Wednesday, July 3, 2024

mempool – What points would altering the default coverage in Core to mempoolfullrbf=1 resolve and which of the present coverage proposals could be simplified?

This can be a work in progress reply. As all the time different solutions are welcome.

The -mempoolfullrbf possibility when set to 1 ignores RBF signaling and assumes each transaction may be RBFed. This selection was launched in Bitcoin Core v24.0 though it was off by default in 24.0. For extra dialogue on the introduction of the mempoolfullrbf possibility see this query.

If the default mempool coverage in Core was set to mempoolfullrbf=1 then one would assume that inside 1-2 years the vast majority of Core nodes (and the vast majority of nodes on the community) could be working this coverage (once they replace to a brand new model). After all customers have the choice to vary from the default however in actuality most appear to run with coverage defaults.

The V3 Coverage proposal introduces an extra algorithm to current standardness and coverage guidelines (V2 Coverage?). This consists of RBF signaling so it appears to be continuing assuming that transactions do nonetheless must sign that they’re replaceable and we aren’t assuming a community of nodes working the mempoolfullrbf=1 possibility. Even when the vast majority of the community was working that possibility one would assume there could be a minority of the community checking RBF signaling guidelines had been being utilized accurately.

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