Dive into the world of Bitcoin's relay policies and discover how miners are revolting against core restrictions. This video explores the controversial topics of full RBF, inscriptions, and out-of-band transactions, revealing how these practices are reshaping the Bitcoin network. Learn about the economic incentives driving miners to adopt new policies and the potential future of Bitcoin transactions with replace-by-fee-rate. Featuring insights on Libra Relay, transaction pinning, and the delicate balance between censorship resistance and network stability, this video is essential viewing for anyone interested in the technical and economic aspects of Bitcoin's evolution.
Bitcoin mining profitability is affected by equipment and electricity costs, the mining difficulty, and bitcoin's market value.