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Replace By Fee (RBF)

bitcoin · policy · fees

A mempool policy that can accept a conflicting unconfirmed transaction when the replacement satisfies fee and relay rules.

1.general

Replace By Fee (RBF) lets a node replace an unconfirmed mempool transaction with a conflicting version under defined policy rules. Wallets commonly use it to raise the fee of a delayed payment.

2.policies

BIP125 described opt-in signaling through transaction sequence numbers. Full-RBF policy evaluates replacements even when the original did not signal. Bitcoin Core changed its defaults over time, so "RBF" should not be treated as one permanent network-wide rule.

3.risk

RBF is a fee-management tool and a reminder that mempool acceptance is not settlement. A receiver delivering irreversible value before confirmation should assess conflicts, transaction value, network policy, and available double-spend detection.

BIP125: Opt-in Full Replace-by-Fee Signaling

Related terms

All terms and definitions may update as the Cryptionary improves.