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Edited ch07_authorization-authentication.adoc with Atlas code editor

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clenser 2023-10-19 11:22:56 +00:00
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ch07_authorization-authentication.adoc
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@ -754,7 +754,7 @@ transaction((("scripts", "OP_RETURN", startref="script-op-return")))((("OP_RETUR
[[lock_time_limitations]]
==== Transaction Lock Time Limitations
Use of the ((("transactions", "timelocks", "limitations of")))((("timelocks", "limitations of")))((("lock time", "limitations of")))lock time allows a spender to restrict a transaction from
Use of the ((("transactions", "timelocks", "limitations of")))((("timelocks", "limitations of")))((("lock time", "limitations of")))((("scripts", "timelocks", "limitations of")))lock time allows a spender to restrict a transaction from
being included in a block until a specific block height, but it does not
prevent spending the funds in another transaction earlier than that.
Let's explain that with the following example.
@ -773,7 +773,7 @@ It is important to understand the limitations of transaction lock time. The only
==== Check Lock Time Verify (OP_CLTV)
In ((("transactions", "timelocks", "verifying", id="transaction-timelock-op-cltv")))((("timelocks", "verifying", id="timelock-op-cltv")))((("lock time", "verifying", id="lock-time-op-cltv")))((("OP_CLTV script operator", id="op-cltv")))((("verifying", "lock time", id="verify-lock-time")))December 2015, a new form of
In ((("transactions", "timelocks", "verifying", id="transaction-timelock-op-cltv")))((("timelocks", "verifying", id="timelock-op-cltv")))((("lock time", "verifying", id="lock-time-op-cltv")))((("OP_CLTV script operator", id="op-cltv")))((("verifying", "lock time", id="verify-lock-time")))((("scripts", "timelocks", "verifying", id="script-timelock-verify")))December 2015, a new form of
timelock was introduced to Bitcoin as a soft fork upgrade. Based on a
specification in BIP65, a new script operator called
_OP_CHECKLOCKTIMEVERIFY_ (_CLTV_) was added to the scripting language.
@ -880,7 +880,7 @@ By introducing timelock functionality directly into the scripting
language, +OP_CLTV+ allows us to develop some very interesting complex
scripts.
The standard((("transactions", "timelocks", "verifying", startref="transaction-timelock-op-cltv")))((("timelocks", "verifying", startref="timelock-op-cltv")))((("lock time", "verifying", startref="lock-time-op-cltv")))((("OP_CLTV script operator", startref="op-cltv")))((("verifying", "lock time", startref="verify-lock-time"))) is defined in
The standard((("transactions", "timelocks", "verifying", startref="transaction-timelock-op-cltv")))((("timelocks", "verifying", startref="timelock-op-cltv")))((("lock time", "verifying", startref="lock-time-op-cltv")))((("OP_CLTV script operator", startref="op-cltv")))((("verifying", "lock time", startref="verify-lock-time")))((("scripts", "timelocks", "verifying", startref="script-timelock-verify"))) is defined in
https://oreil.ly/YmJGD[BIP65
(OP_CHECKLOCKTIMEVERIFY)].