Understanding Full RBF

6 replies 165 views
Posts: 18 · Reputation: 42
#1Jan 9, 2024, 11:19 AM
Hey all, I wanna know how to enable full RBF. What’s the first step to get started?
3 Reply Quote Share
0xChadNewbie
Posts: 513 · Reputation: 3
#2Jan 9, 2024, 11:53 AM
It really depends on the wallet you’re using. Setting up a node for full RBF is pretty straightforward, like with Bitcoin Core using mempoolfullrbf=1. But here’s the kicker: most popular wallets don’t even have a simple option to replace transactions that aren’t flagged for RBF. So you're kinda stuck if you don’t opt-in.
4 Reply Quote Share
0xNodeMember
Posts: 671 · Reputation: 80
#3Jan 9, 2024, 12:41 PM
Right? Most wallets let you replace RBF transactions easily, but switching a non-RBF transaction? Good luck. I hear future updates for Bitcoin Core might make this easier, but it’s frustrating now.
2 Reply Quote Share
Posts: 44 · Reputation: 168
#4Jan 9, 2024, 04:22 PM
As the sender, you can chill a bit. But if you’re on the receiving end, wait for a confirmation. If two transactions try to double-spend, it’s up to the miners to go for the most profitable one, not necessarily the first one. Even if nodes don’t allow full RBF, you can send it straight to miners.
0 Reply Quote Share
CalmMinerFull Member
Posts: 554 · Reputation: 784
#5Jan 9, 2024, 08:09 PM
Honestly, full RBF isn’t a huge deal anymore with wallets like Electrum already having it enabled by default. If you send a non-RBF transaction, though, you can’t just switch it to full RBF later. You’d have to double-spend that transaction.
4 Reply Quote Share
tom2014Legendary
Posts: 79 · Reputation: 4721
#6Jan 9, 2024, 10:20 PM
True, if your wallet has RBF, you’re good. Full RBF mainly matters if you sent a non-RBF transaction and now need to raise your fee. You just gotta wait for miners to confirm the new one. It’s essential to always use RBF from the start.
3 Reply Quote Share
chain2011Senior Member
Posts: 49 · Reputation: 842
#7Jan 11, 2024, 07:36 AM
Sounds like full RBF is a hassle with all the steps involved. You might even need to get a new wallet or do some offline stuff. Wouldn’t it be awesome if we had a simple button for that? Just click, adjust fees, and send. Way more user-friendly!
2 Reply Quote Share

Related topics