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13 lines
664 B
Markdown
13 lines
664 B
Markdown
---
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terms: ["unlock-time"]
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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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---
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{% include disclaimer.html translated="no" translationOutdated="no" %}
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### The Basics
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A special transaction where the recipient can only spend the funds after a future date, as set by the sender.
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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.
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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.
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