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authorWladimir J. van der Laan <laanwj@protonmail.com>2019-10-02 15:55:03 +0200
committerWladimir J. van der Laan <laanwj@protonmail.com>2019-10-02 15:55:19 +0200
commit8afa602f308ef003bb6893718eae1fe5a830690c (patch)
tree91ac9ceb9678d2d1b75d4609e954804a766e825b /src
parent8d39c636aa2c3be52cc1126e51e8515f33fe40c7 (diff)
parentc812aba3949b6ab81030dc708cda7c8821be2f70 (diff)
Merge #16727: wallet: Explicit feerate for bumpfee
c812aba3949b6ab81030dc708cda7c8821be2f70 test bumpfee fee_rate argument (ezegom) 9f25de3d9eb8d012ca1a98cbcd28021e3e1c85ee rpc bumpfee check fee_rate argument (ezegom) 88e5f997dfab3f03bb1ec3f149eaff8dcc2981fe rpc bumpfee: add fee_rate argument (ezegom) 1a4c791cf49ff15aa9deba4388c0180b8f47f15b rpc bumpfee: move feerate estimation logic into separate method (ezegom) Pull request description: Taking over for https://github.com/bitcoin/bitcoin/pull/16492 which seems to have gone inactive. Only minor commit cleanups, rebase, and some help text fixes on top of previous PR. Renamed `feeRate` to `fee_rate` to reflect updated guidelines. ACKs for top commit: Sjors: Code review ACK c812aba laanwj: ACK c812aba3949b6ab81030dc708cda7c8821be2f70 Tree-SHA512: 5f7f51bd780a573ccef1ccd72b0faf3e5d143f6551060a667560c5163f7d9480e17e73775d1d7bcac0463f3b6b4328f0cff7b27e39483bddc42a530f4583ce30
Diffstat (limited to 'src')
-rw-r--r--src/wallet/feebumper.cpp117
-rw-r--r--src/wallet/rpcwallet.cpp19
2 files changed, 107 insertions, 29 deletions
diff --git a/src/wallet/feebumper.cpp b/src/wallet/feebumper.cpp
index 619197a57a..b87231293f 100644
--- a/src/wallet/feebumper.cpp
+++ b/src/wallet/feebumper.cpp
@@ -57,6 +57,86 @@ static feebumper::Result PreconditionChecks(interfaces::Chain::Lock& locked_chai
return feebumper::Result::OK;
}
+//! Check if the user provided a valid feeRate
+static feebumper::Result CheckFeeRate(const CWallet* wallet, const CWalletTx& wtx, const CFeeRate& newFeerate, const int64_t maxTxSize, std::vector<std::string>& errors) {
+ // check that fee rate is higher than mempool's minimum fee
+ // (no point in bumping fee if we know that the new tx won't be accepted to the mempool)
+ // This may occur if the user set FeeRate, TotalFee or paytxfee too low, if fallbackfee is too low, or, perhaps,
+ // in a rare situation where the mempool minimum fee increased significantly since the fee estimation just a
+ // moment earlier. In this case, we report an error to the user, who may adjust the fee.
+ CFeeRate minMempoolFeeRate = wallet->chain().mempoolMinFee();
+
+ if (newFeerate.GetFeePerK() < minMempoolFeeRate.GetFeePerK()) {
+ errors.push_back(strprintf(
+ "New fee rate (%s) is lower than the minimum fee rate (%s) to get into the mempool -- ",
+ FormatMoney(newFeerate.GetFeePerK()),
+ FormatMoney(minMempoolFeeRate.GetFeePerK())));
+ return feebumper::Result::WALLET_ERROR;
+ }
+
+ CAmount new_total_fee = newFeerate.GetFee(maxTxSize);
+
+ CFeeRate incrementalRelayFee = std::max(wallet->chain().relayIncrementalFee(), CFeeRate(WALLET_INCREMENTAL_RELAY_FEE));
+
+ // Given old total fee and transaction size, calculate the old feeRate
+ CAmount old_fee = wtx.GetDebit(ISMINE_SPENDABLE) - wtx.tx->GetValueOut();
+ const int64_t txSize = GetVirtualTransactionSize(*(wtx.tx));
+ CFeeRate nOldFeeRate(old_fee, txSize);
+ // Min total fee is old fee + relay fee
+ CAmount minTotalFee = nOldFeeRate.GetFee(maxTxSize) + incrementalRelayFee.GetFee(maxTxSize);
+
+ if (new_total_fee < minTotalFee) {
+ errors.push_back(strprintf("Insufficient total fee %s, must be at least %s (oldFee %s + incrementalFee %s)",
+ FormatMoney(new_total_fee), FormatMoney(minTotalFee), FormatMoney(nOldFeeRate.GetFee(maxTxSize)), FormatMoney(incrementalRelayFee.GetFee(maxTxSize))));
+ return feebumper::Result::INVALID_PARAMETER;
+ }
+
+ CAmount requiredFee = GetRequiredFee(*wallet, maxTxSize);
+ if (new_total_fee < requiredFee) {
+ errors.push_back(strprintf("Insufficient total fee (cannot be less than required fee %s)",
+ FormatMoney(requiredFee)));
+ return feebumper::Result::INVALID_PARAMETER;
+ }
+
+ // Check that in all cases the new fee doesn't violate maxTxFee
+ const CAmount max_tx_fee = wallet->m_default_max_tx_fee;
+ if (new_total_fee > max_tx_fee) {
+ errors.push_back(strprintf("Specified or calculated fee %s is too high (cannot be higher than -maxtxfee %s)",
+ FormatMoney(new_total_fee), FormatMoney(max_tx_fee)));
+ return feebumper::Result::WALLET_ERROR;
+ }
+
+ return feebumper::Result::OK;
+}
+
+static CFeeRate EstimateFeeRate(CWallet* wallet, const CWalletTx& wtx, CCoinControl& coin_control, CAmount& old_fee)
+{
+ // Get the fee rate of the original transaction. This is calculated from
+ // the tx fee/vsize, so it may have been rounded down. Add 1 satoshi to the
+ // result.
+ old_fee = wtx.GetDebit(ISMINE_SPENDABLE) - wtx.tx->GetValueOut();
+ int64_t txSize = GetVirtualTransactionSize(*(wtx.tx));
+ CFeeRate feerate(old_fee, txSize);
+ feerate += CFeeRate(1);
+
+ // The node has a configurable incremental relay fee. Increment the fee by
+ // the minimum of that and the wallet's 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. This ensures we're over the over the required relay fee rate
+ // (BIP 125 rule 4). The replacement tx will be at least as large as the
+ // original tx, so the total fee will be greater (BIP 125 rule 3)
+ CFeeRate node_incremental_relay_fee = wallet->chain().relayIncrementalFee();
+ CFeeRate wallet_incremental_relay_fee = CFeeRate(WALLET_INCREMENTAL_RELAY_FEE);
+ feerate += std::max(node_incremental_relay_fee, wallet_incremental_relay_fee);
+
+ // Fee rate must also be at least the wallet's GetMinimumFeeRate
+ CFeeRate min_feerate(GetMinimumFeeRate(*wallet, coin_control, /* feeCalc */ nullptr));
+
+ // Set the required fee rate for the replacement transaction in coin control.
+ return std::max(feerate, min_feerate);
+}
+
namespace feebumper {
bool TransactionCanBeBumped(const CWallet* wallet, const uint256& txid)
@@ -230,31 +310,18 @@ Result CreateRateBumpTransaction(CWallet* wallet, const uint256& txid, const CCo
}
}
- // Get the fee rate of the original transaction. This is calculated from
- // the tx fee/vsize, so it may have been rounded down. Add 1 satoshi to the
- // result.
- old_fee = wtx.GetDebit(ISMINE_SPENDABLE) - wtx.tx->GetValueOut();
- int64_t txSize = GetVirtualTransactionSize(*(wtx.tx));
- // Feerate of thing we are bumping
- CFeeRate feerate(old_fee, txSize);
- feerate += CFeeRate(1);
-
- // The node has a configurable incremental relay fee. Increment the fee by
- // the minimum of that and the wallet's 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. This ensures we're over the over the required relay fee rate
- // (BIP 125 rule 4). The replacement tx will be at least as large as the
- // original tx, so the total fee will be greater (BIP 125 rule 3)
- CFeeRate node_incremental_relay_fee = wallet->chain().relayIncrementalFee();
- CFeeRate wallet_incremental_relay_fee = CFeeRate(WALLET_INCREMENTAL_RELAY_FEE);
- feerate += std::max(node_incremental_relay_fee, wallet_incremental_relay_fee);
-
- // Fee rate must also be at least the wallet's GetMinimumFeeRate
- CFeeRate min_feerate(GetMinimumFeeRate(*wallet, new_coin_control, /* feeCalc */ nullptr));
-
- // Set the required fee rate for the replacement transaction in coin control.
- new_coin_control.m_feerate = std::max(feerate, min_feerate);
+ if (coin_control.m_feerate) {
+ // The user provided a feeRate argument.
+ // We calculate this here to avoid compiler warning on the cs_wallet lock
+ const int64_t maxTxSize = CalculateMaximumSignedTxSize(*wtx.tx, wallet);
+ Result res = CheckFeeRate(wallet, wtx, *(new_coin_control.m_feerate), maxTxSize, errors);
+ if (res != Result::OK) {
+ return res;
+ }
+ } else {
+ // The user did not provide a feeRate argument
+ new_coin_control.m_feerate = EstimateFeeRate(wallet, wtx, new_coin_control, old_fee);
+ }
// Fill in required inputs we are double-spending(all of them)
// N.B.: bip125 doesn't require all the inputs in the replaced transaction to be
diff --git a/src/wallet/rpcwallet.cpp b/src/wallet/rpcwallet.cpp
index a71145fc42..96fa50d42e 100644
--- a/src/wallet/rpcwallet.cpp
+++ b/src/wallet/rpcwallet.cpp
@@ -3309,7 +3309,7 @@ static UniValue bumpfee(const JSONRPCRequest& request)
"The command will fail if the wallet or mempool contains a transaction that spends one of T's outputs.\n"
"By default, the new fee will be calculated automatically using estimatesmartfee.\n"
"The user can specify a confirmation target for estimatesmartfee.\n"
- "Alternatively, the user can specify totalFee (DEPRECATED), or use RPC settxfee to set a higher fee rate.\n"
+ "Alternatively, the user can specify totalFee (DEPRECATED), or fee_rate (" + CURRENCY_UNIT + " per kB) for the new transaction .\n"
"At a minimum, the new fee rate must be high enough to pay an additional new relay fee (incrementalfee\n"
"returned by getnetworkinfo) to enter the node's mempool.\n",
{
@@ -3321,6 +3321,9 @@ static UniValue bumpfee(const JSONRPCRequest& request)
" In rare cases, the actual fee paid might be slightly higher than the specified\n"
" totalFee if the tx change output has to be removed because it is too close to\n"
" the dust threshold."},
+ {"fee_rate", RPCArg::Type::NUM, /* default */ "fallback to 'confTarget'", "FeeRate (NOT total fee) to pay, in " + CURRENCY_UNIT + " per kB\n"
+ " Specify a fee rate instead of relying on the built-in fee estimator.\n"
+ " Must be at least 0.0001 BTC per kB higher than the current transaction fee rate.\n"},
{"replaceable", RPCArg::Type::BOOL, /* default */ "true", "Whether the new transaction should still be\n"
" marked bip-125 replaceable. If true, the sequence numbers in the transaction will\n"
" be left unchanged from the original. If false, any input sequence numbers in the\n"
@@ -3362,13 +3365,15 @@ static UniValue bumpfee(const JSONRPCRequest& request)
{
{"confTarget", UniValueType(UniValue::VNUM)},
{"totalFee", UniValueType(UniValue::VNUM)},
+ {"fee_rate", UniValueType(UniValue::VNUM)},
{"replaceable", UniValueType(UniValue::VBOOL)},
{"estimate_mode", UniValueType(UniValue::VSTR)},
},
true, true);
-
- if (options.exists("confTarget") && options.exists("totalFee")) {
- throw JSONRPCError(RPC_INVALID_PARAMETER, "confTarget and totalFee options should not both be set. Please provide either a confirmation target for fee estimation or an explicit total fee for the transaction.");
+ if (options.exists("confTarget") && (options.exists("totalFee") || options.exists("fee_rate"))) {
+ throw JSONRPCError(RPC_INVALID_PARAMETER, "confTarget can't be set with totalFee or fee_rate. Please provide either a confirmation target in blocks for automatic fee estimation, or an explicit fee rate.");
+ } else if (options.exists("fee_rate") && options.exists("totalFee")) {
+ throw JSONRPCError(RPC_INVALID_PARAMETER, "fee_rate can't be set along with totalFee.");
} else if (options.exists("confTarget")) { // TODO: alias this to conf_target
coin_control.m_confirm_target = ParseConfirmTarget(options["confTarget"], pwallet->chain().estimateMaxBlocks());
} else if (options.exists("totalFee")) {
@@ -3379,6 +3384,12 @@ static UniValue bumpfee(const JSONRPCRequest& request)
if (totalFee <= 0) {
throw JSONRPCError(RPC_INVALID_PARAMETER, strprintf("Invalid totalFee %s (must be greater than 0)", FormatMoney(totalFee)));
}
+ } else if (options.exists("fee_rate")) {
+ CFeeRate fee_rate(AmountFromValue(options["fee_rate"]));
+ if (fee_rate <= 0) {
+ throw JSONRPCError(RPC_INVALID_PARAMETER, strprintf("Invalid fee_rate %s (must be greater than 0)", fee_rate.ToString()));
+ }
+ coin_control.m_feerate = fee_rate;
}
if (options.exists("replaceable")) {