📅 Original date posted:2018-01-23
📝 Original message:On Tue, Jan 23, 2018 at 10:19 PM, Rhavar via bitcoin-dev
<bitcoin-dev at lists.linuxfoundation.org> wrote:
> Interesting. I didn't think about this before, but it seems like bip125 is
> rather incentive incompatible right now? If we're assuming a competitive
> mempool, it really doesn't seem generally rational to accept a replacement
> transaction of a lower fee rate.
BIP125 replacement requires that the fee rate increases. The text of
the BIP document is written in a confusing way that doesn't make this
clear.
Gregory Maxwell [ARCHIVE] /
npub1f2…crwet
2023-06-07 18:09:58
in reply to nevent1q…jz3y
Author Public Key
npub1f2nvlx49er5c7sqa43src6ssyp6snd4qwvtkwm5avc2l84cs84esecrwetPublished at
2023-06-07 18:09:58Event JSON
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"pubkey": "4aa6cf9aa5c8e98f401dac603c6a10207509b6a07317676e9d6615f3d7103d73",
"created_at": 1686161398,
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"content": "📅 Original date posted:2018-01-23\n📝 Original message:On Tue, Jan 23, 2018 at 10:19 PM, Rhavar via bitcoin-dev\n\u003cbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\u003e Interesting. I didn't think about this before, but it seems like bip125 is\n\u003e rather incentive incompatible right now? If we're assuming a competitive\n\u003e mempool, it really doesn't seem generally rational to accept a replacement\n\u003e transaction of a lower fee rate.\n\nBIP125 replacement requires that the fee rate increases. The text of\nthe BIP document is written in a confusing way that doesn't make this\nclear.",
"sig": "f0d006fcc50ef42eb4e9aa3bf3d253fd720550aec193d8a104a4f4132fcde318824e05ecf6b7b4146528f2b115af16ba7a5c77fdf2e35e05beb2108b18db636a"
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