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Date: Fri, 25 Oct 2013 06:29:57 -0700
From: Mark Friedenbach <mark@monetize.io>
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To: Andreas Petersson <andreas@petersson.at>,
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Subject: Re: [Bitcoin-development] Making fee estimation better
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-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
There's no reason the signing can't be done all at once. The wallet
app would create and sign three transactions, paying avg-std.D, avg,
and avg+std.D fee. It just waits to broadcast the latter two until it
has to.
On 10/25/13 5:02 AM, Andreas Petersson wrote:
>
>
>> Worth thinking about the whole ecosystem of wallets involved;
>> they all have to handle double-spends gracefully to make tx
>> replacement of any kind user friendly. We should try to give
>> people a heads up that this is coming soon if that's your
>> thinking.
>
> If there is a situation where wallets are supposed to constantly
> monitor the tx propagation and recreate their transactions with
> different fees, this would make a lot of usecases inconvenient.
> half-offline bluetooth transactions, users with unstable
> connections, battery power lost, etc, etc. - and last but not least
> power concerns on hardware wallets on the bitcoincard (tx signing
> drains a significant amount of power and should therefore only be
> done once)
>
> -Andreas
>
> ------------------------------------------------------------------------------
>
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>
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> Bitcoin-development@lists.sourceforge.net
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