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If the transaction hasn't been committed (etched into the blockchain), then isn't there a financial advantage to accepting the highest fee transaction? The pro
by eterm 9y ago
If the transaction hasn't been committed (etched into the blockchain), then isn't there a financial advantage to accepting the highest fee transaction?
The protocol doesn't matter, mempools aren't validated or shared[+], and so the validity of the chain isn't challenged by processing the higher fee.
So given that the bitcoin network is designed to be operated by greedy miners, surely one would break with "tradition" and process the second?
You might have to dig to find a route to those nodes but it should surely be possible.
[+] They're not shared as in shared-state, i.e. sync'ed.
- Klathmon 9y agoYeah, which is why many will "break ranks" and include a higher transaction fee even if there is a previous spend in the mempool. But it's playing with fire to rely on that, because without opt-in RBF it's far from a sure thing.