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Home Bitcoin

blockchain – Is it possible to lock Bitcoin funds and have them automatically unlocked after a specified time without a second transaction?

Moussa by Moussa
October 18, 2024
in Bitcoin
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peer discovery – how to obtain the IP addresses of nodes for mining pools?
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Context:
I am looking for a method in Bitcoin where I can lock my funds for a certain period and have them automatically unlocked after the specified time passes. In most time-locked transactions, such as HTLCs, a second transaction is required to either claim or refund the funds. I’m interested in exploring whether there is a way to automate the unlocking process without the need for an additional transaction.

Question:
Is there any existing method or script in Bitcoin that allows funds to be locked for a certain time and then automatically unlocked without requiring a second transaction for the refund? If not, are there any alternatives or workarounds to achieve this functionality in Bitcoin?



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