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BIPS

Relative lock-time

  • BIP 68 Relative lock-time using consensus-enforced sequence numbers
  • BIP 112 (CHECKSEQUENCEVERIFY) - describes also use cases - htlc, bidirectional payment channels and the Lightning Network, requires BIP68
  • BIP 113 Median time-past as endpoint for lock-time calculations

Resources

Demo

Environment setup

mkdir ln-example
cd ln-example
virtualenv .venv
git clone https://github.com/braiins/lnd
. .venv/bin/activate
cd lnd/docker
git checkout -b ltc-rebased-master origin/ltc-rebased-master
source conf/bitcoin

And follow the README.md and start charlie too:

docker-compose up -d --no-recreate charlie
docker exec -ti btc_charlie /bin/bash

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