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Replying to Avatar Michael Dunworth

Hey! Sorry about the delay!

Yes so the idea is to artificially plant coins into the future via Timelock addresses.

The Timelock addresses are unlocked after a certain blockheight.

The miners and everyone else already have the private key…

So essentially whoever mines the block can pay themselves by including this transaction from the timelocked address to pay to themselves.

(Timelock addresses are created by giving a specific public key and a blockheight)…

The public key that they’re locked with, corresponds to the private key I shared!

Does that make more sense?

Happy to clarify either way 🤙 thanks!

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Michael Dunworth 2y ago

And here’s the transactions for the work that’s already completed.

Shows how much, the public key, the utxo, etc…

😊

https://docs.google.com/spreadsheets/d/1WUEoOG3ihfSgkN6S061UMIEoNU-8rMTvPMyjVQ2n57A/edit

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Jen 2y ago

Enable you zaps sir!

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Michael Dunworth 2y ago

Haha I think I have now! No need to zap though!!! ⚡️

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Bryan 2y ago

Thx Michael. I have enjoyed your recent podcast appearances.

🫂

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Michael Dunworth 2y ago

No worries at all, and appreciate you having a listen 🙏 Thanks you!

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