2 ms·
How are you doing time-lock encryption in this instance? Is it based off of a separate blockchain contract or is it one of the more traditional methods?
by danShumway 4y ago
How are you doing time-lock encryption in this instance? Is it based off of a separate blockchain contract or is it one of the more traditional methods?
- ccamrobertson 4y agoOP_CHECKLOCKTIMEVERIFY in the multisig.
- godelski 4y agoBut why time lock it?
- ccamrobertson 4y agoThe time lock lets you optimistically circulate the note prior to the expiration date as even if previous holders know the user key they cannot use it to claim the Bitcoin alone.
- dgrove 4y agoSure, so you add it as part of the P2MS script but that doesn't solve the issue of every re-key costing money