Peter Todd [ARCHIVE] on Nostr: 📅 Original date posted:2016-03-03 📝 Original message:On Thu, Mar 03, 2016 at ...
📅 Original date posted:2016-03-03
📝 Original message:On Thu, Mar 03, 2016 at 04:04:18PM +0100, Henning Kopp via bitcoin-dev wrote:
> Hi,
> I think there is no need to do a hardfork for this. Rather it should
> be implemented as a safety-mechanism in the client. Perhaps a warning
> can pop up, if one of your conditions A) or B) is met.
Bitcoin Core already implements this safety limit with the "absurd fee"
limit of 10000 * the minimum relay fee. This limit is active in both the
wallet and the sendrawtransaction RPC call. Additionally for the wallet
there is a user configurable -maxtxfee option to limit fees set by the
wallet which currently defaults to 0.1 BTC.
--
https://petertodd.org 'peter'[:-1]@petertodd.org
0000000000000000024eabe5049843ea6d73558e960d6bcead9e91a24cab1161
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Published at
2023-06-07 17:49:39Event JSON
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"content": "📅 Original date posted:2016-03-03\n📝 Original message:On Thu, Mar 03, 2016 at 04:04:18PM +0100, Henning Kopp via bitcoin-dev wrote:\n\u003e Hi,\n\u003e I think there is no need to do a hardfork for this. Rather it should\n\u003e be implemented as a safety-mechanism in the client. Perhaps a warning\n\u003e can pop up, if one of your conditions A) or B) is met.\n\nBitcoin Core already implements this safety limit with the \"absurd fee\"\nlimit of 10000 * the minimum relay fee. This limit is active in both the\nwallet and the sendrawtransaction RPC call. Additionally for the wallet\nthere is a user configurable -maxtxfee option to limit fees set by the\nwallet which currently defaults to 0.1 BTC.\n\n-- \nhttps://petertodd.org 'peter'[:-1]@petertodd.org\n0000000000000000024eabe5049843ea6d73558e960d6bcead9e91a24cab1161\n-------------- next part --------------\nA non-text attachment was scrubbed...\nName: signature.asc\nType: application/pgp-signature\nSize: 650 bytes\nDesc: Digital signature\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20160303/8cd961fe/attachment.sig\u003e",
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