monero-site/knowledge-base/moneropedia/unlocktime.md

---
layout: moneropedia
entry: "Transaction Unlock Time"
terms: ["unlock-time"]
summary: "a special transaction where the recipient can only spend the funds after a future date, as set by the sender"
---

### The Basics

{{ page.summary | capitalize }}.

Unlock time allows you to send a transaction to someone, such that they can not spend it until after a certain number of blocks, or until a certain time.

Note that this works differently than Bitcoin's [nLockTime](https://en.bitcoin.it/wiki/NLockTime), in which the transaction is not valid until the given time.
moneropedia changes and fixes 2015-02-21 13:02:12 +02:00			`---`
			`layout: moneropedia`
			`entry: "Transaction Unlock Time"`
			`terms: ["unlock-time"]`
			`summary: "a special transaction where the recipient can only spend the funds after a future date, as set by the sender"`
			`---`

			`### The Basics`

Update unlocktime.md 2016-09-17 20:07:33 +03:00			`{{ page.summary \| capitalize }}.`

			`Unlock time allows you to send a transaction to someone, such that they can not spend it until after a certain number of blocks, or until a certain time.`

			`Note that this works differently than Bitcoin's [nLockTime](https://en.bitcoin.it/wiki/NLockTime), in which the transaction is not valid until the given time.`