You can not select more than 25 topics Topics must start with a letter or number, can include dashes ('-') and can be up to 35 characters long.
 
 
 
 
 
 

3.1 KiB

(note: this is a temporary file, to be added-to by anybody, and moved to release-notes at release time)

Transaction fee changes

This release automatically estimates how high a transaction fee (or how high a priority) transactions require to be confirmed quickly. The default settings will create transactions that confirm quickly; see the new 'txconfirmtarget' setting to control the tradeoff between fees and confirmation times.

Prior releases used hard-coded fees (and priorities), and would sometimes create transactions that took a very long time to confirm.

New Command Line Options

-txconfirmtarget=n : create transactions that have enough fees (or priority) so they are likely to confirm within n blocks (default: 1). This setting is over-ridden by the -paytxfee option.

New RPC methods

Fee/Priority estimation

estimatefee nblocks : Returns approximate fee-per-1,000-bytes needed for a transaction to be confirmed within nblocks. Returns -1 if not enough transactions have been observed to compute a good estimate.

estimatepriority nblocks : Returns approximate priority needed for a zero-fee transaction to confirm within nblocks. Returns -1 if not enough free transactions have been observed to compute a good estimate.

Statistics used to estimate fees and priorities are saved in the data directory in the 'fee_estimates.dat' file just before program shutdown, and are read in at startup.

Double-Spend Relay and Alerts

VERY IMPORTANT: It has never been safe, and remains unsafe, to rely on unconfirmed transactions.

Relay

When an attempt is seen on the network to spend the same unspent funds more than once, it is no longer ignored. Instead, it is broadcast, to serve as an alert. This broadcast is subject to protections against denial-of-service attacks.

Wallets and other bitcoin services should alert their users to double-spends that affect them. Merchants and other users may have enough time to withhold goods or services when payment becomes uncertain, until confirmation.

Bitcoin Core Wallet Alerts

The Bitcoin Core wallet now makes respend attempts visible in several ways.

If you are online, and a respend affecting one of your wallet transactions is seen, a notification is immediately issued to the command registered with -respendnotify=<cmd>. Additionally, if using the GUI:

  • An alert box is immediately displayed.
  • The affected wallet transaction is highlighted in red until it is confirmed (and it may never be confirmed).

A respendsobserved array is added to gettransaction, listtransactions, and listsinceblock RPC results.

Warning

If you rely on an unconfirmed transaction, these change do VERY LITTLE to protect you from a malicious double-spend, because:

  • You may learn about the respend too late to avoid doing whatever you were being paid for
  • Using other relay rules, a double-spender can craft his crime to resist broadcast
  • Miners can choose which conflicting spend to confirm, and some miners may not confirmg the first acceptable spend they see