Tier Nolan <tier.no...@gmail.com> writes: > What are the use cases for relative lock time verify? I have 1 and I think > that is the kind of thing it is useful for. > > I think that most cases are just to guarantee that the other party has a > chance to react. This means that 8191 blocks should be more than enough > (and most would set it lower). > > For long term, the absolute version is just as good. That depends on use > cases. "You can't take step 4 until 3 months after step 3 has completed" > doesn't seem useful.
Lightning channels want them exactly like this to revoke old transactions, which could be ancient on long-lived channels. Cheers, Rusty. ------------------------------------------------------------------------------ _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
