Bitcoin Core v28.0 Unleashes Full RBF as Default

IconCryptoNewsTerminal Staff06 Aug, 2024

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Bitcoin Core v28.0 Unleashes Full RBF as Default

Bitcoin Core developer Peter Todd proudly announced via Twitter that "Full Replace by Fee (RBF) is now the default in Bitcoin Core v28.0." This significant upgrade empowers users with greater flexibility and enhanced security in their transactions. Full RBF allows for the replacement of unconfirmed transactions with higher transaction fees, incentivizing miners to prioritize these transactions and potentially increasing miner revenue. Furthermore, full RBF plays a crucial role in mitigating the risk of double spending by enabling users to broadcast a new transaction with a higher fee, effectively invalidating any attempts at double-spending the original transaction. This feature strengthens the security and integrity of the Bitcoin network. Additionally, full RBF contributes to enhanced privacy by breaking the link between the sender and receiver's addresses. The replacement transaction utilizes a different address, making it more challenging to trace the flow of funds, thereby bolstering user privacy. The introduction of full RBF as the default in Bitcoin Core v28.0 marks a significant advancement in the Bitcoin ecosystem, offering users greater control, security, and privacy in their transactions.