wallet: don’t back-date locktime when spending unconfirmed UTXOs #26527

1. 
   0xB10C commented at 5:35 pm on November 17, 2022: contributor

   As mentioned in #26451 (comment) example 3:

   If we do anti-fee sniping, the Bitcoin Core wallet has a 10% chance to back-date the locktime of a transaction to up to 100 blocks. Electrum has similar behavior.

   https://github.com/bitcoin/bitcoin/blob/48174c0f287b19931ca110670610bd03a03eb914/src/wallet/spend.cpp#L725-L731

   When spending an unconfirmed UTXO, it can happen that we back-date the locktime of our transaction to a locktime before the locktime of the unconfirmed parent. In this case, the “transaction signed earlier but only broadcast now” is unrealistic I think (please correct me if you think there is a protocol where this makes sense). This is a fingerprint that we are a Bitcoin Core or Electrum wallet.

   related #26526 electrum issue: https://github.com/spesmilo/electrum/issues/8073

2. 0xB10C added the label Feature on Nov 17, 2022
3. maflcko added the label Wallet on Nov 17, 2022
4. maflcko added the label RPC/REST/ZMQ on Nov 17, 2022
5. bitcoin deleted a comment on Nov 19, 2022
6. 
   murchandamus commented at 8:25 pm on January 10, 2023: contributor

   Good catch, it would be good to not backdate when spending unconfirmed inputs, or at least limit the locktime to the maximum of the parent transactions’ locktimes. The former is probably easier.
7. 
   willcl-ark commented at 3:00 pm on October 21, 2025: member

   @danielabrozzoni you might like to take a look here and #26526?
8. 
   danielabrozzoni commented at 4:33 pm on January 29, 2026: member

   Hey! I spent some time thinking about this, and implemented it in #34449 (I closed this one, a revised one will be opened). Instead of not backdating at all, I decided to limit the locktime to the maximum of the parent transactions’ locktimes.

   However… While writing the PR description, I realized, why would we enforce this only for unconfirmed parents? Wouldn’t it make sense to make sure that the fee sniping nlocktime is >= the locktime of any parent, regardless of whether they’re unconfirmed or not?

   We want to use anti fee sniping while preserving some plausible deniability, so that it’s not obvious from a transaction whether we’re fee sniping or simply using nLockTime. If a child transaction has an nLockTime earlier than its parent’s nLockTime, even when the parent is confirmed, it’s not really possible to explain it as “signed earlier and broadcast later”, and everyone can infer we’re fee sniping. Am I missing something?

9. 
   achow101 commented at 9:43 pm on February 2, 2026: member

   Wouldn’t it make sense to make sure that the fee sniping nlocktime is >= the locktime of any parent, regardless of whether they’re unconfirmed or not?

   That seems reasonable

Contributors
0xB10C murchandamus willcl-ark danielabrozzoni achow101

Labels
Feature Wallet RPC/REST/ZMQ