0 sats \ 1 reply \ @jeff 7 Jul 2022 \ parent \ on: Mercury Wallet 0.7.5 bitcoin
When is the backup deadline set? Upon instantiation? Or upon each transfer?
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21 sats \ 0 replies \ @Majjin 8 Jul 2022
I believe its both. When you instantiate a new UTXO with Mercury, a backup transaction is created with the time lock built in. Every time the UTXO is transferred, a new backup transaction is created for the new owner with a time lock that expires sooner than that of the previous owner.
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