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MasterQ (OP)
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January 29, 2018, 04:42:04 PM
Merited by DannyHamilton (2), achow101 (1)
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Can someone please explain how I can use OP_CHECKLOCKTIMEVERIFY or OP_HODL to lock funds until block 600000? I have been searching for a newb friendly script but the only ones I have come across is for nLocktime
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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January 30, 2018, 12:59:00 PM
Merited by DannyHamilton (2), achow101 (1)
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You can get some explanations here with script example: https://github.com/bitcoinbook/bitcoinbook/blob/second_edition/ch07.asciidoc#timelocks.
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January 30, 2018, 01:25:06 PM
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Quote from: mvrcrypto on January 30, 2018, 12:59:00 PM
You can get some explanations here with script example: https://github.com/bitcoinbook/bitcoinbook/blob/second_edition/ch07.asciidoc#timelocks.
Thanks I was looking at that earlier. I am now trying to figure out how to make a transaction like that though. I'm looking for a newb friendly step by step guide.
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