hashlock
Definitions
A Bitcoin feature that restricts the spending of an output or multiple outputs until a specified piece of data is publicly revealed.
Examples
“By encumbering the Bitcoin transaction outputs with a hashlock and timelock, the channel counterparty will be unable to outright steal⟳ funds and Bitcoins can be exchanged without outright counterparty theft.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See also
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