Re: [Bitcoin-development] Question regarding transactions with NLOCKTIME > 0

2015-06-21 Thread Jeff Garzik
Yes, that is correct. The network will not relay until locktime reaches "maturity", i.e. it can be confirmed into a block. The wallet holds onto the transaction -- or simply does not generate -- until it can be confirmed. On Sun, Jun 21, 2015 at 5:11 AM, Braun Brelin wrote: > So, basically it

Re: [Bitcoin-development] Question regarding transactions with NLOCKTIME > 0

2015-06-21 Thread s7r
Hi, Well, depends on your model and what you want to achieve. That would depend on each wallet, I couldn't confirm nor deny that this is or isn't true. You have to check with your wallet how it handles transactions with nLockTime. Maybe you are the one who generates the nLockTime transaction, but

Re: [Bitcoin-development] Question regarding transactions with NLOCKTIME > 0

2015-06-21 Thread Braun Brelin
So, basically it sounds as though the wallet generating the transaction is what is responsible for holding on to the transaction and then only releasing it to the network when the NLOCKTIME value is less than or equal to the current time. Does that sound right? Braun On Sun, Jun 21, 2015 at 10:

Re: [Bitcoin-development] Question regarding transactions with NLOCKTIME > 0

2015-06-21 Thread s7r
Hi I don't think that a transaction with nLockTime>0 will be accepted by nodes / relayed in the Bitcoin network, until its time expires (e.g. nLockTime==now). This means it obviously cannot be stored in a block, before its locktime expires. nLockTime is designed in a way that you, need to keep it