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authorJeff Garzik <jgarzik@bitpay.com>2014-08-05 13:48:18 -0400
committerbitcoindev <bitcoindev@gnusha.org>2014-08-05 17:48:45 +0000
commitc181243ef9d9240587cf9be71af8075c4c14811c (patch)
tree6c41f1f7578cb5ad96e91aa4cd09a9ca39223c84
parent4cb801c9393d91251c870ab79de706cefc80c22a (diff)
downloadpi-bitcoindev-c181243ef9d9240587cf9be71af8075c4c14811c.tar.gz
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Re: [Bitcoin-development] deterministic transaction expiration
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+From: Jeff Garzik <jgarzik@bitpay.com>
+Date: Tue, 5 Aug 2014 13:48:18 -0400
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+Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
+Subject: Re: [Bitcoin-development] deterministic transaction expiration
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+
+Glad this was brought up.
+
+Transaction expiration is something that I have wanted to see happen in
+bitcoin for a long, long time. The user experience of unconfirming
+transactions setting around in limbo is just horrible. Bitcoin software by
+necessity has gotten better about attaching fees so this sort of behavior
+is uncommon, but that does not eliminate the problem.
+
+Of course, we cannot presume that a transaction will truly disappear -- The
+Internet Never Forgets -- but given a bit of mempool adjusting, we can
+achieve the next best thing: the majority of the network "forgets" the
+transaction and becomes willing to relay a respend of some or all of the
+inputs. This uses existing client logic where the client must rebroadcast
+a transaction until it is confirmed.
+
+In general, if a transaction has not made it into a block within 144*X
+blocks, there is _some_ reason it is getting rejected by the miners.
+
+The mempool janitor is a garbage collector design. This is inferior to the
+"superblock" model described at
+https://github.com/bitcoin/bitcoin/issues/3723 Other models can also
+achieve similar results.
+
+There are a lot of issues tied together here: transaction expiration, the
+desire to cap the mempool ram usage, scalability, DoS prevention, ...
+mempool ties a lot together.
+
+--
+Jeff Garzik
+Bitcoin core developer and open source evangelist
+BitPay, Inc. https://bitpay.com/
+
+--089e015366822eae5504ffe57711
+Content-Type: text/html; charset=UTF-8
+Content-Transfer-Encoding: quoted-printable
+
+<div dir=3D"ltr"><div><div><div><div>Glad this was brought up.<br><br></div=
+>Transaction expiration is something that I have wanted to see happen in bi=
+tcoin for a long, long time.=C2=A0 The user experience of unconfirming tran=
+sactions setting around in limbo is just horrible.=C2=A0 Bitcoin software b=
+y necessity has gotten better about attaching fees so this sort of behavior=
+ is uncommon, but that does not eliminate the problem.<br>
+
+<br></div>Of course, we cannot presume that a transaction will truly disapp=
+ear -- The Internet Never Forgets -- but given a bit of mempool adjusting, =
+we can achieve the next best thing:=C2=A0 the majority of the network &quot=
+;forgets&quot; the transaction and becomes willing to relay a respend of so=
+me or all of the inputs.=C2=A0 This uses existing client logic where the cl=
+ient must rebroadcast a transaction until it is confirmed.<br>
+
+<br></div>In general, if a transaction has not made it into a block within =
+144*X blocks, there is _some_ reason it is getting rejected by the miners.<=
+br><br></div>The mempool janitor is a garbage collector design.=C2=A0 This =
+is inferior to the &quot;superblock&quot; model described at <a href=3D"htt=
+ps://github.com/bitcoin/bitcoin/issues/3723">https://github.com/bitcoin/bit=
+coin/issues/3723</a>=C2=A0=C2=A0 Other models can also achieve similar resu=
+lts.<br>
+
+<div><div class=3D"gmail_extra"><br></div><div class=3D"gmail_extra">There =
+are a lot of issues tied together here:=C2=A0 transaction expiration, the d=
+esire to cap the mempool ram usage, scalability, DoS prevention, ...=C2=A0=
+=C2=A0 mempool ties a lot together.<br clear=3D"all">
+
+<br>-- <br>Jeff Garzik<br>Bitcoin core developer and open source evangelist=
+<br>BitPay, Inc. =C2=A0 =C2=A0 =C2=A0<a href=3D"https://bitpay.com/" target=
+=3D"_blank">https://bitpay.com/</a>
+</div></div></div>
+
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+
+