On Fri, Nov 13, 2015 at 9:48 PM, xor via bitcoin-dev <[email protected]> wrote: > BIP65 [1] says this: >> Motivation >> [...] >> However, the nLockTime field can't prove that it is impossible to spend a >> transaction output until some time in the future, as there is no way to >> know if a valid signature for a different transaction spending that output >> has been created. > > I'd interpret "can't prove that it is impossible to spend" = cannot be used > for freezing funds. > > Then later, at "Motivation", it says: >> Freezing Funds >> >> In addition to using cold storage, hardware wallets, and P2SH multisig >> outputs to control funds, now funds can be frozen in UTXOs directly on the >> blockchain. > > This clearly says that funds can be frozen. > Can the BIP65-thing be used to freeze funds or can it not be? > > Notice: I am by no means someone who is able to read Bitcoin script. I'm > rather an end user. So maybe I'm misinterpreting the document? > I'm nevertheless trying to provide a "neutral" review from an outsider who's > trying to understand whats new in 0.11.2. > You may want to discard my opinion if you think that BIP65 is aimed at an > audience with more experience.
The first text is explaining nlocktime without BIP65 in order to explain the reason for having BIP65. _______________________________________________ bitcoin-dev mailing list [email protected] https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
