SequenceLocks functions are used to evaluate sequence lock times or heights per BIP 68.
The majority of this code is copied from maaku in #6312
Further credit: btcdrak, sipa, NicolasDorier
Since unspendable outputs can't be spent, there is no threshold at which it would be uneconomic to spend them.
This primarily targets transaction outputs with `OP_RETURN`.
---
Initially based on:
commit 9cf0ae26350033d43d5dd3c95054c0d1b1641eda
Author: zathras-crypto <zathrasc@gmail.com>
Date: Wed Mar 25 02:04:02 2015 -0700
Changes:
- cherry-picked on top of bitcoin:master
- added RPC test for fundrawtransaction
CTransAction::IsEquivalentTo was introduced in #5881.
This functionality is only useful to the wallet, and should never have
been added to the primitive transaction type.
Define CTransaction::IsEquivalentTo(const CTransaction& tx)
True if only scriptSigs are different. In other words, true if
the two transactions are malleability clones. In other words,
true if the two transactions have the same effect on the
outside universe.
In the wallet, only SyncMetaData for equivalent transactions.
Move the txid duplicates check into BuildMerkleTree, where it can be done
much more efficiently (without needing to build a full txid set to detect
duplicates).
The previous version (using the std::set<uint256> to detect duplicates) was
also slightly too weak. A block mined with actual duplicate transactions
(which is invalid, due to the inputs of the duplicated transactions being
seen as double spends) would trigger the duplicates logic, resulting in the
block not being stored on disk, and rerequested. This change fixes that by
only triggering in the case of duplicated transactions that can actually
result in an identical merkle root.
Thanks to Pieter Wuille for most of the work on this commit.
I did not fixup the overhaul commit, because a rebase conflicted
with "remove fields of ser_streamplaceholder".
I prefer not to risk making a mistake while resolving it.
The implementation of each class' serialization/deserialization is no longer
passed within a macro. The implementation now lies within a template of form:
template <typename T, typename Stream, typename Operation>
inline static size_t SerializationOp(T thisPtr, Stream& s, Operation ser_action, int nType, int nVersion) {
size_t nSerSize = 0;
/* CODE */
return nSerSize;
}
In cases when codepath should depend on whether or not we are just deserializing
(old fGetSize, fWrite, fRead flags) an additional clause can be used:
bool fRead = boost::is_same<Operation, CSerActionUnserialize>();
The IMPLEMENT_SERIALIZE macro will now be a freestanding clause added within
class' body (similiar to Qt's Q_OBJECT) to implement GetSerializeSize,
Serialize and Unserialize. These are now wrappers around
the "SerializationOp" template.
- ensures a consistent usage in header files
- also add a blank line after the copyright header where missing
- also remove orphan new-lines at the end of some files
The wallet now uses the mempool fee estimator with a new
command-line option: -txconfirmtarget (default: 1) instead
of using hard-coded fees or priorities.
A new bitcoind that hasn't seen enough transactions to estimate
will fall back to the old hard-coded minimum priority or
transaction fee.
-paytxfee option overrides -txconfirmtarget.
Relaying and mining code isn't changed.
For Qt, the coin control dialog now uses priority estimates to
label transaction priority (instead of hard-coded constants);
unspent outputs were consistently labeled with a much higher
priority than is justified by the free transactions actually
being accepted into blocks.
I did not implement any GUI for setting -txconfirmtarget; I would
suggest getting rid of the "Pay transaction fee" GUI and replace
it with either "target number of confirmations" or maybe
a "faster confirmation <--> lower fee" slider or select box.
Allows network wallets and other clients to see transactions that respend
a prevout already spent in an unconfirmed transaction in this node's mempool.
Knowledge of an attempted double-spend is of interest to recipients of the
first spend. In some cases, it will allow these recipients to withhold
goods or services upon being alerted of a double-spend that deprives them
of payment.
As before, respends are not added to the mempool.
Anti-Denial-of-Service-Attack provisions:
- Use a bloom filter to relay only one respend per mempool prevout
- Rate-limit respend relays to a default of 100 thousand bytes/minute
- Define tx2.IsEquivalentTo(tx1): equality when scriptSigs are not considered
- Do not relay these equivalent transactions
Remove an unused variable declaration in txmempool.cpp.
New RPC methods: return an estimate of the fee (or priority) a
transaction needs to be likely to confirm in a given number of
blocks.
Mike Hearn created the first version of this method for estimating fees.
It works as follows:
For transactions that took 1 to N (I picked N=25) blocks to confirm,
keep N buckets with at most 100 entries in each recording the
fees-per-kilobyte paid by those transactions.
(separate buckets are kept for transactions that confirmed because
they are high-priority)
The buckets are filled as blocks are found, and are saved/restored
in a new fee_estiamtes.dat file in the data directory.
A few variations on Mike's initial scheme:
To estimate the fee needed for a transaction to confirm in X buckets,
all of the samples in all of the buckets are used and a median of
all of the data is used to make the estimate. For example, imagine
25 buckets each containing the full 100 entries. Those 2,500 samples
are sorted, and the estimate of the fee needed to confirm in the very
next block is the 50'th-highest-fee-entry in that sorted list; the
estimate of the fee needed to confirm in the next two blocks is the
150'th-highest-fee-entry, etc.
That algorithm has the nice property that estimates of how much fee
you need to pay to get confirmed in block N will always be greater
than or equal to the estimate for block N+1. It would clearly be wrong
to say "pay 11 uBTC and you'll get confirmed in 3 blocks, but pay
12 uBTC and it will take LONGER".
A single block will not contribute more than 10 entries to any one
bucket, so a single miner and a large block cannot overwhelm
the estimates.
Use CFeeRate instead of an int64_t for quantities that are
fee-per-size.
Helps prevent unit-conversion mismatches between the wallet,
relaying, and mining code.
The last fee drop was by 5x (from 50k satoshis to 10k satoshis)
in the 0.8.2 release which was about 6 months ago.
The current fee is (assuming a $500 exchange rate) about 5 dollar
cents. The new fee after this patch is 0.5 cents.
Miners who prefer the higher fees are obviously still able to
use the command line flags to override this setting. Miners who
choose to create smaller blocks will select the highest-fee paying
transactions anyway.
This would hopefully be the last manual adjustment ever required
before floating fees become normal.
Bob McElrath