Aligning timebases to share synchronized periodic signals

A system and method for aligning a local timebase to a remote timebase given a timebase error value from a higher-level protocol, and using the aligned timebases to generate and distribute synchronized events and synchronized adjustable frequency periodic signals across a domain using the aligned timebases. Slightly speeding up or slowing down a periodic signal used to count time, a local timebase may be aligned to a remote timebase when given an error value from a higher-level protocol. A device may be configured to begin generating a periodic waveform at an agreed upon time in the future, once the timebases are aligned, where the time may be synchronized to remote devices via a synchronization protocol and an alignment mechanism. Remote periodic signals may remain synchronized to each other as long as the higher-level protocol and timebase alignment algorithm keep the timebases aligned. A common reference periodic signal may be shared between all devices, and the reference periodic signal or a conditioned version of the reference periodic signal may be specified as the periodic signal to control the operation of the timebase circuitry. The common reference periodic signal may improve synchronization performance beyond the capabilities of the higher-level protocol, and may in addition provide means for synchronization fault tolerance.