Time locked address

[breezyu]

Can anybody help me out? I want to make a paper wallet but with a time locked wallet/address on it on coinb.in https://coinb.in/#newTimeLocked

How does this work?

[1715085288]

1715085288

[1715085288]

1715085288

[vv181]

It's a bitcoin address which the fund can be spendable if a specific date or block height has set or passed. So for example, if you set the date is 2/12/2017 the bitcoin on your address can't be spent until the date you specify.

[breezyu]

Yeah well how do i create it.. i knew that.

[AdolfinWolf]

Yeah well how do i create it.. i knew that.

Simply put your public key into the generator ( you should run this offline by the way ).

Your public key will look like this

Code:

0450863AD64A87AE8A2FE83C1AF1A8403CB53F53E486D8511DAD8A04887E5B23522CD470243453A299FA9E77237716103ABC11A1DF38855ED6F2EE187E9C582BA6

Then set a time or block, and generate it.

[TryNinja]

I made a post some time ago explaining how to create a Time Locked Address (and spend your coins) with Coinbin. Check it out:

You can use Coinbin to do that. I had one a few months ago and it's quite easy to create/spend your coins after the chosen period.

To create the Time Locked Address:
1. Go to Coinb.in;
2. New -> Time Locked Address.
3. Enter your address public key (the one you require to sign the transaction and be able to spend the coins);
4. Enter the date-time or blockheight you want to release the coins.
5. Submit and save the Redeem Script (don't lose that or you won't be able to spend your coins in the future);
6. Send the coins you want to keep locked to the Address generated.

After the chosen period, you will be able to spend your coins.
1. Go to Coinb.in;
2. New -> Transaction;
3. Paste your Redeem Script and click Load (it's going to show every input available to be spent);
4. Paste the address you want to send the coins to at the "Address" field and the amount in the "Amount" field. The remaining funds will be used as fee. E.g: If your address has 0.015BTC, you can put 0.014BTC in the
"Amount" field and the fee will be 0.001BTC (0.015 - 0.014);
5. Submit and copy the raw transaction;
6. Go to the "Sign" tab (at Coinb.in);
7. Paste the private key from the address you choose when creating the Time Locked Address.
8. Paste the raw transaction you just created.
9. Submit, copy the signed transaction and push it to the network (you can do it in the Broadcast tab).
10. Transaction sent!