btcplusplus on Nostr: Replace by Fee-Rate by Peter Todd. Transaction pinning is potential threat to many ...

Replace by Fee-Rate by Peter Todd. Transaction pinning is potential threat to many multi-party protocols such as lightning. Yet it's also an economic exploit: miners are leaving money on the table. Here we'll look at replace-by-fee-rate, an incentives-based solution to pinning that both fixes the problem, and earns miners more money.

Watch now: https://youtu.be/0cXZF-9h9CU

This presentation was recorded in May 2024 in Austin, TX during bitcoin++ conference, script edition.

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