Hello John, On 17.10.22 02:23, John Carvalho via bitcoin-dev wrote: > Simply, 0conf acceptance can be monitored and enforced by the merchant and exposure to doublespends can be both mitigated and limited in size per block. It is less expensive to be double-spent occasionally than to have a delayed checkout experience. Responsible 0conf acceptance is both rational and trusting. 29% of all transactions explicitly signal replaceability (see https://transactionfee.info/charts/transactions-signaling-explicit-rbf/), trend rising. If ignoring risk is an acceptable approach now, why would it no longer work when the remaining 71% of transactions also became subject to replaceability? On 17.10.22 02:23, John Carvalho via bitcoin-dev wrote: > Now RBF just kinda haunts us as the establishment keeps baking it deeper and deeper into Bitcoin, despite almost no one using it, and despite it having negative consequences on more popular use cases. How can RBF at the same time be hardly used as well as an incalculable risk? Fact of the matter is that one can neither rely on having seen all transactions that miners are considering for their block templates, nor that a replacement be received by the miners before the original is picked into a block. We're between seats: first-seen is an unstable gentlemen's agreement, inevitable to fail eventually once a few defect. Meanwhile propping up the illusion of "reliable payment promises" is hampering price discovery of blockspace and complicating protocol development. By converging on the inevitable outcome and facilitating replaceability for all transactions, we can rip off the band-aid rather than suffer uncertainty indefinitely—even if it requires some to honestly reassess their business approach in light of the natural modus operandi of Bitcoin's gossip system. Cheers, Murch