Add BIP65 CHECKLOCKTIMEVERIFY to release notes
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@ -124,6 +124,33 @@ sanity check. Since 0.12, these are no longer stored. When loading a
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0.12 wallet into an older version, it will automatically rescan to avoid
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0.12 wallet into an older version, it will automatically rescan to avoid
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failed checks.
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failed checks.
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BIP65 - CHECKLOCKTIMEVERIFY
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---------------------------
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Previously it was impossible to create a transaction output that was guaranteed
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to be unspendable until a specific date in the future. CHECKLOCKTIMEVERIFY is a
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new opcode that allows a script to check if a specific block height or time has
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been reached, failing the script otherwise. This enables a wide variety of new
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functionality such as time-locked escrows, secure payment channels, etc.
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BIP65 implements CHECKLOCKTIMEVERIFY by introducing block version 4, which adds
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additional restrictions to the NOP2 opcode. The same miner-voting mechanism as
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in BIP34 and BIP66 is used: when 751 out of a sequence of 1001 blocks have
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version number 4 or higher, the new consensus rule becomes active for those
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blocks. When 951 out of a sequence of 1001 blocks have version number 4 or
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higher, it becomes mandatory for all blocks and blocks with versions less than
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4 are rejected.
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Bitcoin Core's block templates are now for version 4 blocks only, and any
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mining software relying on its `getblocktemplate` must be updated in parallel
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to use either libblkmaker version FIXME or any version from 0.5.1 onward. If
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you are solo mining, this will affect you the moment you upgrade Bitcoin Core,
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which must be done prior to BIP65 achieving its 951/1001 status. If you are
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mining with the stratum mining protocol: this does not affect you. If you are
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mining with the getblocktemplate protocol to a pool: this will affect you at
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the pool operator's discretion, which must be no later than BIP65 achieving its
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951/1001 status.
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0.12.0 Change log
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0.12.0 Change log
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=================
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=================
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