, specifically a stationary viewer and a nonstationary viewer. This simple calculator will measure that difference and display it.
Why is this important? Read the article below https://en.wikipedia.org/wiki/Time_dilation For example, setting velocity to 7660 and the stationary time to 31556952, you'll get how much time passes for the ISS every year. It's slower. That's time dilation