Howto: Creating a delayed bitcoin transaction

[voileipa]

The steps to create a delayed bitcoin transaction:

http://blog.coincreator.net/jekyll/update/2015/03/07/delayed_transaction.html

[EcuaMobi]

The steps to create a delayed bitcoin transaction:

http://blog.coincreator.net/jekyll/update/2015/03/07/delayed_transaction.html

I see this is to "authorize" destination address to broadcast the transaction where the coins are sent to him.

There's no way to automate that, is it? I mean in the  bitcoin protocol itself. Of course such a service could be developed.

[voileipa]

The steps to create a delayed bitcoin transaction:

http://blog.coincreator.net/jekyll/update/2015/03/07/delayed_transaction.html

I see this is to "authorize" destination address to broadcast the transaction where the coins are sent to him.

There's no way to automate that, is it? I mean in the  bitcoin protocol itself. Of course such a service could be developed.

Yeah. The "owner" of the destination address must broadcast the transaction.

[dansmith]

Kudos for this howto: very easy to follow.

[Samperio]

Ingenous stuff, sounds like private detective stuff.

Now for me it's rather academic, surely one time or another I will find a way to leverage this clever
method.

S.

[speedy1987]

You can create a delayed bitcoin transaction quite simply.
Don´t pay trancastion fee. 

[voileipa]

You can create a delayed bitcoin transaction quite simply.
Don´t pay trancastion fee. 

Haha.

Broadcast and pray.

[coinableS]

You can create a delayed bitcoin transaction quite simply.
Don´t pay trancastion fee. 

LOL funny and true.
When I first got started in 2013 I sent a dust amount like 0.00001 with no tx fee. (yea I didn't know what I was doing) It took over a month before it's first confirmation.

[EcuaMobi]

You can create a delayed bitcoin transaction quite simply.
Don´t pay trancastion fee. 

LOL funny and true.
When I first got started in 2013 I sent a dust amount like 0.00001 with no tx fee. (yea I didn't know what I was doing) It took over a month before it's first confirmation.

Is that even possible? I thought transactions were reverted if no miner included it on a block in a few days.

[Possum577]

Forgive the newb question here, why would you want to delay the transaction?

Is this a precursor to timed or automatic payments or transactions?

[EcuaMobi]

Forgive the newb question here, why would you want to delay the transaction?

Is this a precursor to timed or automatic payments or transactions?

To force yourself to save maybe, or to fulfill a will.

It's not really exactly timed nor automatic.
It's fixed to a block number so you can estimate a date and time but it wouldn't be exact at all, only approximate.
And it's not automatic, you need to store the the signed transaction and then manually broadcast after the target block.

However a service could be created where you can send the signed transaction and it would automatically broadcast when the time has come.

[Possum577]

Forgive the newb question here, why would you want to delay the transaction?

Is this a precursor to timed or automatic payments or transactions?

To force yourself to save maybe, or to fulfill a will.

It's not really exactly timed nor automatic.
It's fixed to a block number so you can estimate a date and time but it wouldn't be exact at all, only approximate.
And it's not automatic, you need to store the the signed transaction and then manually broadcast after the target block.

However a service could be created where you can send the signed transaction and it would automatically broadcast when the time has come.

This would be perfect for annuities, structured settlements (from lawsuits and such), trust payments, bill payments, payroll processing...wow, lots of options. Thanks for educating me.

[ikydesu]

The steps to create a delayed bitcoin transaction:

http://blog.coincreator.net/jekyll/update/2015/03/07/delayed_transaction.html

Warning!!! You can lose bitcoins.
Too risky, the step is too much, "Send 0.1 BTC to address ADDRESS1" its so big amount

You can create a delayed bitcoin transaction quite simply.
Don´t pay trancastion fee.  

Agree. This is the easiest way to create delaye bitcoin trasaction lol


~iki

[voileipa]

The steps to create a delayed bitcoin transaction:

http://blog.coincreator.net/jekyll/update/2015/03/07/delayed_transaction.html

Warning!!! You can lose bitcoins.
Too risky, the step is too much, "Send 0.1 BTC to address ADDRESS1" its so big amount

~iki

I guess the "risk" lies more on the side of "creating a raw transaction in command line" rather than in the "delayed transaction" concept itself.

[S4VV4S]

You can create a delayed bitcoin transaction quite simply.
Don´t pay trancastion fee. 

^^^ This.
No need for other methods