Moniruzzaman ShamimDec 17, 2021 · 3 years ago1 answers How does RBF affect the transaction confirmation time in cryptocurrencies?
Can you explain how Replace-By-Fee (RBF) affects the time it takes for a transaction to be confirmed in cryptocurrencies? I've heard that RBF allows users to increase the transaction fee after a transaction has been broadcasted. How does this impact the confirmation time? Does it prioritize transactions with higher fees? How does it affect the overall transaction process?