mirror of
https://github.com/monero-project/monero-site.git
synced 2024-11-06 08:27:35 +00:00
13 lines
593 B
Markdown
13 lines
593 B
Markdown
|
---
|
||
|
|
terms: ["unlock-time"]
|
||
|
|
summary: "a special transaction where the recipient can only spend the funds after a future date, as set by the sender"
|
||
|
|
---
|
||
|
|
|
||
|
|
### The Basics
|
||
|
|
|
||
|
|
A special transaction where the recipient can only spend the funds after a future date, as set by the sender.
|
||
|
|
|
||
|
|
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.
|
||
|
|
|
||
|
|
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.
|