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31 sats \ 23 replies \ @DarthCoin 10h \ on: Why isn't one confirmation enough for a bitcoin transaction? bitcoin_beginners
In fact it is. But is much easier and cost less to do a RBF (revert) on it than 6 confirmations. After 6 confirmations is almost impossible to revert it.
In fact it is. But is much easier and cost less to do a RBF (revert) on it than 6 confirmations.
I'm a bit lost. Isn't RBF just for transactions waiting to be confirmed (mempool)? It doesn't work after the transaction is in a block, right?
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If the RBF have a higher fee and a miner willing to take, it will replace the previous one.
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I'm not 'concerned' about the mempool stage, but rather the post-confirmation period (1 confirmation). Just to be clear, 2 confirmations indicate the existence of one block subsequent to the block containing the transaction.
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It's not about unconfirmed transactions. RBF is only for unconfirmed transactions waiting in the mempool.
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There is nothing of interest here, just @DarthCoin not being able to read.
He probably thinks double-spend always means a confirmed transaction was reverted but the article explicitly mentions that this is about manual RBF which changes the output on unconfirmed transactions.
In case of manual RBF we can specify totally different destination addresses, which can be considered a doublespend.
This is only a doublespend if the receiver accepted a tx with 0 confirmations.
My main question it's not about unconfirmed transactions. RBF is only for unconfirmed transactions waiting in the mempool. I'm talking about mined transactions.
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You can do RBF on a confirmed tx but not with 6 confirmations.
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We got 1 confirmation
unconfirmed = not yet included in 6 blocks
confirmed = included in 6 blocks
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