Mempool Incentive Compatibility

[ganava]

@murch

My example entails a negligible cost to the attacker while permitting continuous resubmission of essentially the same transaction cycle. The collection of transaction has a substantially larger total weight than the data that is ever up for inclusion in the blocks and hence severely underpays for relay to the detriment of the entire network’s bandwith-usage. I hope studying my write-up would help substantiate why transaction replacements must increase the total fees in the mempool.

Didn’t Todd fix that infinite cycle issue? I’m trying out Libre Relay and my node doesn’t seem to be getting attacked. The fix seems pretty simple: [bitcoin-dev] One-Shot Replace-By-Fee-Rate