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From: Gregory Maxwell <greg@xiph.org>
To: Rhavar <rhavar@protonmail.com>,
	 Bitcoin Protocol Discussion
	<bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Transaction Merging (bip125 relaxation)
Date: Tue, 23 Jan 2018 22:49:34 +0000	[thread overview]
Message-ID: <CAAS2fgQBMSOhDBUZ6d9cG7fHg4tRr8o+E0j3ZXhdHkxv4kTwUA@mail.gmail.com> (raw)
In-Reply-To: <oY5fxEk2FEJwHTtN9hKit2Unfu9C6CpSKLOVr0Tu99W_ctym_TNtEPLjgSg77e_RePgWHLBF7sNZoXa11aDgm6ClDxT33Jz2M-q3HZC1n40=@protonmail.com>

On Tue, Jan 23, 2018 at 10:19 PM, Rhavar via bitcoin-dev
<bitcoin-dev@lists.linuxfoundation.org> wrote:
> Interesting. I didn't think about this before, but it seems like bip125 is
> rather incentive incompatible right now? If we're assuming a competitive
> mempool, it really doesn't seem generally rational to accept a replacement
> transaction of a lower fee rate.

BIP125 replacement requires that the fee rate increases.  The text of
the BIP document is written in a confusing way that doesn't make this
clear.


  reply	other threads:[~2018-01-23 22:49 UTC|newest]

Thread overview: 21+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2018-01-22 17:40 [bitcoin-dev] Transaction Merging (bip125 relaxation) Rhavar
2018-01-22 18:16 ` Alan Evans
2018-01-22 18:18   ` Rhavar
2018-01-22 18:50     ` Moral Agent
2018-01-22 18:59       ` Rhavar
2018-01-22 20:00 ` Peter Todd
2018-01-22 20:09   ` Rhavar
2018-01-23 16:31   ` Rhavar
2018-01-23 21:56     ` Moral Agent
2018-01-23 22:19       ` Rhavar
2018-01-23 22:49         ` Gregory Maxwell [this message]
2018-01-24  7:44           ` Peter Todd
2018-01-24 13:43             ` Alan Evans
2018-01-24 16:05               ` Rhavar
2018-01-28 16:43                 ` Sjors Provoost
2018-01-28 17:29                   ` David A. Harding
2018-01-28 17:58                     ` Rhavar
2018-01-28 18:08                     ` Moral Agent
2018-01-23 21:31   ` Gregory Maxwell
2018-01-24  7:28     ` Peter Todd
2018-01-23 23:31 Adam Ficsor

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