Hi, I've googled but cannot really figure out what "Locktime 537,366,974" means in UTXO. In what units is it? How many blocks do I need to wait to get a UTXO with such a locktime? Thanks
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555 sats \ 3 replies \ @south_korea_ln 12 Mar 2024
If the locktime number is 500,000,000 or greater, it is interpreted as a Unix timestamp (the number of seconds since January 1, 1970, UTC). This means the transaction can be included in the first block with a timestamp greater than or equal to the locktime value.
And to be complete, even though it does not apply to your example.
If the locktime number is less than 500,000,000, it is interpreted as a block height. This means the transaction can be included in the first block with a height greater than or equal to the locktime value.
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142 sats \ 0 replies \ @south_korea_ln 12 Mar 2024
And for calculation purposes:
- Convert the locktime Unix timestamp to a date and time.
- Determine the current block's timestamp.
- Calculate the difference in time between the locktime and the current block's time.
- Divide the time difference by the average block time (about 10 minutes) to get an approximate number of blocks you'll need to wait.
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0 sats \ 1 reply \ @Catcher OP 12 Mar 2024
Wow, thanks, so 537,366,974 is approximately 17 years after 1970 which means now there is no restrictions for the transaction to pass through?
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21 sats \ 0 replies \ @south_korea_ln 12 Mar 2024
Yeah, it looked like 1987 when i first calculated, so I edited it as I thought I maybe made a mistake... maybe there is a detail I am missing, but from the looks of it, it seems like there is no restriction indeed. I am no expert, so let's see if anyone more knowledgable shines in.
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0 sats \ 10 replies \ @1GLENCoop 12 Mar 2024
Care to share the TxID so we can take a look?
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21 sats \ 9 replies \ @Catcher OP 12 Mar 2024
I will dm you with 1 sat and transaction id not to leave it for everyone here
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0 sats \ 8 replies \ @1GLENCoop 12 Mar 2024
Smart. DM where? I didn't know SN had DMs.
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2 sats \ 7 replies \ @Catcher OP 12 Mar 2024
you will receive 1 sat with a comment in the payment, comment is a tx id. well, it's not really a dm also it's not really private, but it prevents all the people to see this here, which at least some kind of privacy)
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1 sat \ 1 reply \ @Catcher OP 12 Mar 2024
also @Alby needs to work on their browser extension as everytime i want to go to other tab and copy the text it closes the payment window and I need to start from the beginning)
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0 sats \ 0 replies \ @1GLENCoop 12 Mar 2024
Ah, yah, I see what you're saying there as well. That's a minor annoyance. Maybe they designed it that way on purpose? Probably not, could be changed so that the window doesn't disappear like that when tabs are switched. Maybe open a Pull Request on their github. https://github.com/getAlby/lightning-browser-extension
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0 sats \ 4 replies \ @1GLENCoop 12 Mar 2024 freebie
Got it. Took a while for the Alby notification to come thru for it... that's odd, but whatever...
I see the Tx. I see what you're sayin with the LockTime. Whoa. I poked around with Locktimes a while back, but never got very far with it. Was never able to figure out how to send an on-chain Tx with the Locktime populated. As I recall, I was able to broadcast a Tx with the Locktime value populated with a value, but was never able to get the Tx to become Confirmed on-chain. It was as if all of the miners ignored the Tx. I think it eventually got purged from the mempool. I see your Tx is at a relatively low fee rate. You may be in the same boat with it never getting confirmed.
I know it's possible to have on-chain Locktimes populated, I'm just not knowledgeable enough about how to do it, or who to poke to ask about it, sorry.
Thanks for sharing the TxID with me.
0 sats \ 0 replies \ @SaToSHiWoMaN 12 Mar 2024 outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.
0 sats \ 0 replies \ @SaToSHiWoMaN 12 Mar 2024 outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.