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0 sats \ 1 reply \ @0xbitcoiner OP 10 Jul \ parent \ on: Exploring Extended Relative Timelocks bitcoin
Wait, if that’s how it works, then I’m not getting the idea behind timelocks extend. Mind explaining what I’m missing?
i think pyth is talking about extending relative timelocks (using the nSequence field, CSV). these timelocks are called relative timelocks and are different than CLTV timelocks because they are relative to the block when the utxo encumbered by them gets mined. A CLTV timelock references an absolute blockheight or UNIX time.
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