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Episode 1: The Fee Burning Bug and Replace-By-Fee (RBF) Wallet Issues

Bitcoin Explained - The Technical Side of Bitcoin

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How to Make Bitcoin Transactions Smarter

There were news stories about RBF. So let's get into what was this news story about? Well, maybe we should start with RBF. What is RBF? What is replaced with? Okay. Basically, when you create a transaction, you don't put it in the blockchain. It's not how that goes. You actually send it to other Bitcoin nodes and they send it to others. And everybody sends it to each other in a happy circle. Eventually a minor puts your transaction in a block. Now the reason why they might want to do that is not just because they're nice. It's because they want to make most of them are nice though, aren't they?

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