BIPs bitcoin improvement proposals

125 - Opt-in Full Replace-by-Fee Signaling

BIP: 125 source Layer: Applications Title: Opt-in Full Replace-by-Fee Signaling Author: David A. Harding Peter Todd Comments-Summary: No comments yet. Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0125 Status: Proposed Type: Standards Track Created: 2015-12-04 License: PD Table of ContentsAbstractSummaryImplementation DetailsReceiving wallet policySpending wallet policyMotivationDeploymentBackwards compatibilitySee alsoCopyright Abstract Many nodes today will not replace any transaction in their mempool with another transaction that spends the same inputs, making it difficult for spenders to adjust their previously-sent transactions to deal with unexpected confirmation delays or to perform other useful replacements. The opt-in full Replace-by-Fee (opt-in full-RBF) signaling policy described here allows spenders to add a signal to a transaction indicating that they want to be able to replace that transaction in the future. In response to t...