Questions tagged [checklocktimeverify]

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10
votes
3answers
2k views

Why is OP_CHECKLOCKTIMEVERIFY disabled by maximum sequence number?

In the code for OP_CHECKLOCKTIMEVERIFY i noticed that if the txin sequence number is maxxed out then the script will fail to validate. I'm wondering what the point of this is? Why would anybody ever ...
5
votes
1answer
585 views

Sequence number semantics

Reading the following BIPs: 68, 112, 125, I got a few questions about the sematics of sequence numbers. As far as I understood, in version 1 transactions, sequence numbers have the following meaning: ...
1
vote
1answer
41 views

Using CLTV can I freeze some funds from a wallet, and make them available, in a single transaction?

For my scenarios, I want freeze some funds from my wallet for some given time/block and then make that amount spendable in a single transaction. As I understand so far, I can do it using 2 ...