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0 sats \ 0 replies \ @super_testnet OP 29 Jan 2023 \ parent \ on: Answering Objections to Drivechain bitcoin
I'm not sure. Under what circumstances would you want to have a timelock that miners can vote to lengthen? Maybe it could be useful in a vault scenario, where you have your coins in cold storage, but if a thief gets ahold of your private keys, you get time to notice the withdrawal attempt and petition miners to let you withdraw your coins instead (and pause the thief's withdrawal attempt).