Post
Topic
Board Bitcoin Discussion
Re: Using Locktime for inheritance planning or as a backup
by
javadsalehi
on 02/09/2019, 13:21:00 UTC
I am new to locktime and it is this the first time I've heard about it.
Assume that I have 10 bitcoins and I sign a transaction which will be valid after 5 years from now. If I need money and I want to spend 1 bitcoin, what will happen?
Am I able to make this transaction? If yes, what will happen to that 10 bitcoins transaction?