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From: Richard Moore <me@ricmoo•com>
To: bitcoin-dev@lists•linuxfoundation.org
Subject: [bitcoin-dev] Why not Child-Pays-For-Parent?
Date: Fri, 10 Jul 2015 12:09:43 -0400	[thread overview]
Message-ID: <6D3AACE5-D6CD-4785-8A55-F6DF0B94D927@ricmoo.com> (raw)

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Hey guys,

With all the recent congestion and discussion regarding FSS-RBF, I was wondering if there good reasons not to have CPFP as a default policy? Or is it?

I was also wondering, with CPFP, should the transaction fee be based on total transactions size, or the sum of each transaction’s required fee? For example, a third transaction C whose unconfirmed utxo from transaction B has an unconfirmed utxo in transaction A (all of A’s inputs are confirmed), with each A, B and C being ~300bytes, should C’s transaction fee be 0.0001 btc for the ~1kb it is about to commit to the blockchain, or 0.0003 btc for the 3 transactions it is going to commit.

I tried to test it out a few days ago, sending 0.0008 btc without any fee, then that utxo into another transaction w/ 0.0001 btc. It still hasn’t confirmed, which could be any of: a) CPFP doesn’t have enough hash power, b) the amounts are too small, c) the coins are too new, d) the fee should have actually been 0.0002 btc, e) the congestion is just too great; or some combination.

Just curious as whatnot…

Thanks,
RicMoo

.·´¯`·.¸¸.·´¯`·.¸¸.·´¯`·.¸¸.·´¯`·.¸¸.·´¯`·.¸><(((º>

Richard Moore ~ Founder
Genetic Mistakes Software inc.
phone: (778) 882-6125
email: ricmoo@geneticmistakes•com <mailto:ricmoo@geneticmistakes•com>
www: http://GeneticMistakes.com <http://geneticmistakes.com/>

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next             reply	other threads:[~2015-07-10 16:09 UTC|newest]

Thread overview: 17+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-07-10 16:09 Richard Moore [this message]
2015-07-10 16:13 ` Jeff Garzik
2015-07-10 16:25   ` Richard Moore
2015-07-10 16:26     ` Dan Bryant
2015-07-10 16:28 ` Tier Nolan
2015-07-10 16:31   ` Jeff Garzik
2015-07-10 17:02     ` Justus Ranvier
2015-07-10 17:16       ` Dan Bryant
2015-07-10 17:51       ` Alex Morcos
2015-07-10 19:39         ` Tier Nolan
2015-07-10 21:10           ` Luke Dashjr
2015-07-11 20:28             ` Micha Bailey
2015-07-11 21:30               ` Dan Bryant
2015-07-11 22:29                 ` Jeff Garzik
2015-07-12 10:18                   ` Matt Whitlock
2015-07-11 23:19                 ` Tier Nolan
2015-07-10 17:28     ` Tier Nolan

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