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Note: parts II - IV are there as well. I delayed posting until I'd finished them all.
by RustyRussell 12y ago
Note: parts II - IV are there as well. I delayed posting until I'd finished them all.
- Nimi 11y agoThanks! I prob. missing something about [you're] "handing me your private keys to unlock that 1c output. Now if you ever released Transaction 1, I can spend both the outputs". What happens if you release transaction 1, then immediately release a transaction moving the funds away from that address? Seems like I have to be very vigilant and closely monitor the blockchain, fearing this will happen?
- RustyRussell 11y agoIt requires dual signatures. One party has them both, the other doesn't: the one without has to use the pre-signed 1-day-locktime transaction.