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Date: Thu, 3 Mar 2016 10:28:36 -0500
From: Peter Todd <pete@petertodd.org>
To: Henning Kopp <henning.kopp@uni-ulm.de>
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Subject: Re: [bitcoin-dev] consensus rule change for TX fee safety
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On Thu, Mar 03, 2016 at 04:04:18PM +0100, Henning Kopp via bitcoin-dev wrot=
e:
> Hi,
> I think there is no need to do a hardfork for this. Rather it should
> be implemented as a safety-mechanism in the client. Perhaps a warning
> can pop up, if one of your conditions A) or B) is met.
Bitcoin Core already implements this safety limit with the "absurd fee"
limit of 10000 * the minimum relay fee. This limit is active in both the
wallet and the sendrawtransaction RPC call. Additionally for the wallet
there is a user configurable -maxtxfee option to limit fees set by the
wallet which currently defaults to 0.1 BTC.
--=20
https://petertodd.org 'peter'[:-1]@petertodd.org
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