timelock
Scheduled access restriction
A timelock is a mechanism that prevents access until a specified time has passed.
Bank vaults use timelocks to ensure they cannot be opened outside business hours—even by someone with the combination.
In cryptocurrency and computing, a timelock restricts when funds can be spent or data accessed: The smart contract has a 48-hour timelock.
The concept extends to any delayed-release restriction.
Self-enforcing coded agreement
- blockchainCryptographic linked transaction record
- escrowConditional third-party deposit
- hashChopped mixture, cooked together
- cryptocurrencyEncrypted decentralized money
decentralized · trustless · script · transaction · wallet · expiration · protocol · digital asset
Spring-driven gear system
- delayEnforced waiting period
- releaseTo let go
- springRecoiling metal spiral
- countdownBackward enumeration to zero
trigger · programmable · electronic · mechanical · escapement · solenoid · circuit · automation
Free from peril
- strongboxSecured container for valuables
- combinationJoining of multiple elements
- bankPlace holding deposits
- delayEnforced waiting period
secure storage · depository · lockbox · bullion · heist · crack · dial · tumbler
smart contract
Self-enforcing coded agreement
- blockchainCryptographic linked transaction record
- escrowConditional third-party deposit
- hashChopped mixture, cooked together
cryptocurrency · decentralized · trustless · script · transaction · wallet · expiration · protocol · digital asset · covenant
clockwork
Spring-driven gear system
countdown · trigger · programmable · electronic · mechanical · escapement · solenoid · circuit · automation · precision
safe
Free from peril
- strongboxSecured container for valuables
- combinationJoining of multiple elements
- bankPlace holding deposits
delay · secure storage · depository · lockbox · bullion · heist · crack · dial · tumbler · mechanism
bondage
Involuntary subjugation to another
key · duration · release mechanism · safety · secure · inescapable · bound · fetish · kink
timelockinstant access
Reaching something without delay
immediate release · open access · unlocked · free access · keyless entry
timelockcombination lock
Security device requiring sequence
combination dial · key lock · keypad lock · biometric lock · fingerprint lock