The RLV store uses the same transaction blocking mechanism as the IQ main store. Suppose you set the BLOCKING option to ON. If write lock A held be transaction 1 conflicts with write lock B which transaction 2 is attempting to obtain, then transaction 2 must wait until write lock A is released, or until the BLOCKING_TIMEOUT threshold is reached. By default, BLOCKING is OFF.
Although transaction blocking minimizes lock contention, transaction blocking can lead to deadlock.