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default

Also: defaults, loan default

In the planned blockspace.loans design, a loan not repaid by its deadline. A default is settled in the asset itself: the lender may move the locked collateral to themselves with a transaction the borrower signed in advance, whatever the asset is worth at the deadline. There is no liquidation and no price oracle. Planned as of 2026-10-21: nothing is an offer of credit.

Used by: blockspace.loans

Used on #

Sources #

  1. blockspace.loans: borrow bitcoin against your blockspace (planned) · blockspace.loans/
  2. blockspace.loans: what counts as collateral (planned) · blockspace.loans/collateral/
  3. blockspace.loans: questions and answers (planned) · blockspace.loans/faq/

Updated 2026-10-21 · This page as Markdown

blockspace.wiki is written by Blockspace Co. from its published documents and records and the live data of its own Bitcoin node and indexers. Every page cites its sources; corrections go in the errata.