Bitcoin Forum
November 22, 2017, 05:26:10 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
   Home   Help Search Donate Login Register  
Pages: [1]
Author Topic: Implementation of contracts and nLockTime  (Read 498 times)
Jr. Member
Offline Offline

Activity: 44

View Profile
April 09, 2013, 10:43:50 PM

Are there any real-world (or experimental) implementations of Bitcoin contracts that make use of the nLockTime field, as outlined in ?

As of four months ago, there did not seem to be any, although the discussion in this thread was very valuable:

And, finally, do I understand the following correctly:
Transactions with an nLockTime set (far) into the future might get dropped from the memory pool of all Bitcoin network nodes, which means that it is insufficient to rely solely on the Bitcoin network for persistence of locked transactions and you have to refresh the transaction from time to time from outside the Bitcoin network?
Can anyone speculate on what would be the average lifetime of a locked transaction under current circumstances in the network?

Hero Member
Offline Offline

Posts: 1511371570

View Profile Personal Message (Offline)

Reply with quote  #2

Report to moderator
If you want to be a moderator, report many posts with accuracy. You will be noticed.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Offline Offline

Activity: 2338

View Profile
April 10, 2013, 09:37:17 AM

There has been some experimentation with them— but not contract usage. Due to some attack usage we actually will not relay (or mempool) locked transactions at all right now.

Bitcoin will not be compromised
Pages: [1]
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!