2019-03-11 13:28:21 +00:00
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---
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2021-10-14 09:46:20 +00:00
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summary: 'a special transaction where the recipient can only spend the funds after a future date, as set by the sender'
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terms: ["unlock-time"]
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2019-03-11 13:28:21 +00:00
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---
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2020-08-16 17:11:02 +00:00
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{% include disclaimer.html translated="no" translationOutdated="no" %}
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2021-10-14 09:46:20 +00:00
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2019-03-11 13:28:21 +00:00
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### The Basics
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2021-10-14 09:46:20 +00:00
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A special transaction where the recipient can only spend the funds after a
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future date, as set by the sender.
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2019-03-11 13:28:21 +00:00
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2021-10-14 09:46:20 +00:00
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Unlock time allows you to send a transaction to someone, such that they can
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not spend it until after a certain number of blocks, or until a certain
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time.
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2019-03-11 13:28:21 +00:00
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2021-10-14 09:46:20 +00:00
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Note that this works differently than Bitcoin's
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[nLockTime](https://en.bitcoin.it/wiki/NLockTime), in which the transaction
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is not valid until the given time.
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