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Introduce WALLET_INCREMENTAL_RELAY_FEE
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Have wallet's default bump value be higher than the default incrementalRelayFee to future proof against changes to incremental relay fee.  Only applies when not setting the fee rate directly.
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morcos committed Jan 26, 2017
1 parent e8021ec commit 0c0c63f
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Showing 2 changed files with 14 additions and 4 deletions.
16 changes: 12 additions & 4 deletions src/wallet/rpcwallet.cpp
Original file line number Diff line number Diff line change
Expand Up @@ -2786,11 +2786,19 @@ UniValue bumpfee(const JSONRPCRequest& request)
CFeeRate nOldFeeRate(nOldFee, txSize);
CAmount nNewFee;
CFeeRate nNewFeeRate;
// The wallet uses a conservative WALLET_INCREMENTAL_RELAY_FEE value to
// future proof against changes to network wide policy for incremental relay
// fee that our node may not be aware of.
CFeeRate walletIncrementalRelayFee = CFeeRate(WALLET_INCREMENTAL_RELAY_FEE);
if (::incrementalRelayFee > walletIncrementalRelayFee) {
walletIncrementalRelayFee = ::incrementalRelayFee;
}

if (totalFee > 0) {
CAmount minTotalFee = nOldFeeRate.GetFee(maxNewTxSize) + ::incrementalRelayFee.GetFee(maxNewTxSize);
if (totalFee < minTotalFee) {
throw JSONRPCError(RPC_INVALID_PARAMETER, strprintf("Invalid totalFee, must be at least %s (oldFee %s + relayFee %s)", FormatMoney(minTotalFee), nOldFeeRate.GetFee(maxNewTxSize), ::incrementalRelayFee.GetFee(maxNewTxSize)));
throw JSONRPCError(RPC_INVALID_PARAMETER, strprintf("Insufficient totalFee, must be at least %s (oldFee %s + incrementalFee %s)",
FormatMoney(minTotalFee), FormatMoney(nOldFeeRate.GetFee(maxNewTxSize)), FormatMoney(::incrementalRelayFee.GetFee(maxNewTxSize))));
}
nNewFee = totalFee;
nNewFeeRate = CFeeRate(totalFee, maxNewTxSize);
Expand All @@ -2806,9 +2814,9 @@ UniValue bumpfee(const JSONRPCRequest& request)

nNewFeeRate = CFeeRate(nNewFee, maxNewTxSize);

// new fee rate must be at least old rate + minimum incremental relay rate
if (nNewFeeRate.GetFeePerK() < nOldFeeRate.GetFeePerK() + ::incrementalRelayFee.GetFeePerK()) {
nNewFeeRate = CFeeRate(nOldFeeRate.GetFeePerK() + ::incrementalRelayFee.GetFeePerK());
// New fee rate must be at least old rate + minimum incremental relay rate
if (nNewFeeRate.GetFeePerK() < nOldFeeRate.GetFeePerK() + walletIncrementalRelayFee.GetFeePerK()) {
nNewFeeRate = CFeeRate(nOldFeeRate.GetFeePerK() + walletIncrementalRelayFee.GetFeePerK());
nNewFee = nNewFeeRate.GetFee(maxNewTxSize);
}
}
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2 changes: 2 additions & 0 deletions src/wallet/wallet.h
Original file line number Diff line number Diff line change
Expand Up @@ -48,6 +48,8 @@ static const CAmount DEFAULT_TRANSACTION_FEE = 0;
static const CAmount DEFAULT_FALLBACK_FEE = 20000;
//! -mintxfee default
static const CAmount DEFAULT_TRANSACTION_MINFEE = 1000;
//! minimum recommended increment for BIP 125 replacement txs
static const CAmount WALLET_INCREMENTAL_RELAY_FEE = 5000;
//! target minimum change amount
static const CAmount MIN_CHANGE = CENT;
//! final minimum change amount after paying for fees
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