What did Bitcoin developers actually build in 2022? bitcoinoptech just published its 2022 year-end review. FrederickMunawa reports
the fund on the Bitcoin-Dev mailing list, describing it as “a nonprofit entity that aims to minimize legal headaches that discourage software developers from actively developing Bitcoin and related projects.”One topic that seemed to polarize Bitcoiners all year long was the debate over Replace-By-Fee , a feature inthat gives users the option to replace unconfirmed transactions with new transactions, as long as they’re willing to pay a higher fee for the replacement transaction.
Bob’s unconfirmed transaction is officially “stuck.” With RBF, Bob can replace his original transaction and pay a higher fee to get it accepted by a miner. Here’s where the controversy lies. According to some Bitcoin business owners, certain vendors are willing to accept riskier unconfirmed transactions because they deal with low value goods and services. Those vendors have strategically optimized their operations to minimize the risk from these zero confirmation transactions. The catch, though, is that optimization is only based on opt-in RBF and not full RBF.
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