Hey! Sorry about the delay!
Yes so the idea is to artificially plant coins into the future via Timelock addresses.
The Timelock addresses are unlocked after a certain blockheight.
The miners and everyone else already have the private key…
So essentially whoever mines the block can pay themselves by including this transaction from the timelocked address to pay to themselves.
(Timelock addresses are created by giving a specific public key and a blockheight)…
The public key that they’re locked with, corresponds to the private key I shared!
Does that make more sense?
Happy to clarify either way 🤙 thanks!
michaeldunworth / Michael Dunworth
npub1n4…l25h6
2023-10-17 05:47:32
in reply to nevent1q…7s2a
Author Public Key
npub1n40lpgkc2gzvgr22cfamy6ymax225xe0707gfugle9rukx50k3lqvl25h6Published at
2023-10-17 05:47:32Event JSON
{
"id": "1f1d00cc25db04acb5c070c4dd13745696796f4d811d3caa83b1fbbd1172a82f",
"pubkey": "9d5ff0a2d85204c40d4ac27bb2689be994aa1b2ff3fc84f11fc947cb1a8fb47e",
"created_at": 1697521652,
"kind": 1,
"tags": [
[
"e",
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],
[
"p",
"6fda5bce2882176bfbabfab503a1b5281329582d71c4be84bbb567e65c1a791f"
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],
"content": "Hey! Sorry about the delay!\n\nYes so the idea is to artificially plant coins into the future via Timelock addresses.\n\nThe Timelock addresses are unlocked after a certain blockheight.\n\nThe miners and everyone else already have the private key…\n\nSo essentially whoever mines the block can pay themselves by including this transaction from the timelocked address to pay to themselves.\n\n(Timelock addresses are created by giving a specific public key and a blockheight)…\n\nThe public key that they’re locked with, corresponds to the private key I shared!\n\nDoes that make more sense?\n\nHappy to clarify either way 🤙 thanks!",
"sig": "e674272b028c8c01eab804c95f260b1bf487035cd3f6d95e13f3a208a576eba4f766caea73f925fc70bb00057527ef2802ef3d175c3b990fd42845aff0a7613e"
}