ELI5: Explain Like I'm 5

Time lock

A time lock is like a magic box that keeps something safe until a certain time. Just like how mom tells you that you can't have your Halloween candy until after dinner, a time lock stops people from getting something until a certain time. Sometimes people use a time lock to keep their money or important papers safe until they are supposed to be used. It's like a secret code that only the time lock knows, and it only opens up when it's time. So, just like how you have to wait to eat your candy, some things have to wait until the time lock says it's okay!