Author: Mark Friedenbach 2015-05-08 22:45:19
Published on: 2015-05-08T22:45:19+00:00
On May 8, 2015, Aaron Voisine wrote an email discussing the use of block size limits to enforce scarcity in Bitcoin transactions. He acknowledged that while it is a clever way to tie fees to block size, transactions with low fees may still hang in limbo for days and eventually fail. However, there are solutions waiting to be deployed as default policy to bitcoind such as replace-by-fee and child-pays-for-parent, which need to be implemented in other clients.
Updated on: 2023-06-09T20:05:10.010173+00:00