Hashed Timelock Contract (HTLC)

DeFi

A hashed timelock contract (HTLC) is a type of agreement between two people that ensures they can trade safely without trusting each other. It uses a special code and a time limit to protect both parties from risks.

Definition
A hashed timelock contract (HTLC) is a type of agreement between two people that ensures they can trade safely without trusting each other. It uses a special code and a time limit to protect both parties from risks.

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