Replace-by-fee is a feature that allows users to replace a previous transaction fee with a new, higher one, ensuring that the transaction is selected and processed more quickly by miners.
Did you know that you can change a Bitcoin transaction fee to ensure it is processed faster by miners? Replace-By-Fee is a fascinating feature, yet few people are aware of it or know how to use it.In this article, you will learn what Replace-By-Fee is, how it works, and how to use it.Are you ready?!Table of Contents
- How do Bitcoin transactions work?
- What is Replace-by-fee (RBF)?
- How does Replace-by-fee work?
- Which wallets support RBF?
- How to use Replace-by-fee?
- Benefits of Replace-by-fee
- Conclusion
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