arno/bitcoinbook
1
0
Fork 0
mirror of https://github.com/bitcoinbook/bitcoinbook synced 2024-11-27 02:18:25 +00:00
Code Issues Releases Wiki Activity

Merge pull request #774 from ffilozov/ch07_fix1

Browse Source 
Added missing word.
This commit is contained in:
Will Binns 2021-02-20 12:53:50 +00:00 committed by GitHub
commit 06588b50d1
No known key found for this signature in database
GPG Key ID: 4AEE18F83AFDEB23
1 changed files with 1 additions and 1 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

2
ch07.asciidoc
View File

@ -359,7 +359,7 @@ The original meaning of +nSequence+ was never properly implemented and the value
===== nSequence as a consensus-enforced relative timelock ===== nSequence as a consensus-enforced relative timelock
Since the activation of BIP-68, new consensus rules apply for any transaction containing an input whose +nSequence+ value is less than 2^31^ (bit 1<<31 is not set). Programmatically, that means that if the most significant (bit 1<<31) is not set, it is a flag that means "relative locktime." Otherwise (bit 1<<31 set), the +nSequence+ value is reserved for other uses such as enabling +CHECKLOCKTIMEVERIFY+, +nLocktime+, Opt-In-Replace-By-Fee, and other future developments. Since the activation of BIP-68, new consensus rules apply for any transaction containing an input whose +nSequence+ value is less than 2^31^ (bit 1<<31 is not set). Programmatically, that means that if the most significant bit (bit 1<<31) is not set, it is a flag that means "relative locktime." Otherwise (bit 1<<31 set), the +nSequence+ value is reserved for other uses such as enabling +CHECKLOCKTIMEVERIFY+, +nLocktime+, Opt-In-Replace-By-Fee, and other future developments.
Transaction inputs with +nSequence+ values less than 2^31^ are interpreted as having a relative timelock. Such a transaction is only valid once the input has aged by the relative timelock amount. For example, a transaction with one input with an +nSequence+ relative timelock of 30 blocks is only valid when at least 30 blocks have elapsed from the time the UTXO referenced in the input was mined. Since +nSequence+ is a per-input field, a transaction may contain any number of timelocked inputs, all of which must have sufficiently aged for the transaction to be valid. A transaction can include both timelocked inputs (+nSequence+ < 2^31^) and inputs without a relative timelock (+nSequence+ >= 2^31^). Transaction inputs with +nSequence+ values less than 2^31^ are interpreted as having a relative timelock. Such a transaction is only valid once the input has aged by the relative timelock amount. For example, a transaction with one input with an +nSequence+ relative timelock of 30 blocks is only valid when at least 30 blocks have elapsed from the time the UTXO referenced in the input was mined. Since +nSequence+ is a per-input field, a transaction may contain any number of timelocked inputs, all of which must have sufficiently aged for the transaction to be valid. A transaction can include both timelocked inputs (+nSequence+ < 2^31^) and inputs without a relative timelock (+nSequence+ >= 2^31^).