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Questions tagged [transaction-unlock-time]

A special transaction where the recipient can only spend the funds after a future date, as set by the sender.

3
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1answer
55 views

What is the concept of Refund Transactions from the MRL?

I am searching for more information on the concept of refund transactions. I found that the MRL is working on a paper on the topic (source). Would this be something that will be used in channel ...
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0answers
121 views

Why is the mining reward lock time set to 60 blocks?

What is the rational behind the mining reward lock time constant having been set to 60 blocks?
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1answer
88 views

Is there a coin time lock ability in Monero like the one in Bitcoin? [duplicate]

Is there a way to lock my Monero coins for X amount of time into the future? Like how bitcoin has a time lock feature on coins? I want to be able to just put some away and not ever use it until X ...
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0answers
36 views

It's been month for my transaction still not credited.? [duplicate]

Here is my Tx hash details could you please tell me what is wrong with this transaction.? Tx hash: 56e5b0b467e55e137059de0278e2798153123b378d8c628bb5be47fce374f531 Block: 1475966 Timestamp [UTC]: ...
3
votes
2answers
467 views

Will we eventually get rid of “locked” and “unlocked” balances?

My biggest eyesore of Monero which would definitely prevent mass adoption (and adoption by big stores) is that I can only send a single transaction every 20 minutes. Once a transaction is sent, the ...
1
vote
1answer
168 views

Transfers from 3 days ago still “locked” in Monero GUI wallet

Two 100 XMR transfers from Poloniex to my Monero GUI wallet (Windows 64) were still locked after 2 days, and rebooting. Day 3, still locked, I shut it down, turned it on again, and now unlocked. Any ...
5
votes
1answer
372 views

Is the 10-block lock time a protocol rule? What rules accompany it?

Every Monero transaction consumes old outputs (used as inputs to the transaction) and creates new outputs. The new outputs are locked for 10 blocks before they can be spent. A. Is this a wallet ...
5
votes
1answer
237 views

Why are coinbase transactions locked for 60 blocks?

"Normal" transactions are locked for 10 blocks to prevent invalid outputs from being used in ring signatures. Why are coinbase transactions (mined coins) locked longer? Are there additional risks ...
3
votes
2answers
606 views

How long are mining rewards locked on testnet?

I started a Monero testnet daemon this morning, and started mining to get a few testnet coins. Meanwhile, after mining 13 blocks, my wallet says: Balance: 167.583046443332, unlocked balance: 0....
3
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1answer
114 views

Protecting myself from myself

Assume that I want to hold all the Monero I currently own for at least a certain period of time but lack the discipline to stop myself from trading. As a horrible trader I want to take control away ...
6
votes
1answer
307 views

How do I split my wallet into smaller denominations?

Suppose I have only a single 100 XMR output denomination for my address. How can I split this up, so that when I want to make a 5 XMR transfer, only a subset of my 100 XMR will be locked for about 20 ...
2
votes
1answer
256 views

My wallet rpc server's balance doesn't update

Pool admin here, I have the money, and I've waited 30 blocks and it says its not unlocked yet along with the rpc server not updating its balance. Should I just wait or is something wrong. 2016-11-10 ...
7
votes
1answer
73 views

If I need to send a bunch of transactions, how can I stop the wallet from using my entire balance as change during the first transaction?

Say I want to send a number of payments. Sometimes the wallet will use up my entire balance with change just to send some small amount, and this stops me from being able to send additional payments ...
3
votes
2answers
106 views

What would be reasons to further increase block time? [closed]

I saw in the discussion on the previous increase in block time that some people were suggesting 4 minutes. What would be good reasons to further increase block time in the future? Are there scenarios ...
6
votes
1answer
336 views

How to use unlock_time?

I have just seen that there are some questions here about the unlock_time feature. I never heard about the fact that Monero had something like that enabled, so I was trying to find out more about it, ...
5
votes
1answer
211 views

Is it possible to remove unlock_time for a transaction?

Is there any way to remove unlock_time for a sent transaction?
7
votes
1answer
302 views

Will unlock_time lock sender wallet balance?

I sent some transfers between two of my wallets yesterday with unlock_time about a month in the future. The incoming transfers show up in the new wallet as expected with the correct unlock time. What ...
5
votes
1answer
92 views

Danger of using a very long unlock time

The answer to this question says transactions with an unlock_time are mined right away but outputs will not be able to be used as inputs in another transaction until the unlock_time is met. Based on ...
11
votes
2answers
145 views

Provably burning Monero

Is it possible to provably burn Monero? Does its use mandatory ring signatures and stealth addressing make proving that Monero was sent to a "burn address" impossible to verify? If proof of burn is ...
5
votes
1answer
176 views

How exactly does “unlock_time” work?

Monero transactions have something called "unlock time", that prevent transactions from being spent until a certain time in the future. I'm wondering how exactly that works. Can a transaction with a "...
8
votes
3answers
93 views

What are some use cases for setting a transaction unlock time?

When I send a transaction to someone and it is mined by the network the Monero transaction becomes irreversible. Within the contest of irreversible transactions what benefit would I as a sender have ...
20
votes
1answer
314 views

Does Monero offer an equivalent of Check Lock Time Verify transactions?

Does Monero offer an equivalent of Check Lock Time Verify (CLTV) transactions? If not are there any major CryptoNote or RingCT specific obstacles that would prevent such a feature from being added in ...