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  • Ethereum: How to enable replace-by-fee via command-line in bitcoin-core?

    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?

    Ethereum: How to enable replace-by-fee via command-line in bitcoin-core?

    Before

    .

    .

    Enabling replace-by-fee in Bitcoin-Core

    To enable replace-by-fee via command-line in Bitcoin-core, you’ll need to:

    • Download a Bitcoin Core Wallet: You can download a bitcoin Core Wallet from the official website.

    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.

    • Here’s an example command:

    `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.