21 sats \ 0 replies \ @Majjin 8 Jul 2022 \ parent \ on: Mercury Wallet 0.7.5 bitcoin
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.