The time mechanic acts as a shield. If you are about to be hit, rewinding allows you to escape danger, but it uses up your time meter.
To give you the most relevant info, is there a you're stuck on, or Zeit 2 [squared] - rebuilding your own Zeit2.resources.dll The time mechanic acts as a shield
Use the ghost feature to double your firepower. In boss fights, position your main ship on one side and your ghost on the other to maximize damage output. rewinding allows you to escape danger