This could be easily "done".
It is like keeping only the unspent outputs.
The problem is the trust. How can you be sure that the ledger that is being sent to you is the correct one?
That is because all the blockchains with all the transactions and hashes is needed.
Best regards, ilpirata79
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Watching Star Trek Enterprise, season 1, in these days...
it's not bad,
ilpirata79
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After some research, I've found out that it can be done; it is not the easiest thing to do and it's not 100% safe: First way: 1) I sign a transaction that transfers the amount to a multi-sig address, redeemable by me and by another private key owned by the recipient; 2) I sign an incomplete transaction with the desired lock time that transfers the amount from the multi-sig address to the sole address owned by the recipient (or another). The recipient completes the transaction by signing it but does not broadcast it. 3) when the time has come the transaction is broadcasted by the recipient. The broadcast cannot be done before otherwise nodes may drop it because is too far in the future. This schema also works if the money is needed before (e.g. health issue). I and the recipient would just have to sign a new transaction that moves the bitcoins somewhere. There is the problem though, also pointed out by a previous poster, that the transaction format must not change meanwhile... Second way: Using an oracle. sources: https://en.bitcoin.it/wiki/Contracts (Example 4). Best regards, ilpirata79
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That has the problem that I can revoke the transaction when I want, by broadcasting a different transaction that has not the lock. What I want is for the money to be not spendable until the time has come... like I transfer the amount to a public key (the transaction gets into the block) whose script does not allow to spend the amount until a certain date has come. Best regards, ilpirata79
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lbaat.net releases a private key every hour, called a "timepoint secret". The timepoint secret keys are connected - the hash of next hour's private key is this hour's private key. By requesting a public key in the future, you can combine it with your own private key to create an address with no known private key. When lbaat releases the timepoint, it can be combined with your personal private key to release the coins. lbaat has no way of stealing the coins. ...and its my site How can you know the public key associated with a private key that is unknown until a certain time in the future? Best regards, ilpirata79
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It would suffice to be able to retrieve the block number the transaction spending the locked amount is in.
If the block number is above a certain threshold (set in the script) the transaction is valid and is accepted by miners.
Best regards, ilpirata79
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Hi everyone,
I would like to send an amount of bitcoins as a gift and I want to make sure that amount is not spendable until a certain date.
Is that possibile? With what clients?
Thanks, ilpirata79
Please, don't do that. I know you might have your reasons. But, unless this non-spendable restriction is revokable, if there's any unforeseen problems (like the urgent need of the money, e.g. to cover serious health urgencies) you (or the person "owning" it) will powerlessly see all that money locked. It will be cruel. Try to find another solution if possible. All the best. Yours is a valid point. I am pondering over it. Still looking for the answer though... Best regards, ilpirata79
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TESLA Model S Mercedes Class A
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Hi everyone,
I would like to send an amount of bitcoins as a gift and I want to make sure that amount is not spendable until a certain date.
Is that possibile? With what clients?
Thanks, ilpirata79
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watch breaking bad, if you haven't. forget the rest until you do.
best regards, ilpirata79
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Disponibile anche io se volete farlo...
Saluti, ilpirata79
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What about the miners we bougth?
Why aren't they mining anymore? Does someon know Ragin and can pay him a visit to ask?
Best regards, ilpirata79
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This August there will be 5 Fridays, 5 Saturdays and 5 Sundays. This only happens once every 800+ years.
You know that this is not true, right? Every month with 31 days has 3 days of the week that repeat 5 times. It's not big deal. Happens in average once a year to have a month with 5 entire weekends. Best regards, ilpirata79
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Are they gonna keep a part of bitcoins they receive or are they going to dump them all for $$?
I assume the latter... just a retoric question.
ilpirata79
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Did the ragin scum bag run away with the money??
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1. Breaking bad 2. Games of thrones 3. Lost 4. Gomorra - La serie 5. Prison break 6. Spartacus
Useless shows: friends, how I met your mother, soprano, walking deads
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So, I was right to think that we must wait for further instructions... I asked because in these legal matters you never know what you have/should do. In any case I don't want to hire a lawyer and spend other money and time. Are you going to hire it? I am from Italy.
Best regards, ilpirata79
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What do we have to do as defrauded mtgox customer to get something back from the bankruptcy process?
Thanks, ilpirata79
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