I think the idea is to time lock a utxo for a certain block height long into the future using a vault like op code. Then you broadcast the private key. Whichever miner finds that block will be able to spend that utxo to themselves.

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So they would create the spend transaction which shows the UTXO (that everybody has access to) being sent to their account/address. Such that when the block is mined, the spend was already included.

Makes sense. Thx for explaining.

I love the idea.