Glossary term
HTLC
Short for “Hashed TimeLock Contract.” A type of smart contract that reduces risk by creating a time-based escrow that unlocks with a cryptographic passphrase.
Definition
Understand the fundamentals, context, and nuances behind this term.
Short for “Hashed TimeLock Contract.” A type of smart contract that reduces risk by creating a time-based escrow that unlocks with a cryptographic passphrase.
