Zooko Wilcox-OHearn [ARCHIVE] on Nostr: 📅 Original date posted:2015-03-19 📝 Original message:I'm in favor of relative ...
📅 Original date posted:2015-03-19
📝 Original message:I'm in favor of relative CHECKLOCKTIMEVERIFY, but I don't have a very
specific reason. I just have a vague worry that there can be "race
conditions" in which a txn with an absolute CHECKLOCKTIMEVERIFY goes
into the blockchain later than one of its signers expected that it
would, and therefore there is a surprisingly short delay between that
transaction going into the blockchain and becoming spendable.
This worry of mine is assuaged by using relative CHECKLOCKTIMEVERIFY instead.
Regards,
Zooko
Published at
2023-06-07 15:32:09Event JSON
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"content": "📅 Original date posted:2015-03-19\n📝 Original message:I'm in favor of relative CHECKLOCKTIMEVERIFY, but I don't have a very\nspecific reason. I just have a vague worry that there can be \"race\nconditions\" in which a txn with an absolute CHECKLOCKTIMEVERIFY goes\ninto the blockchain later than one of its signers expected that it\nwould, and therefore there is a surprisingly short delay between that\ntransaction going into the blockchain and becoming spendable.\n\nThis worry of mine is assuaged by using relative CHECKLOCKTIMEVERIFY instead.\n\nRegards,\n\nZooko",
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