Account Control
From Nxt Wiki
Description
The account control feature will implement a number of methods for applying limits and controls on Nxt accounts. Features include:
- setting a lock on an account to prohibit any outgoing transactions
- defining a set of rules for unlocking the account
Brainstorming Bitcointalk
Details
The account control feature will allow a user to set a "lock" on an account which prohibits any outgoing transactions until certain conditions are met. Account control options may include:
- Blocking some or all coins from spending, which would restrict the transmission of coins, aliases, assets, or any combination of these
- Defining a duration period for these blocks
- Allowing accounts to only send coins to a specified account
- Specifying that outgoing transactions are only possible during certain hours of the day
- Scheduling a transaction for a specified date in the future
- Combining any of the above settings
These features present some interesting account usage scenarios:
- tagging an account as a "savings" account, with no ability to send Nxt
- using a locked account as an "escrow" account
- limiting the ability to transfer assets or aliases from an account
- setting a "spending limit" on an account, e.g. 100Nxt/day
How To
TBD
FAQ
Can locked accounts still forge?
Yes.
Release Date
TBD