60 sats \ 3 replies \ @satoshi_in_the_classroom OP 5 Oct 2023 \ parent \ on: What's the coldest of cold storage? 🧊❄️ bitcoin
Oh thanks! Does glacier do timelocks for withdrawls?
Sorry, I didn't mean any Glacier software or anything, I literally just meant the guide: https://glacierprotocol.org/docs/overview/
I think your question would apply to Liana, which is wallet software. Right now the Bitcoin protocol has the ability to put a timelock on funds when you deposit them, but you can't put a timelock on funds based on when you try to withdraw.
I have seen a proposal for how to do this without a softfork, but I can't say I've quite understood it just yet (I haven't put the time into understanding it that I need to): https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-January/021365.html
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Do you mean a timelock for a multisig to expire? That's what Blockstream Jade does. But what would be cool is a timelock where you can't withdraw the coins or access the wallet (maybe with a passphrase) until a set time.
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You're basically talking about regular timelocks then
Bitcoin Time Locking Explained
https://www.youtube.com/watch?v=lSgxroGNymM
I hope that guy explains it well enough for you. The other thing I posted might be a little down the line for you to be looking at right now lol.
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