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| layout | entry | terms | summary | |
|---|---|---|---|---|
| moneropedia | Transaction Unlock Time |
|
a special transaction where the recipient can only spend the funds after a future date, as set by the sender |
The Basics
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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.
Note that this works differently than Bitcoin's nLockTime, in which the transaction is not valid until the given time.