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

FTX plans to pay $900 million to creditors when the fifth distribution begins on July 31.

July 18, 2026

Saylor’s strategic message doesn’t help push the Bitcoin story, says StanChart.

July 12, 2026

Bittensor subnet token launches on Kraken

July 6, 2026
Add A Comment

Comments are closed.

Recent Posts

Zama and Elliptic partner to define compliant confidential finance.

July 21, 2026

The Ripple-linked token rose 4% as traders watched it break toward $1.35.

July 21, 2026

Everyday Guides Book Series — Rethink Your Strategy

July 20, 2026

Billionaire Adam Weitsman Launches HV-MTL NFT Marketplace

July 20, 2026

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.78 Million Tokens, And Total Crypto And Total Cash Holdings Of $11.5 Billion

July 20, 2026

THE 500-YEAR YIXING ZISHA TEAPOTS PARADIGM

July 20, 2026

Singaporean-Founded Paymonade Clears Europe’s New Crypto Regulations — When Roughly 90% Of Europe’s Crypto Firms Fail

July 20, 2026

MEXC Launches 0-Fee Stock Futures Campaign With $5,000,000 SNDK Prize Pool

July 20, 2026

ETA CEO Expects More Partnerships with Bitcoin Startups in the Future

July 19, 2026

FTX plans to pay $900 million to creditors when the fifth distribution begins on July 31.

July 18, 2026

KuCoin unveils Celestia Stage as Tomorrowland Belgium 2026 partnership expands

July 18, 2026

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

Zama and Elliptic partner to define compliant confidential finance.

July 21, 2026

The Ripple-linked token rose 4% as traders watched it break toward $1.35.

July 21, 2026

Everyday Guides Book Series — Rethink Your Strategy

July 20, 2026
Most Popular

Solana reaches 5 mln every day. New address: Will SOL reach the new top?

February 10, 2025

Hong Kong attracts 22 companies seeking cryptocurrency exchange licenses

March 3, 2024

Binance integrates USD Coin (USDC) into native network

May 15, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

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