Re: [bitcoin-dev] BIP proposal: No chaining off replaceable transactions

ut I think in practice would do a good job (most of the problematic descendants tends to be low feerate sweeps). It would also preserve the ability for receivers to use CPFP if they wish. -Ryan > Original Message > Subject: Re: [bitcoin-dev] BIP proposal: No chaining

Re: [bitcoin-dev] BIP proposal: No chaining off replaceable transactions

Your BIP would take away the only way the *receiver* has to raise the fee: CPFP. And the receiver is arguably the more important party in this question. After all the sender has no real incentive for his payment to be confirmed; it's receiver who has. On 07/02/2017 10:35 PM, Rhavar via

Re: [bitcoin-dev] BIP proposal: No chaining off replaceable transactions

to what was required (and I > successfully made transactions with). People (and especially services) being > able to be able to dynamically increase their fees sanely when dealing with > withdrawals (and especially batched ones) will go a long way to helping the > overall ecosystem. > &g

Re: [bitcoin-dev] BIP proposal: No chaining off replaceable transactions

dynamically increase their fees sanely when dealing with withdrawals (and especially batched ones) will go a long way to helping the overall ecosystem. -Ryan > Original Message ---- > Subject: Re: [bitcoin-dev] BIP proposal: No chaining off replaceable > transactions > Loca

Re: [bitcoin-dev] BIP proposal: No chaining off replaceable transactions

On Sun, Jul 2, 2017 at 9:01 PM, Rhavar wrote: > That's not really realistic. In practice some receivers do big sweeps and > include unconfirmed inputs. Replacing the transaction means you need to pay > the cost of the sweep, which you probably don't want to do (can be in

Re: [bitcoin-dev] BIP proposal: No chaining off replaceable transactions

This isn't BIP material, as it merely describes a local policy. (BIP125 itself is also local policy, but one that involves standardisation since it expresses how wallets interoperate with nodes with that policy.) If you wish to suggest this policy change, you should just implement it and open

Re: [bitcoin-dev] BIP proposal: No chaining off replaceable transactions

he order of $100s of dollars). > Beyond being paternalistic the issue I see with your proposal is thatits > contrary to miner income This applies to pretty much all non-standard transactions. -Ryan > Original Message > Subject: Re: [bitcoin-dev] BIP proposal: No chai

Re: [bitcoin-dev] BIP proposal: No chaining off replaceable transactions

On Sun, Jul 2, 2017 at 8:35 PM, Rhavar via bitcoin-dev wrote: > ==Abstract== > > BIP125 allows transactions to opt into replaceability with a primary use > case > of allowing users to increase the fees of unconfirming transactions, helping > create > a more

[bitcoin-dev] BIP proposal: No chaining off replaceable transactions

==Abstract== BIP125 allows transactions to opt into replaceability with a primary use case of allowing users to increase the fees of unconfirming transactions, helping create a more efficient fee market place. However this goal is hindered when the receiver of a transaction spends from the