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11 sats \ 23 replies \ @ek 8h \ on: Stacker Saloon
@DarthCoin thinks you can RBF confirmed transactions 👀
credibility -100
Don't try to slander me... and interpreting my answers in the wrong way.
I know you hate me but this is not good what you are trying to do here.
Included in a block it doesn't means is "confirmed".
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I am giving you a chance to clarify what you are talking about since the way you reply to @0xbitcoiner makes us believe you think we can use RBF to create a chain split which is simply not true.
@0xbitcoiner: I am a bit lost. Isn't RBF just for transactions waiting to be confirmed (mempool)? It doesn't work after the transaction is in a block, right?@DarthCoin: If the RBF have a higher fee and a miner willing to take, it will replace the previous one.
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I didn't said you can create a chain split. I only said that you can use RBF on a tx that already have 1 confirmation (as OP asked). Chain split is another story.
Again you are trying to twist my words.
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With only one confirmation there is some chance that the block with the confirmation will get orphaned
Yes, but this has nothing to do with RBF.
In this case, your transaction will become unconfirmed again. It can re-enter the mempool. And RBF can come into play again.
Yes, RBF can only replace unconfirmed transactions. If it has only one confirmation, using RBF will not guarantee a double-spend, you would have to also hope for an orphaned block completely unrelated to RBF in which case it's unconfirmed again so RBF can work again.
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When a tx is really "confirmed"?
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This explanation is fine to me, but @DarthCoin didn't explain it this way. He just said "you can use RBF on confirmed transactions" which is wrong if you don't include the assumptions. He even linked the BIP which literally mentions it only works on unconfirmed tx instead of explaining himself better.
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We got 1 confirmation
"unconfirmed" means BEFORE being included in 6 blocks
"confirmed" means included in 6 blocks
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I see what we're disagreeing on now:
"unconfirmed" means it's not included in any block at all
"confirmed" means it was included in 6 blocks
Anything in between 1 and 6 blocks is neither confirmed nor unconfirmed.
If a tx has one confirmation, I would say it has one confirmation but it's not confirmed yet.
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I think we wrongful use this term "confirmation".
A tx really is never "confirmed", it is just included in 1 block or 1000 blocks.
We only agree that after 6 blocks all wallet apps will not let the user to do a RBF anymore, therefore, we consider it "confirmed".
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I do not understand why did you moved the discussion from OP to Saloon.
OP asked: Why isn't one confirmation enough for a bitcoin transaction?
So my answer is: because only after 6 blocks a tx can be considered "confirmed". Until then you can use RBF.
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