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Ryan Ofsky 5f3848c63b
Merge bitcoin/bitcoin#31278: wallet, rpc: deprecate settxfee and paytxfee
2f2ab47bf7 Release notes (Pol Espinasa)
bf194c920c wallet, rpc: deprecate settxfee and paytxfee (Pol Espinasa)

Pull request description:

  **Summary**

  This PR deprecates the settxfee RPC and paytxfee setting, marking it for removal in Bitcoin Core 31.0.

  **Motivation**

  The PR was initially motivated by https://github.com/bitcoin/bitcoin/issues/31088. The intention was to create a new function `settxfeerate` to allow users to set a static fee rate in `sat/vB` instead of `btc/kvB`.

  The `settxfee` RPC allows users to set a static fee rate for all transactions created by the wallet. However, in a dynamic fee environment, this can lead to poor fee choices, either overpaying when the mempool is empty or underpaying when congestion is high. The preferred approach is to rely on fee estimation, which is designed to adapt to network conditions, and is the one by default. Same argument apply for `paytxfee` setting.

  During discussion the consensus was that static fee settings are a footgun and that users should instead specify the fee rate per transaction if they don't want to rely on the fee estimation. Given this, rather than introducing a `settxfeerate` alternative, this PR goes towards removing `settxfee` and `paytxfee` entirely.

  **Key Changes**

  `settxfee` and `paytxfee` is now deprecated and will be removed in Bitcoin Core 31.0.
  Users should rely on fee estimation or explicitly specify a fee rate when constructing transactions.

  **Impact on Users**

  If users currently use settxfee or paytxfee, they should transition to specifying fees per transaction.
  No immediate breakage in 30.0 (must use `-deprecatedrpc=settxfee`), but `settxfee` and `paytxfee` will be removed in 31.0.

  **Alternative Approaches Considered**

  A settxfeerate alternative (using sat/vB) was initially proposed but ultimately rejected in favor of deprecating static fee setting entirely.

  **Notes for removal**
  - When removing paytxfee we should also update txconfirmtarget startup option help text.
  - Get back the comment from `rpc_deprecated.py` test. [+info](https://github.com/bitcoin/bitcoin/pull/31278#discussion_r1998876768)

ACKs for top commit:
  fjahr:
    re-ACK 2f2ab47bf7
  ismaelsadeeq:
    re-ACK 2f2ab47bf7
  rkrux:
    Concept and utACK 2f2ab47bf7

Tree-SHA512: 0272812cbe5a519737c5d0683acc2072e67559792b4a6472bca8b23426e5ce9e88a3a1eba987feda70a082b8b474b3126893848628d7bf11e1520357b18c8d3e
2025-03-24 13:40:31 -04:00
.github build: require sqlite when building the wallet 2025-03-12 15:42:38 +01:00
.tx Update Transifex slug for 29.x 2025-02-06 09:38:49 +00:00
ci Merge bitcoin/bitcoin#31766: leveldb: pull upstream C++23 changes 2025-03-20 13:03:52 +08:00
cmake Merge bitcoin/bitcoin#32019: cmake: Check for makensis and zip tools before using them for optional deploy targets 2025-03-18 17:10:40 +08:00
contrib Merge bitcoin/bitcoin#32074: contrib: Make deterministic-coverage error messages more readable 2025-03-22 11:12:14 +08:00
depends build: use make < 3.82 syntax for define directive 2025-03-14 16:19:45 +01:00
doc Merge bitcoin/bitcoin#31278: wallet, rpc: deprecate settxfee and paytxfee 2025-03-24 13:40:31 -04:00
share build: Rename PACKAGE_* variables to CLIENT_* 2024-10-28 12:35:55 +00:00
src Merge bitcoin/bitcoin#31278: wallet, rpc: deprecate settxfee and paytxfee 2025-03-24 13:40:31 -04:00
test Merge bitcoin/bitcoin#31278: wallet, rpc: deprecate settxfee and paytxfee 2025-03-24 13:40:31 -04:00
.cirrus.yml ci: Use Cirrus dockerfile cache 2025-03-13 09:55:19 +01:00
.editorconfig code style: update .editorconfig file 2024-09-13 17:55:10 +02:00
.gitattributes Separate protocol versioning from clientversion 2014-10-29 00:24:40 -04:00
.gitignore gitignore: target/ 2025-02-18 20:46:30 +01:00
.python-version Bump python minimum supported version to 3.10 2024-08-28 15:53:07 +02:00
.style.yapf Update .style.yapf 2023-06-01 23:35:10 +05:30
CMakeLists.txt Merge bitcoin/bitcoin#31961: Require sqlite when building the wallet 2025-03-14 11:23:35 +08:00
CMakePresets.json build: require sqlite when building the wallet 2025-03-12 15:42:38 +01:00
CONTRIBUTING.md doc: remove PR Review Club frequency 2024-11-20 11:16:39 +01:00
COPYING doc: upgrade license to 2025. 2025-01-06 12:23:11 +00:00
INSTALL.md doc: Added hyperlink for doc/build 2021-09-09 19:53:12 +05:30
libbitcoinkernel.pc.in build: use CLIENT_NAME in libbitcoinkernel.pc.in 2025-02-07 16:11:48 +00:00
README.md doc: cmake: prepend and explain "build/" where needed 2024-10-11 11:24:21 -06:00
SECURITY.md Update security.md contact for achow101 2023-12-14 18:14:54 -05:00
vcpkg.json build: require sqlite when building the wallet 2025-03-12 15:42:38 +01:00

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