👉 Bitcoin Optech #258

  • includes ‘Waiting for confirmation #8: Policy as an Interface’ from our series about policies for transaction relay & mempool inclusion

So far in this series, we have explored the motivations and challenges associated with decentralized transaction relay, leading to a local and global need for transaction validation rules more restrictive than consensus. Since transaction relay policy changes to Bitcoin Core can impact whether an application’s transactions relay, they require socialization with the wider Bitcoin community prior to consideration. Similarly, applications and second layer protocols that utilize transaction relay must be designed with policy rules in mind to avoid creating transactions that are rejected.