Cryptocurrency Q&A
What is the RBF status of Bitcoin?
What is the RBF status of Bitcoin?
MountFujiMystic
Mon Nov 25 2024
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7
answers
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I'm interested in learning about the current status of Bitcoin's Replace-by-Fee (RBF) feature. I want to know if it's widely used, any issues or updates related to it, and its overall impact on Bitcoin transactions.
7 answers
EclipseRider
Wed Nov 27 2024
Specifically, the sender can replace the existing transaction with a new version.
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henry_rose_scientist
Wed Nov 27 2024
The new version of the transaction must have a higher transaction fee.
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MichaelSmith
Wed Nov 27 2024
RBF is an acronym that stands for Replace-By-Fee.
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CryptoPioneer
Wed Nov 27 2024
By utilizing RBF, senders can essentially bump up the fee amount.
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KatanaBlade
Wed Nov 27 2024
It is a unique feature incorporated within the Bitcoin network.
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