Time Locking Shipments

The above figure displays an example of a user at address 0x…1 (Bob) attempting to send assets to user 0x…2 (Carl), acceptable only after a specific date has passed.

Upon creation of the Capsule Shipment, Bob specifies to send his Capsuled assets to 0x…2 (Carl) only acceptable after January 1st, 2026. Bob has also attached a password. Until the latest block’s timestamp has passed the timestamp for January 1st, 2026, Carl will be unable to properly accept this shipment. At any time, Bob still has the ability to cancel the shipment, remove the timelock, or directly send the assets to Carl.

Thankfully, humanity survives to January 1st, 2026, and Carl is able to accept Bob’s assets through CPaS.