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Possible to cancel pending transaction by sending one with higher fee but not to self?

Possible to cancel pending transaction by sending one with higher fee but not to self?

Etherum Reddit

More / Etherum Reddit 14 Views

Read that pending transactions can be cancelled by sending self 0 Eth with a higher fee. However, would it also work if I send another transaction same as the pending but with a higher gas fee, especially if I can set the transaction nonce to that of the pending txn, so as to avoid the cost of sending self the 0 Eth transaction?

Curious also why wallets allow users to set transaction nonce. Doesnt that expose to potential double spend if the recipients dont wait for confirmation?

submitted by /u/nocturnien
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