👉 Bitcoin Optech #254

  • summarizes discussion about using MATT for joinpools and OP_CTV functions
  • includes ‘Waiting for confirmation #4: Feerate estimation’ from our series about tx relay & mempool inclusion

Last week, we explored techniques for minimizing the fees paid on a transaction given a feerate. But what should that feerate be? Ideally, as low as possible to save money, but high enough to secure a spot in a block suitable for the user’s time preference.
The goal of fee(rate) estimation is to translate a target timeframe for confirmation to a minimal feerate the transaction should pay.