Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
sickpig
on 19/06/2015, 13:45:26 UTC
Peter Todd again. I don't like this.

Quote
Yesterday F2Pool, currently the largest pool with 21% of the hashing power, enabled full replace-by-fee (RBF) support after discussions with me. This means that transactions that F2Pool has will be replaced if a conflicting transaction pays a higher fee. There are no requirements for the replacement transaction to pay addresses that were paid by the previous transaction.

http://www.mail-archive.com/bitcoin-development@lists.sourceforge.net/msg08422.html

I've never understood Peter Todd's rationale for promoting replace-by-fee.  

me neither.

that said I've collected a few resources in a "read-later" fashion, with the aim to eventually understand Todd's reasons, here's a partial list:

http://sourceforge.net/p/bitcoin/mailman/message/32276657/
http://www.mail-archive.com/bitcoin-development@lists.sourceforge.net/msg06992.html
http://www.mail-archive.com/bitcoin-development@lists.sourceforge.net/msg07122.html
https://medium.com/@octskyward/replace-by-fee-43edd9a1dd6d


Fwiw f2pool representative just post in the aforementioned thread:

Quote from: Chun Wang on btc dev lsit
Hello. We recognize the problem. We will switch to FSS RBF (*) soon. Thanks.

(*) FSS RBF =  first-seen-safe RBF