Post
Topic
Board Development & Technical Discussion
Re: RBF transactions to be enabled at the next core update
by
shorena
on 17/01/2016, 14:12:15 UTC
Can anyone tell the major benefits of this update apart from what I understand is to help induce a free market for transaction fees.  Won't it break the ability to accept zero confirmation transactions?  As there are currently methods to do so with great certainty that a zero confirmation transaction will go through the next block.  And also doesn't this break the core ethos of bitcoin being a pure push system only.  I've read the RBF transactions update is being merged into bitcoin core at the next update.  Isn't that a little hasty for such a drastic change to the protocol to be brought in so quickly.  After it took us a good several months to agree on re-increasing the blocksize.

My limited understanding is that the first transaction needs to raise a flag in order to allow RBF. Merchants that accept 0-conf TX could scan for the flag and wait to deliver their part if it is set. On the other hand I am not sure how ready merchants or even regular wallet implementations are.