nerd2ninja; 🥪 on Nostr: No. When you send to a Bitcoin address, you actually lock that Bitcoin to a script. ...
No. When you send to a Bitcoin address, you actually lock that Bitcoin to a script. They're saying in Liana, you can lock Bitcoin to a single sig and multi-sig script. The single sig starts off invalid because it has a timelock applied to it in the script.
So it's not quite accurate to say it degrades into a single sig, because the multi-sig path is still valid, its just that you can also spend this single-sig path after the timelock.
Published at
2025-03-02 15:36:27Event JSON
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"pubkey": "834c0b53c8b33e0ad50fc4524e11f0506ac64fed2be7629e69512c9d2da74369",
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"content": "No. When you send to a Bitcoin address, you actually lock that Bitcoin to a script. They're saying in Liana, you can lock Bitcoin to a single sig and multi-sig script. The single sig starts off invalid because it has a timelock applied to it in the script.\n\nSo it's not quite accurate to say it degrades into a single sig, because the multi-sig path is still valid, its just that you can also spend this single-sig path after the timelock.",
"sig": "8b39ca4f9a20ce6a21176cc1c358cb4fb1435851bd07cc96d7213c217eb2ce1f7a7266ec754afdb0bd2bdfe33e7e95f9b7abd1c16e30ae0335861c38018a6f15"
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