Bitcoin Forum

Bitcoin => Development & Technical Discussion => Topic started by: dafunkizdiz on July 12, 2018, 09:43:45 PM



Title: Timelocked transactions?
Post by: dafunkizdiz on July 12, 2018, 09:43:45 PM
Is anyone using timelocked transactions? How? And why? Seems like a feature that was introduced in Bitcoin for no reason.


Title: Re: Timelocked transactions?
Post by: Zin-Zang on July 13, 2018, 05:10:49 AM
Is anyone using timelocked transactions? How? And why? Seems like a feature that was introduced in Bitcoin for no reason.


Lightning network requires timelocked transactions.



Title: Re: Timelocked transactions?
Post by: Herbert2020 on July 13, 2018, 05:27:54 AM
Seems like a feature that was introduced in Bitcoin for no reason.

so you don't know the use case of TimeLock and you don't even use google search, but your first conclusion is that "it was added for no reason"!!! that's not normal human behavior!

here is the first result for searching "bitcoin timelock transaction" keyword on google: https://en.bitcoin.it/wiki/Timelock it explains where it is used and why it was added to bitcoin.