Cost savings by using replace-by-fee, 30-90%



Summary:

On May 26, 2015, Peter Todd wrote about the benefits of Replace-by-Fee (RBF) over Child Pays for Parent (CPFP). RBF is less expensive than CPFP, particularly when defragmenting outputs. It can increase the BTC paid into a transaction and pay more to an existing change address with a higher fee or add an additional change address and leave a larger fee. With RBF on the other hand, you can simply double-spend t1 with a transaction paying both Alice and Bob, resulting in a 36uBTC additional fee. The above situation gets even worse with multisig.


Updated on: 2023-06-09T21:20:25.337051+00:00