Re:402 Payment Required, and why micropayments are doomed
by CalmStorm on Tuesday May 19, 2020 @08:27PM
(#23242013)
If there are two valid, signed transactions that spend the same unspent input transaction (UTXO), only one of them will be included in the block. This is indeed guaranteed by the protocol [1].
[1] https://bitcoin.stackexchange.com/questions/81624/can-two-or...
Re:402 Payment Required, and why micropayments are doomed
by fxtentacle on Wednesday May 20, 2020 @01:36AM
(#23243585)
Yes, but "included in the block" means you either wait some hours or pay higher fees.
and in fact it is quite common to accept "double-spending" since that is really the only way to increase fees to push through a "stuck" transaction. Otherwise you have to wait an indeterminate (potentially forever) period of time until it exits the mempool of all network participants