Author: Mark Friedenbach 2015-05-08 20:55:30
Published on: 2015-05-08T20:55:30+00:00
The email conversation discusses the issues with using time as a reliable factor in the blockchain. In addition to being unreliable, it also poses a problem for reorganization safety as transactions can expire during a reorg and any transaction built on the expired one is invalidated. The discussion mentions the alternative of replace by fee and how end-users interpret the old transaction as expired. Another suggestion made is a reverse time lock feature that expires a transaction after a specific time, but acknowledges that time is still not entirely reliable in the blockchain.
Updated on: 2023-06-09T19:42:43.503910+00:00