Post
Topic
Board Bitcoin Discussion
Re: Make a transaction that cannot be spent in X years
by
odolvlobo
on 05/08/2014, 21:31:30 UTC
There is a mechanism in the protocol that blocks a transaction until a certain time or block.


Please read these:

https://en.bitcoin.it/wiki/Protocol_specification#tx
https://bitcointalk.org/index.php?topic=131443.0


That has the problem that I can revoke the transaction when I want, by broadcasting a different transaction that has not the lock.

1. Send the money to an intermediate address.
2. Create a time-locked transaction sending from the intermediate address.
3. Destroy the private key for the intermediate address.