unlocktime.md

terms: ["unlock-time", "tempo-di-sblocco"]
summary: "a special transaction where the recipient can only spend the funds after a future date, as set by the sender"

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The Basics

A special transaction where the recipient can only spend the funds after a future date, as set by the sender.

Unlock time allows you to send a transaction to someone, such that they can not spend it until after a certain number of blocks, or until a certain time.

Note that this works differently than Bitcoin's nLockTime, in which the transaction is not valid until the given time.