Hello Bitcoiner, I would like ask for those people have knowledge about technical of Bitcoin specially on lock time.
I have interested for lock time transactoin. Yes I did reseach and got 2 different source.
1. https://www.youtube.com/watch?v=xXGuDkmEicM
This Video explain about how to lock transaction (It's looking like using third) see on 7:25 . We should pay to address "3Bfhey" (who is address) does that is address generated by system and will be work automatically ? If we should be pay to address "3Bfhey" that's mean our money is hold by "3Bfhey" will be redeemed based of the time unlock reached.
2. https://www.youtube.com/watch?v=eBqC2IIbnQA&t
This video explain about how to lock bitcoin and spend it. But I didn't see where the bitcoin go(I mean like address shown on video 1.)
Can anyone give a time to given an explain please.
Does number 1 and 2 are different utility ?