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To answer the question: What does the timeDelay value represent? How can I e.g. lock the funds for 2 blocks? Please see the following example using bitcoinjs: let bip68 = require('bip68') bip68.encode({ blocks: 54 }) // => 0x00000036 bip68.encode({ blocks: 200 }) // => 0x000000c8 Also, see the link below:

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