Author: Gregory Maxwell 2018-01-23 22:49:34
Published on: 2018-01-23T22:49:34+00:00
A user named Rhavar raised an interesting point about bip125 on bitcoin-dev, stating that it may be incentive incompatible. The context suggests that if a competitive mempool is assumed, accepting a replacement transaction of a lower fee rate doesn't seem generally rational. It is worth noting that BIP125 replacement requires the fee rate to increase, although the text of the BIP document is written in a confusing manner that doesn't make this clear.
Updated on: 2023-05-20T05:02:09.611427+00:00