RBF vs First-Seen-Rule \ stacker news ~bitcoin

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179 sats \ 3 comments \ @fiatbad 27 Feb bitcoin

I wasn't involved during The Blocksize War, and I've spent the last few years reading the leading books about it. Roger Ver suggests that RBF plays an important role in the alleged "hijacking" of Bitcoin.

But he does a poor job of defending his case, as is his fashion. It seems like conspiracy and pattern recognition, stemming from his personal bias.

Still, I'm very interested in the technical aspects of it. I fully understand how RBF and FSR work. What I am trying to find now are any technical developer-level discussions about RBF vs FSR. I want to read the debate from the people fighting it out at the time.

Can anyone here recommend a blog post or podcast that discusses this topic in depth? Or an old reddit thread where the topic was debated well on both sides?

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219 sats \ 1 reply \ @freetx 28 Feb

Here is an early debate that can lead you into more links of other discussions.

https://www.reddit.com/r/Bitcoin/comments/3ul1kb/peter_todds_rbf_replacebyfee_goes_against_one_of/

21 sats \ 0 replies \ @fiatbad OP 28 Feb

Thank you!

This is an absolute gold mine of information on the topic. More than I could have hoped for.

121 sats \ 0 replies \ @kruw 28 Feb

Still, I'm very interested in the technical aspects of it.

It's not technical, it's entirely economic: If there are transactions in the mempool that double spend the same coin, rational miners have an incentive to confirm the one that pays the highest fee rate.

FSR proponents are simply retards - They propose miners should always confirm the transaction they saw first and censor conflicting transactions that pay higher fee rates.