Quote from: o_e_l_e_o on January 22, 2022, 08:44:37 AM

Not sure if that's a typo or you've misunderstood, but RBF is only possible on unconfirmed transactions, not transactions with one confirmations. Also note that although your replacement transaction might end up paying the same addresses the same amount, just with a higher fee, the new transaction is very much a brand new transaction with its own transaction hash, and is not "the same transaction".

I'm just bad at explaining to you, actually I want to say that even though RBF allows double spending or allow us to pay higher fees when the mempool is congested then only one transaction will be confirmed ^{[a transaction with a higher fee than the first transaction].}

Quote from: mamesso on January 22, 2022, 04:41:23 PM

Good job BlackStar, I don't know how long it took you to summarize all this from few references into a topic that is quite interesting to discuss. I really appreciate your effort.

Never much, just that it took me 2 days to do it because I needed to understand how the codes work. Also thank you for your appreciation.

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My assumption is that the world population will favor a faster technology, cheap and safe. The history of a bitcoin will continue, no business in the history of the world has been able to increase 40-45 thousand times in 10 years.

Bitcoin transactions are no faster than fiat digital transactions that you often do via ATM or mobile banking so not everyone will do it with bitcoin. But bitcoin allows you to send money between countries cheaper than digital fiat transactions. These two financial systems have different innovations and with them we can choose what options we need.

Quote from: Ultegra134 on Today at 12:57:39 PM

Well done, I wish I knew half of what's written here. I bet it took quite some time to summarize all the information into one, summarised post. I'll keep this thread bookmarked and use it as an insight for real life Bitcoin discussions, to answer your questions that I do not know how to explain correctly.

Good riddance on the merit requirement too, you'll soon become Sr Member.

Quote from: yazher on Today at 01:12:57 PM

It will become like that until no other myth will be brought to the table since their negative speculations will be cleared in the future. Then all they will do is cause panic or some negative assumptions about it. Those people who don't believe anything about cryptocurrencies have been doing this kind of nonsense from the past until now and they don't want to stop no matter what happened.

We can't really dispel this myth among people who basically don't really know what bitcoin is. They can still understand it in a wrong way but because we have some facts, we can explain it in a right way.

Thanks for all the appreciation you gave me but what really matters is how we understand what is right about bitcoin and explain it to those who understand it the wrong way.