Enabling replace-by-fee via command-line in Bitcoin-core
Replace-by-Fee (RBF) is a fascinating feature that allows users to incentivize validators on the Ethereum network to secure the network by providing a fee for their work. If you are new to rbf, this article will guide you through the process of enabling it in your bitcoin-core wallet.
Why replace-by-fee?
Before
.
.
Enabling replace-by-fee in Bitcoin-Core
To enable replace-by-fee via command-line in Bitcoin-core, you’ll need to:
2.
. Here’s an example command:
`bash
Bitcoincore -Cutoff = 1000000 -CRITERIAN = “FEE> 1” -C
`
This command sets the cutoff fee to $ 1,000 and enables rbf. The -Cutoff
option specifies the maximum fee for a block to be considered” cut off, “while the-Criterian
option defines the condition under which a validator’s fee is deemed too low.
`bash
Bitcoincore -C -Cutoff = 1000000 -CRITERIAN = “FEE> 1” -R
`
This command enables replace-by-fee in Bitcoin-core.
Note: Be aware of any potential security implications and back up your wallet before making changes.
By following these steps, you are successfully enabled replace-by-fee via command-line in your bitcoin-core Wallet. This feature is now live, and its benefits will be felt by all participants on the Ethereum network.