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David A. Harding /
npub1syl…6ksu
2023-05-08 18:18:33

David A. Harding on Nostr: Status update #2 on Mastering Bitcoin, 3rd edition: I sent my editor the first draft ...

Status update #2 on Mastering Bitcoin, 3rd edition: I sent my editor the first draft of Chapter 9 about transaction fees. This chapter consists of 90% new material. It describes the basic principles of Bitcoin's fee (block space) market, fee estimation, fee bumping (both CPFP and RBF, with a infobox about opt-in RBF vs full RBF), transaction pinning, CPFP carve out, and package relay. Sections from the previous edition's Transactions chapter about fees being implicit in a transaction and (anti) fee sniping are moved to this chapter.

This is the last planned major change from the 2nd edition, so I'm hoping to finish the remaining chapters pretty quick.

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