Feed for tag: locktime
A BIP proposal for 'cancellable' transactions

Alejandro Ranchal Pedrosa and Tucci-Piergiovanni proposed a new BIP to extend OP_CSV1 and/or OP_CLTV2 to allow and interpret negative values.

The discussion that followed concluded that the BIP would be breaking a fundamental rule which is that valid transactions remain valid. This could lead to loss of funds when several transactions are made invalid.