[Bitcoin-development] Making fee estimation better

Mark Friedenbach mark at monetize.io
Fri Oct 25 13:29:57 UTC 2013


-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

There's no reason the signing can't be done all at once. The wallet
app would create and sign three transactions, paying avg-std.D, avg,
and avg+std.D fee. It just waits to broadcast the latter two until it
has to.

On 10/25/13 5:02 AM, Andreas Petersson wrote:
> 
> 
>> Worth thinking about the whole ecosystem of wallets involved;
>> they all have to handle double-spends gracefully to make tx
>> replacement of any kind user friendly. We should try to give
>> people a heads up that this is coming soon if that's your
>> thinking.
> 
> If there is a situation where wallets are supposed to constantly
> monitor the tx propagation and recreate their transactions with
> different fees, this would make a lot of usecases inconvenient. 
> half-offline bluetooth transactions, users with unstable
> connections, battery power lost, etc, etc. - and last but not least
> power concerns on hardware wallets on the bitcoincard (tx signing
> drains a significant amount of power and should therefore only be
> done once)
> 
> -Andreas
> 
> ------------------------------------------------------------------------------
>
> 
October Webinars: Code for Performance
> Free Intel webinars can help you accelerate application
> performance. Explore tips for MPI, OpenMP, advanced profiling, and
> more. Get the most from the latest Intel processors and
> coprocessors. See abstracts and register > 
> http://pubads.g.doubleclick.net/gampad/clk?id=60135991&iu=/4140/ostg.clktrk
>
> 
_______________________________________________
> Bitcoin-development mailing list 
> Bitcoin-development at lists.sourceforge.net 
> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
> 
-----BEGIN PGP SIGNATURE-----
Version: GnuPG/MacGPG2 v2.0.19 (Darwin)
Comment: GPGTools - http://gpgtools.org
Comment: Using GnuPG with Thunderbird - http://www.enigmail.net/
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=BjIH
-----END PGP SIGNATURE-----




More information about the bitcoin-dev mailing list