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Flash News List

List of Flash News about nLockTime

Time Details
2025-03-07
13:03
Understanding Bitcoin Timelocks and Their Role in Secure Transactions

According to @BitMEXResearch, Bitcoin Timelocks, such as CheckLockTimeVerify (CLTV), are mechanisms that restrict the spending of Bitcoin until a specific time or block height is reached. They utilize the nLockTime field in transactions to ensure that funds remain inaccessible until the predetermined condition is met, thereby preventing unauthorized access, including by new entities.

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