Hashed Timelock Contract (HTLC)
DeFiA 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.