Some of us a sober psychopaths, mkayyyy?
I just redeemed all my points at the dispensary, and it may be a while before we return to the regular programming
#weedstr
We don’t all have the same origin story
Can’t believe this information is free
nostr:note15zu4u6hklc42ltauf4ftsn3hgg0uuxupg7aphwk8zty4a049nllqd6f2pn
From perplexity ai app
Certainly! Setting up a time lock in a multi-signature wallet involves using Bitcoin's scripting capabilities to enforce conditions under which funds can be spent. Here’s a more detailed breakdown of how to implement a time lock using Bitcoin scripts:
## Understanding Time Locks
Time locks in Bitcoin can be implemented using two primary opcodes:
1. **OP_CHECKLOCKTIMEVERIFY (CLTV)**: This opcode allows you to specify a block height or a Unix timestamp after which a transaction can be spent. Until that time is reached, the funds are locked.
2. **OP_CHECKSEQUENCEVERIFY (CSV)**: This opcode allows you to specify a relative time lock, meaning that a transaction can only be spent after a specified number of blocks or time has passed since the transaction was created.
For a time-locked multi-signature wallet, we will focus on **OP_CHECKLOCKTIMEVERIFY**.
## Steps to Implement a Time Lock
### Step 1: Create a P2SH Multisig Address
1. **Generate the Multisig Address**: Use your wallet software to create a P2SH (Pay to Script Hash) address that requires multiple signatures. For example, in a 2-of-3 multisig setup, you will need two out of three private keys to authorize a transaction.
### Step 2: Define the Lock Time
1. **Choose the Lock Time**: Decide on the time lock duration. This can be defined in two ways:
- **Block Height**: Specify the block height after which the funds can be spent.
- **Unix Timestamp**: Specify a specific date and time in Unix time format (seconds since January 1, 1970).
### Step 3: Create the Script
1. **Construct the Script**: The script will include the following components:
- The public keys of the cosigners.
- The required number of signatures.
- The time lock condition using `OP_CHECKLOCKTIMEVERIFY`.
Here’s an example of how the script might look for a 2-of-3 multisig with a time lock:
```plaintext
```
- `
- `
- `
### Step 4: Fund the Multisig Address
1. **Send Bitcoin**: Transfer Bitcoin to the generated multisig address. The funds will be locked until the specified time condition is met.
### Step 5: Spending the Funds
1. **Wait for the Lock Time**: Until the specified time lock is reached, no one can spend the funds.
2. **Create a Spending Transaction**: Once the lock time is reached, you can create a transaction to spend the funds from the multisig address.
3. **Collect Signatures**: Gather the required number of signatures from the cosigners.
4. **Broadcast the Transaction**: Send the signed transaction to the Bitcoin network.
## Example Scenario
Let’s say you want to set a time lock for a multisig wallet that requires two signatures out of three possible cosigners. You decide that the funds should be locked for one month from the date of creation.
1. **Lock Time**: Calculate the Unix timestamp for one month later.
2. **Script Creation**: Construct your script with the calculated lock time.
3. **Funding**: Send Bitcoin to the multisig address.
4. **Spending**: After one month, collect the necessary signatures and create a transaction to spend the funds.
## Conclusion
Setting up a time-locked multi-signature wallet adds an extra layer of security and control over your Bitcoin funds. By following these steps, you can ensure that your funds remain secure until a specified time, while still requiring multiple parties to authorize any spending. Always test your setup with small amounts before committing larger sums, and ensure that all cosigners understand the process.
Sources
Learn by listening to based nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx for years
Become based
Criticize nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx
Forgive nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx
Forgive myself
Pretty sure it’s right around the corner. Keep checking nostr:npub1k8s3skyy5mg5h07w8zvuk5lgrqadmejz7fjdpl60zaznw8sxzdxqxm6y88
GM #plebchain
Stack sats now to avoid thinking about it all day
I’m starting to read “Veteran Owned Business” as “Shitty Customer Service”
Hell yeah, I’m excited to get one in 4 years
My middle name is misery
GM #coffeechain
Go outside, this is happening now
https://www.axios.com/2024/08/13/mars-jupiter-conjunction-2024-planets-alignment
Fuck banks
#Bitcoin
Yo nostr:npub1ujm8l8mupgwvu8pye2ged78pg3huectlmm6at66x5wffgvl2fkgsygt8l4 you gonna have to stop posting that turismo shit or I’m gonna have to mute. I get maybe you’re trying to call attention to it, but I can’t be havin that in my feed while I’m sitting with my kid and wife and have no way to blur or hide it. Don’t want to block for WoT reasons but might have to anyway.
These are his most impactful notes yet no one finds them valuable 🤣
And then he cries and “quits” #nostr
🤡
Yo nostr:npub1ujm8l8mupgwvu8pye2ged78pg3huectlmm6at66x5wffgvl2fkgsygt8l4 you gonna have to stop posting that turismo shit or I’m gonna have to mute. I get maybe you’re trying to call attention to it, but I can’t be havin that in my feed while I’m sitting with my kid and wife and have no way to blur or hide it. Don’t want to block for WoT reasons but might have to anyway.
Muted him for 7 days
King of the World takes orders from no man!
Never buying another Ford or any auto maker who follows this route.
I may just stick to pre-Covid cars forever nostr:note1tj5yj5scdwuuhl492gmz050vgfx558z7w08228dzatv3y5zz8gfs96qn3n