Tell me what happens when you lock satoshis on the message?

zyamir ·

Tell me what happens when you lock satoshis on the message?

Replies

arghzero ·

basically the same thing that happens if you lock on hodlocker or other apps that do locking. tldr is we create a bsv tx that uses the bsocial protocol's like field to refer to the txid of the post that's being locked, and then use the locking script to make the sats stay locked up until the blockheight specified

Slashvi ·

Good to know

zyamir ·

The reason why bitcoin is locked for 100 blocks on bitcoin network is to prevent double spend. That issue does not exist in applications such as treechat