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Fix min relay fee to be 1s/vB #3457

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@arik-so arik-so commented Dec 11, 2024

Bitcoin Core relay policy does not require 16s/vB, which it was
previously set to.

This should address #3438.

@arik-so arik-so marked this pull request as draft December 11, 2024 06:49
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codecov bot commented Dec 12, 2024

Codecov Report

All modified and coverable lines are covered by tests ✅

Project coverage is 89.71%. Comparing base (641e40f) to head (7d6b1f3).

Additional details and impacted files
@@            Coverage Diff             @@
##             main    #3457      +/-   ##
==========================================
+ Coverage   89.69%   89.71%   +0.01%     
==========================================
  Files         130      130              
  Lines      107614   107629      +15     
  Branches   107614   107629      +15     
==========================================
+ Hits        96528    96557      +29     
+ Misses       8678     8671       -7     
+ Partials     2408     2401       -7     

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@arik-so arik-so marked this pull request as ready for review December 12, 2024 06:12
@@ -176,7 +176,7 @@ pub trait FeeEstimator {
}

/// Minimum relay fee as required by bitcoin network mempool policy.
pub const MIN_RELAY_FEE_SAT_PER_1000_WEIGHT: u64 = 4000;
pub const MIN_RELAY_FEE_SAT_PER_1000_WEIGHT: u64 = 253;
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Could we delete this in favor of FEERATE_FLOOR_SATS_PER_KW below ? Different types, but same number.

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@arik-so arik-so Dec 19, 2024

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I don't think we can, because one is the regular broadcast fee rate, and the other is the eviction/incremental fee rate per RBF rule 4 (https://gist.github.com/glozow/25d9662c52453bd08b4b4b1d3783b9ff)

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@arik-so arik-so Dec 19, 2024

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that said, looking at these values

"mempoolminfee": 0.00001373,
"minrelaytxfee": 0.00001000,
"incrementalrelayfee": 0.00001000

I don't know when minrelaytxfee and incrementalrelayfee wouldn't align short of an explicit config change.

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@tankyleo tankyleo Dec 19, 2024

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Thank you where did you find them ? I've been grepping the bitcoin repo, can't see them.

I agree these are two different settings - I suggest we clarify one of them is the incremental fee rate, the other is the broadcast fee rate, as you've described - "MIN_RELAY_FEE" and "FEERATE_FLOOR" is a little too similar.

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oh I just called getmempoolinfo on my node's RPC lol

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fair point, honestly both names suck

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could use the names from bitcoin core, minrelaytxfee and incrementalrelayfee

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let's start with renaming minrelaytxfee to incrementalrelayfee for now, and we can get more ambitious with the other one in a separate PR

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It would be good to add some unit tests for feerate_bump.

@@ -1312,18 +1312,21 @@ fn test_duplicate_htlc_different_direction_onchain() {

let chan_1 = create_announced_chan_between_nodes(&nodes, 0, 1);

let payment_value_sats = 546;
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Why was the value changed to 546?

Also the naming is bound to cause confusion: payment_value_sats sounds like it should correspond to the same payment as the payment_preimage and payment_hash variables, but it actually is a different payment.

Also, we should define the variables closer to where they are used.

Comment on lines +1352 to +1353
assert!(claim_txn.len() >= 3);
assert!(claim_txn.len() <= 5);
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Shouldn't the claim transactions be deterministic? Why are we accepting a range of transactions now?

It would be good to add a comment explaining the transactions expected to be broadcast.

Comment on lines +7681 to +7682
let htlc_value_a_msats = 847_000;
let htlc_value_b_msats = 546_000;
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Why are the payment values changed?

assert_eq!(remote_txn[0].input[0].previous_output.txid, chan.3.compute_txid());
let chan = create_announced_chan_between_nodes_with_value(&nodes, 0, 1, 1000000, 59000000);
let (payment_preimage, payment_hash, ..) = route_payment(&nodes[0], &[&nodes[1]], htlc_value_a_msats);
route_payment(&nodes[1], &vec!(&nodes[0])[..], htlc_value_b_msats).0;
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Return value is unused.

Suggested change
route_payment(&nodes[1], &vec!(&nodes[0])[..], htlc_value_b_msats).0;
route_payment(&nodes[1], &vec!(&nodes[0])[..], htlc_value_b_msats);

assert_eq!(node_txn.len(), 3);
// plus, depending on the block connection style, two further bumps
assert!(node_txn.len() >= 3);
assert!(node_txn.len() <= 6);
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If additional bumps can occur, we should verify all of them below (not just the first bump).

// preimage and timeout sweeps from remote commitment + preimage sweep bump
assert_eq!(node_txn.len(), 3);
// plus, depending on the block connection style, two further bumps
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So the bumping strategy can vary depending on how the user calls the block connection APIs?

How specifically is bumping affected, and could this lead to transactions not confirming in time?

@TheBlueMatt TheBlueMatt modified the milestones: 0.1, 0.1.1 Dec 22, 2024
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4 participants