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121 sats \ 0 replies \ @kruw 28 Feb \ on: RBF vs First-Seen-Rule bitcoin
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.