Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»BITCOIN NEWS»Hash Time Lock Contract – What is the default time lock in the current Lightning implementation? How is channel opening negotiated?
BITCOIN NEWS

Hash Time Lock Contract – What is the default time lock in the current Lightning implementation? How is channel opening negotiated?

By Crypto FlexsJanuary 30, 20241 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Hash Time Lock Contract – What is the default time lock in the current Lightning implementation?  How is channel opening negotiated?
Share
Facebook Twitter LinkedIn Pinterest Email

Lightning has two time locks that both channel parties must agree to if a channel is opened between them. These are (in BOLT5) to_self_delay (CSV Relative Time Lock) This is relevant when your channel counterpart is trying to trick you. cltv_expiry (CLTV Absolute Time Lock) This is suitable if you have not received a pre-image of the HTLC you agreed to route to.

First, do the various Lightning implementations all converge on similar defaults for these time locks? What are they and how do they differ?

Second, what is the negotiation process for these time locks? tell me you like me ideally x For time lock purposes my channel counterpart would ideally be: y But we are happy to agree to a halfway house. Or so it should be. x Otherwise you don’t want to open the channel? I’m assuming this is impossible, and “negotiation” is just “here’s an offer. Take it or not. If you reject it, I don’t actually know why you rejected it. It might be because you wanted a higher time lock that I’d be completely happy with, but that’s your “I had no idea this was what I wanted.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bearish Administration: Let’s take a look at how the Bitcoin price has changed since Donald Trump became President.

November 14, 2025

Is Bitcoin price bottoming? The latest on-chain data suggests:

November 8, 2025

Bitcoin price holds near $109,000 as traders eye a November bounce.

November 2, 2025
Add A Comment

Comments are closed.

Recent Posts

Blockchain For Good Alliance (BGA) Recognized Groundbreaking Blockchain Projects Advancing The SDGs At 2025 Forum

November 17, 2025

Phemex Celebrates Its 6th Anniversary With 66% User Growth And Shared Vision

November 17, 2025

Aster Launches Stage 4 Airdrop And $10M Trading Competition To Accelerate Ecosystem Growth

November 17, 2025

BYDFi Joins CCCC Lisbon 2025 As Sponsor, Empowering Creators And Web3 Education

November 17, 2025

Building the first regulated esports platform for fair, skills-based competition in Europe

November 17, 2025

Deribit And SignalPlus Launch 2025 Trading Competition, Featuring A $450,000 USDC Prize Pool

November 17, 2025

Cryptocurrency romance scams are now not only a consumer scam, but also a national threat.

November 16, 2025

Jour Cards Launches ITunes Gift Card Store For Instant Apple Purchases With Bitcoin And Crypto

November 16, 2025

Polkadot Above $2.60, EV2 Presale Starts, Crypto Ticks Higher

November 16, 2025

Solana Rebounds From $150, EV2 Presale Gathers Steam, Crypto Relief Rally Commences

November 16, 2025

Trusphera Expands Into Full-Scale Platform For Reviews, Crypto Blogs, Scam Reports, And SEO Journals

November 16, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Blockchain For Good Alliance (BGA) Recognized Groundbreaking Blockchain Projects Advancing The SDGs At 2025 Forum

November 17, 2025

Phemex Celebrates Its 6th Anniversary With 66% User Growth And Shared Vision

November 17, 2025

Aster Launches Stage 4 Airdrop And $10M Trading Competition To Accelerate Ecosystem Growth

November 17, 2025
Most Popular

🔥Weekly Altcoin Report: Bitcoin Will Hit +$50,000

February 11, 2024

Market Outlook #255 – Altcoin Trader’s Blog

February 12, 2024

Web3 $ 30 million initiative to promote talent and innovation

April 21, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.