From: Peter Todd <pete@petertodd•org>
To: Henning Kopp <henning.kopp@uni-ulm•de>
Cc: bitcoin-dev@lists•linuxfoundation.org
Subject: Re: [bitcoin-dev] consensus rule change for TX fee safety
Date: Thu, 3 Mar 2016 10:28:36 -0500 [thread overview]
Message-ID: <20160303152836.GA27932@savin.petertodd.org> (raw)
In-Reply-To: <20160303150418.GA2341@banane.informatik.uni-ulm.de>
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On Thu, Mar 03, 2016 at 04:04:18PM +0100, Henning Kopp via bitcoin-dev wrote:
> Hi,
> I think there is no need to do a hardfork for this. Rather it should
> be implemented as a safety-mechanism in the client. Perhaps a warning
> can pop up, if one of your conditions A) or B) is met.
Bitcoin Core already implements this safety limit with the "absurd fee"
limit of 10000 * the minimum relay fee. This limit is active in both the
wallet and the sendrawtransaction RPC call. Additionally for the wallet
there is a user configurable -maxtxfee option to limit fees set by the
wallet which currently defaults to 0.1 BTC.
--
https://petertodd.org 'peter'[:-1]@petertodd.org
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next prev parent reply other threads:[~2016-03-03 15:30 UTC|newest]
Thread overview: 7+ messages / expand[flat|nested] mbox.gz Atom feed top
2016-03-03 13:02 Alice Wonder
2016-03-03 15:04 ` Henning Kopp
2016-03-03 15:28 ` Peter Todd [this message]
2016-03-03 15:55 ` Marco Falke
2016-03-03 15:36 ` Jorge Timón
2016-03-03 16:38 ` Dave Scotese
2016-03-03 15:29 ` Jonas Schnelli
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