NLockTime

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Revision as of 01:57, 18 September 2016 by Notplato (talk | contribs) (Clarified the use of lock times.)
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nLockTime is a parameter of a transaction, that, if any input indicates so (by having nSequence not equal to UINT_MAX), mandates a minimal time (specified in either unix time or block height), that before this time, the transaction cannot be accepted into a block. If all inputs have nSequence equal to UINT_MAX, then nLockTime is ignored.

See lock_time in the protocol specification