Cryptocurrency Q&A
What is RBF Bitcoin?
What is RBF Bitcoin?
KpopHarmonySoul
Sat Dec 07 2024
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7
answers
1711
I'm curious about a term I encountered in the Bitcoin context, RBF. Could someone explain what RBF Bitcoin is and how it relates to the cryptocurrency world?
7 answers
DongdaemunTrendsetting
Mon Dec 09 2024
It grants users the capability to replace transactions that are still unconfirmed.
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MysticRainbow
Mon Dec 09 2024
With RBF, an unconfirmed transaction can be rebroadcasted with an increased fee attached.
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Michele
Mon Dec 09 2024
The higher fee is intended to incentivize miners to prioritize the transaction.
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Valeria
Mon Dec 09 2024
Replace-By-Fee (RBF) serves as a useful feature within the Bitcoin network.
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Elena
Mon Dec 09 2024
Miners are more likely to process transactions with higher fees as they earn more rewards.
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