Post
Topic
Board Beginners & Help
Re: How to protect myself from RBF?
by
rpstatic
on 02/08/2018, 07:35:16 UTC
Replace by fee (RBF) just means that the sender can resend the transaction with a higher fee, if they accidentally set a low fee and dont want to wait hours for confirmations. It is possible to double spend an unconfirmed transaction without RBF flag.

When the transaction has 1 confirmation it is safe from double spend attacks. Thats why it is important to wait ca 10 minutes for 1 confirmation before sending the product. For high amounts some people prefer to wait for 3+ confirmations.

If there is 1 confirmation does it mean you can't do RBF?

No, you can only use RBF for unconfirmed transactions. Otherwise your transaction was already put into a block and added to the chain.