Re: [bitcoin-dev] tx max fee

2023-05-11 Thread Tom Harding via bitcoin-dev
On 5/11/23 04:02, vjudeu via bitcoin-dev wrote: Every transaction paying "fee > sum" can be replaced by N transactions paying "fee <= sum", where the sum of all fees will be the same. These N transactions will generally have a lower feerate than the original, and the lowest feerate of the N

Re: [bitcoin-dev] tx max fee

2023-05-11 Thread Andrew Baine via bitcoin-dev
Regardless of the submitter's rationale, it is easy to work around any rule that denies mempool inclusion based on fee proportion: if you have plenty, add inputs from your own wallet and return to yourself; if not, borrow them and return to the lender, maybe with interest. On Thu, May 11, 2023 at

Re: [bitcoin-dev] tx max fee

2023-05-11 Thread Kalle Rosenbaum via bitcoin-dev
Another use case for paying more fees than outputs is to incentivize honest mining when Bitcoin is under a state-level censorship attack. If it's really important to me that my transaction goes through, I might be willing to set a fee at 99x the output value. It's the only way bitcoin could work

Re: [bitcoin-dev] tx max fee

2023-05-11 Thread vjudeu via bitcoin-dev
> confused. the rule was "cannot pay a fee > sum of outputs with > consideration of cpfp in the mempool" > your example is of someone paying a fee "< sum" which wouldn't be blocked Every transaction paying "fee > sum" can be replaced by N transactions paying "fee <= sum", where the sum of

Re: [bitcoin-dev] tx max fee

2023-05-11 Thread Erik Aronesty via bitcoin-dev
confused. the rule was "cannot pay a fee > sum of outputs with consideration of cpfp in the mempool" your example is of someone paying a fee "< sum" which wouldn't be blocked note: again, i'm not a fan of this, i like the discussion of "bitcoin as money only" and using fee as a lever to do

Re: [bitcoin-dev] tx max fee

2023-05-10 Thread vjudeu via bitcoin-dev
> possible to change tx "max fee" to output amounts? Is it possible? Yes. Should we do that? My first thought was "maybe", but after thinking more about it, I would say "no", here is why: Starting point: 1 BTC on some output. Current situation: A single transaction moving 0.9000 BTC as

Re: [bitcoin-dev] tx max fee

2023-05-08 Thread Erik Aronesty via bitcoin-dev
fair. i suppose you could support cpfp in any dust filtering. im not a fan, but I think its the only legit way to defend the chain from non money use cases On Mon, May 8, 2023, 7:58 PM Peter Todd wrote: > On Sun, May 07, 2023 at 07:59:40PM -0400, Erik Aronesty via bitcoin-dev > wrote: > >

Re: [bitcoin-dev] tx max fee

2023-05-08 Thread Peter Todd via bitcoin-dev
On Sun, May 07, 2023 at 07:59:40PM -0400, Erik Aronesty via bitcoin-dev wrote: > possible to change tx "max fee" to output amounts? > > seems like the only use case that would support such a tx is spam/dos type > stuff that satoshi warned about > > its not a fix for everything, but it seems

[bitcoin-dev] tx max fee

2023-05-08 Thread Erik Aronesty via bitcoin-dev
possible to change tx "max fee" to output amounts? seems like the only use case that would support such a tx is spam/dos type stuff that satoshi warned about its not a fix for everything, but it seems could help a bit with certain attacks ___