Replace by Fee-Rate by Peter Todd. Transaction pinning is potential threat to many multi-party protocols such as lightning. Yet it's also an economic exploit: miners are leaving money on the table. Here we'll look at replace-by-fee-rate, an incentives-based solution to pinning that both fixes the problem, and earns miners more money.
Watch now: https://youtu.be/0cXZF-9h9CU
This presentation was recorded in May 2024 in Austin, TX during bitcoin++ conference, script edition.
Sign up for one of our upcoming dev conf at https://btcpp.dev
#btcplusplus #devconf #bitcoineducation #bitcoinconf #bitcoindev #bitcoinconference #cypherpunks
btcplusplus / bitcoin++
npub1dw…z7c52
2024-12-01 14:49:39
Author Public Key
npub1dwah6u025f2yy9dgwlsndntlfy85vf0t2eze5rdg2mxg99k4mucqxz7c52Published at
2024-12-01 14:49:39Event JSON
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"content": "Replace by Fee-Rate by Peter Todd. Transaction pinning is potential threat to many multi-party protocols such as lightning. Yet it's also an economic exploit: miners are leaving money on the table. Here we'll look at replace-by-fee-rate, an incentives-based solution to pinning that both fixes the problem, and earns miners more money.\n\nWatch now: https://youtu.be/0cXZF-9h9CU\n\nThis presentation was recorded in May 2024 in Austin, TX during bitcoin++ conference, script edition. \n\nSign up for one of our upcoming dev conf at https://btcpp.dev\n\n#btcplusplus #devconf #bitcoineducation #bitcoinconf #bitcoindev #bitcoinconference #cypherpunks",
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