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time lock is a contract commonly used in defy and dowse the purpose of this contract is to delay a transaction [Music] first you will broadcast the transaction that youre going to execute and this is done by calling the function queue youre queuing a transaction once a transaction is queued you will have to wait a certain amount of time defined in a timeout contract this is usually anywhere from 24 hours to several days once the time has passed then the function execute can be called to execute the transaction these two steps of publishing a transaction that youre about to execute waiting a few days and then actually executing it gives users some time to make sure that the transaction that youre about to execute is nothing dangerous for example here i have a contract called test time lock and i also have a function called test this function can only be called by the time log contract now this function might execute some code to upgrade the contract transfer funds or switch the pri