2019-03-25 19:44:40 +00:00
|
|
|
---
|
2021-10-14 09:46:20 +00:00
|
|
|
summary: 'a special transaction where the recipient can only spend the funds after a future date, as set by the sender'
|
2019-03-25 19:44:40 +00:00
|
|
|
terms: ["unlock-time"]
|
|
|
|
|
---
|
|
|
|
|
|
2021-10-14 09:46:20 +00:00
|
|
|
{% include disclaimer.html translated="no" translationOutdated="no" %}
|
|
|
|
|
|
2019-03-25 19:44:40 +00:00
|
|
|
### The Basics
|
|
|
|
|
|
2021-10-14 09:46:20 +00:00
|
|
|
A special transaction where the recipient can only spend the funds after a
|
|
|
|
|
future date, as set by the sender.
|
2019-03-25 19:44:40 +00:00
|
|
|
|
2021-10-14 09:46:20 +00:00
|
|
|
Unlock time allows you to send a transaction to someone, such that they can
|
|
|
|
|
not spend it until after a certain number of blocks, or until a certain
|
|
|
|
|
time.
|
2019-03-25 19:44:40 +00:00
|
|
|
|
2021-10-14 09:46:20 +00:00
|
|
|
Note that this works differently than Bitcoin's
|
|
|
|
|
[nLockTime](https://en.bitcoin.it/wiki/NLockTime), in which the transaction
|
|
|
|
|
is not valid until the given time.
|
