Why Nostr? What is Njump?
2025-06-04 21:32:04
in reply to

mike on Nostr: Yes, Timelocked contracts would work here. However, if the borrower failed to repay ...

Yes, Timelocked contracts would work here.

However, if the borrower failed to repay the loan, the coins would be unlocked in any case, so the lender would need some form of additional collateral.
Author Public Key
npub1aqakd28d95muqlg6h6nwrvqq5925n354prayckr424k49vzjds4s0c237n