drgo on Nostr: The downside to 2) is this: the time representation for locking utxos is only 16 ...
The downside to 2) is this: the time representation for locking utxos is only 16 bits, allowing 65535 blocks of locktime or 65535*512 seconds of lock time. These are both a bit over 1 year. Requires nearly annual updating on chain, which will cost money.
1) can be free and can be locked for decades or more.
Published at
2024-11-25 01:43:26Event JSON
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"content": "The downside to 2) is this: the time representation for locking utxos is only 16 bits, allowing 65535 blocks of locktime or 65535*512 seconds of lock time. These are both a bit over 1 year. Requires nearly annual updating on chain, which will cost money.\n\n1) can be free and can be locked for decades or more.",
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