nVersion Coinbase

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Gary Krause

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Jul 2, 2025, 5:56:38 PMJul 2
to Bitcoin Mining Development Mailing List
Of late, MARA pool has been rolling the Version field of the coinbase transaction for greater work disambiguation, a very relevant consideration for large pools of hash rate. (i.e. https://mempool.space/tx/fabb2fd523b57152d2c3176e8b8526dd8fad843c778129c7c1af4293bbd125e3 is version 1,973,324,765

Consensus-wise (in my findings), this field only needs to be larger than 2 to signal BIP68 enforcement. (https://github.com/bitcoin/bitcoin/blob/bf75c9964fb28a5e9b8a07097248ffa960738478/src/consensus/tx_verify.cpp#L51)

Sharing here for further consideration and awareness.

Antoine Poinsot

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Jul 3, 2025, 1:11:46 PMJul 3
to Gary Krause, Bitcoin Mining Development Mailing List
Hi,

BIP68 relative timelocks are not enforced on coinbase transactions. The function you link to is never called on the coinbase transaction.

Best,
Antoine Poinsot
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