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The waitWithTimeout function is a utility method provided by the web3.utils module that allows you to wait for a promise to resolve, but interrupts the wait if the promise does not resolve within a given timeout.
The function takes three arguments:
The function returns a Promise
Here's an example of how you can use the waitWithTimeout function:
In this example, the waitWithTimeout function is called with a promise that resolves after 10 seconds, and a timeout of 10,000 milliseconds (10 seconds). If the promise resolves within the 10-second timeout, the function will return the resolved value of the promise. If the timeout is reached before the promise resolves, the function will throw an error.