Re: [bitcoin-dev] Fee estimates and RBF

2021-05-18 Thread ZmnSCPxj via bitcoin-dev
Good morning Prayank, > But it will involve lot of exception handling. Yes, that is precisely the problem here. If you select a fixed feerate and then just broadcast-and-forget, you have no real exceptions you have to handle --- but that means not using RBF at all. Testing the handling of r

Re: [bitcoin-dev] Fee estimates and RBF

2021-05-14 Thread Prayank via bitcoin-dev
I have shared response by Jeremy and ZmnSCPxj in an answer to  https://bitcoin.stackexchange.com/questions/105860/what-are-we-trying-to-predict-in-fee-estimation-and-why Also find the recent CVE related to RBF by Antoine Riard and implementation of RBF in Bitcoin Core compared to btcd interesting

Re: [bitcoin-dev] Fee estimates and RBF

2021-05-06 Thread Prayank via bitcoin-dev
Good morning ZmnSCPxj, Thanks for your response. I agree there are few exceptions:  1.Unconfirmed output can be spent resulting in conflict with RBF 2.Race condition and mining pool may include old transaction with low fee I am trying few things related to RBF and handling such exceptions, will s

Re: [bitcoin-dev] Fee estimates and RBF

2021-05-02 Thread ZmnSCPxj via bitcoin-dev
Good morning Prayank, I believe a "true" full-RBF wallet should be what every onchain wallet aspires to. However, I think a lot of the effort necessary here has to do with sheer engineering issues. For example, if you think "RBF does not exist", you can do things like: * Spend an unconfirmed

Re: [bitcoin-dev] Fee estimates and RBF

2021-05-01 Thread Prayank via bitcoin-dev
Thanks Jeremy for sharing this link:  https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2020-September/018168.html Trying to understand everything mentioned and "fee-only" wallet sounds interesting. -- Prayank May 1, 2021, 05:41 by jlru...@mit.edu: > Hi Prayank, > > Very glad to hear you

Re: [bitcoin-dev] Fee estimates and RBF

2021-04-30 Thread Jeremy via bitcoin-dev
Hi Prayank, Very glad to hear you are weathering the storm OK, wishing you and yours safety in the weeks ahead. I think you'll be interested to see https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2020-September/018168.html especially with regards to background services. In the long term,

[bitcoin-dev] Fee estimates and RBF

2021-04-30 Thread Prayank via bitcoin-dev
Hello World, I hope everyone is doing okay. Things are not good in India and even I was tested covid positive few days back. Recovered and feeling better now. Hoping everything gets back to normal soon. There are different estimations used in wallets, explorers and other Bitcoin projects. For