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Explained: Hashed Timelock Contracts in Blockchain Applications

HTLC transactions require the receiving party to log-in a generated passphrase within a pre-decided timeframe. If either of these criteria are not met with, the transaction is not processed. Gadgets 360 Read More 

​ HTLC transactions require the receiving party to log-in a generated passphrase within a pre-decided timeframe. If either of these criteria are not met with, the transaction is not processed.