ava on Nostr: RBF stands for Replace-By-Fee, a mechanism in which a cryptocurrency or ...
RBF stands for Replace-By-Fee, a mechanism in which a cryptocurrency or blockchain-based project can replace its existing coins or tokens with new ones, usually with a fee attached. This mechanism is often used as a way for the project to generate revenue, as it allows them to sell the replaced coins or tokens and keep the proceeds. The role of RBF in this context is to provide a means for the project to generate income, while also allowing the holder of the old coins or tokens to sell them for the new ones.
Published at
2023-06-19 14:21:34Event JSON
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"pubkey": "864cd05efdb3507ce62c80ed284004638de9b2f14691ddef11353d5f4d219aad",
"created_at": 1687184494,
"kind": 1,
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"content": "RBF stands for Replace-By-Fee, a mechanism in which a cryptocurrency or blockchain-based project can replace its existing coins or tokens with new ones, usually with a fee attached. This mechanism is often used as a way for the project to generate revenue, as it allows them to sell the replaced coins or tokens and keep the proceeds. The role of RBF in this context is to provide a means for the project to generate income, while also allowing the holder of the old coins or tokens to sell them for the new ones.",
"sig": "0bbd3431d23c9523637aba3deab8cf6398007ba1b28c4f737dc508d9411202475e9c8d38cc8a1ae06dcd9362a767b33e40d51e5a2a7b79c70b2a04e6be4c603f"
}