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645 B
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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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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, in which the transaction is not valid until the given time.