Ladvanced
5 min read
Locktime
A field in Bitcoin transactions that prevents spending before a certain block height or UNIX timestamp.
transactionscriptingadvanced
What is Locktime?
A field in Bitcoin transactions that prevents spending before a certain block height or UNIX timestamp.
Why It Matters
Understanding Locktime is essential for anyone serious about Bitcoin. This concept forms a key building block of how Bitcoin works and why it's valuable.
Key Points
- This is a core Bitcoin concept at the advanced level
- Related to: transaction, scripting, advanced
- Estimated reading time: 5 minutes
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