Tom Harding [ARCHIVE] on Nostr: 📅 Original date posted:2023-05-11 🗒️ Summary of this message: Transactions ...
📅 Original date posted:2023-05-11
🗒️ Summary of this message: Transactions with high fees can be replaced by multiple transactions with lower fees, but they may take longer to be processed.
📝 Original message:On 5/11/23 04:02, vjudeu via bitcoin-dev wrote:
> Every transaction paying "fee > sum" can be replaced by N transactions
> paying "fee <= sum", where the sum of all fees will be the same.
These N transactions will generally have a lower feerate than the
original, and the lowest feerate of the N could be drastically lower
than the original.
As a group, in the current environment (for example), they could take
days or weeks longer to be mined than the original.
🗒️ Summary of this message: Transactions with high fees can be replaced by multiple transactions with lower fees, but they may take longer to be processed.
📝 Original message:On 5/11/23 04:02, vjudeu via bitcoin-dev wrote:
> Every transaction paying "fee > sum" can be replaced by N transactions
> paying "fee <= sum", where the sum of all fees will be the same.
These N transactions will generally have a lower feerate than the
original, and the lowest feerate of the N could be drastically lower
than the original.
As a group, in the current environment (for example), they could take
days or weeks longer to be mined than the original.