What Is a Smart Contract "Time-Lock" Function? ⎊ Path

What Is a Smart Contract “Time-Lock” Function?

A time-lock function is a specific piece of code written into a smart contract that restricts the execution of certain functions (like withdrawing funds or changing parameters) until a predetermined future block number or timestamp is reached. It is a fundamental security mechanism used to create a verifiable delay for critical actions, preventing instantaneous, malicious changes by developers.

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