Related to transaction fees in the Bitcoin network.

learn more… | top users | synonyms

1
vote
1answer
13 views

Can a bitcoin transaction get confirmed unexpectedly?

Let's asume I make a transaction with no fee and doesn't get confirmed after a while (let's say 10 days). Could it be confirmed after that if for some reason some miner keeps a copy? I don't ask if ...
0
votes
1answer
15 views

minimal transaction for gandi.net

I'm registering with a few different bitcoin sites. I notice that, at least according to older questions, paypal isn't generally accepted. Is there a simple way to buy a few US dollars worth of ...
-1
votes
1answer
20 views

Does nbitcoin framework internally uses blockchain to process transactions?

My concern is about miner's fee, who is taking that amount?Blockchain or nbitcoin
0
votes
1answer
58 views

Ludicrous transaction fees from Coinbase?

I moved 0.16 BTC from my Coinbase online wallet to another one. I got 0.0017 BTC of transaction fees which looks a little bit too much. I was expecting an order of magnitude less, something like 0....
1
vote
3answers
51 views

Who should pay the transactions fees?

In traditional transactions, the merchants pay the fees. For bitcoins, it seems that the payer is paying the fees. In pratice, what will happen for a real transaction? If the payer does not enough ...
1
vote
2answers
29 views

How are transaction fees claimed from a technical point of view?

A typical transaction has one or more inputs and one or more outputs. Since there is no amount specified for inputs, the rule is that ALL of the inputs is always transferred. Any discrepancy between ...
4
votes
3answers
389 views

How do miners understand what a transaction does?

Bitcoins are spent via transaction scripts that can be quite complicated. How do miners understand what a transaction does? A miner has to decide whether to include a transaction in their block, but ...
-1
votes
0answers
15 views

Bitcoin transaction unconfirmed for several days even though transaction fee was included [duplicate]

Sorry, Bitcoin n00b here. Just wondering why this transaction is unconfirmed (has been about three days now) https://blockchain.info/tx/...
1
vote
1answer
87 views

can someone explain what i did wrong here? (btc transaction with fee not confirming) [duplicate]

https://blockchain.info/tx/c782b48bba09dea21896b7c58292abaec81d7ce2db2975f30b77176dddad492c was the fee not high enough? i have never had an issue with fees using the recommended amount that bitcoin ...
0
votes
0answers
10 views

Multi HD transaction stuck for +48hours [duplicate]

I have made a bitcoin transaction for more than 100$ and now it is stucked, i guess it is due to a too small fee. Ive never had this problem before and always just used the default fee from multiHD. ...
0
votes
0answers
26 views

What is the formula used to calculate the value of bitcoin-cli estimatefees?

Studying the output of bitcoin-cli estimatefees as a black box, the formula at work seems to be a moving average calculated over the previous X blocks. I cannot deduce X, nor if it is a simple moving ...
3
votes
1answer
64 views

How can I set a fixed fee sufficient for transaction success in bitcoind?

I used to use sendtoaddress with bitcoind and a fixed 0.0001 btc transaction fee in the wallet UI to do the job and every transaction was sent without any problems. Since version v0.12.0 I can see ...
7
votes
2answers
94 views

Spending output of a low-fee transaction by following with higher-fee transaction

Suppose I broadcast a transaction A with very low (or zero) fee. Normally, it would take a long time to confirm. Suppose, then I broadcast another transaction B that spends a (yet unconfirmed) output ...
9
votes
1answer
105 views

What is the largest number of blocks a transaction has ever waited for confirmation?

What is the largest number of blocks a transaction has ever waited before eventual confirmation? Please exclude: Transactions with no fee Transactions delayed because of unconfirmed inputs ...
3
votes
2answers
49 views

First confirmation time vs miners fee's

After submitting a transaction to the blockchain.. 1) If I pay a higher transaction fee will first confirmation happen faster? 2) I found today that a 250B transaction with 1000 Satoshi fee took ...
3
votes
0answers
68 views

Mempool filled with 14KB transactions, tons of inputs, 0.15 mBTC fee

With the blockchain experiencing extremely high transaction volumes (most blocks at the 1MB size limit), I am interested in studying the "backlog" of transactions in the memory pool on my own full ...
4
votes
2answers
96 views

Preventing transaction fee collusion between large miners

What would prevent the largest Bitcoin mining pools (top 3-4 have with 61-73% hash rate today according to link below) from colluding to demand much higher transaction fees to confirm transactions? ...
0
votes
0answers
7 views

How to only accept transactions with a minimum transaction fee [duplicate]

As a miner how can I only accept transactions with a minimum transaction fee? With many blocks being full it does not make sense to accept transactions with 0 or very low transaction fees and exclude ...
9
votes
2answers
1k views

Largest Bitcoin transaction fee ever paid?

What was the largest transaction fee ever paid? Assuming that payment was an accident was the sender able to contact the miner who mined that block and negotiate a full or partial refund?
5
votes
1answer
27 views

Without side chains will transaction fees rise as block rewards fall?

Transaction fees are currently minuscule when compared to block rewards. Even if transaction volume was 10x higher than it is now, this would be the case. Is there any realistic scenario where ...
3
votes
2answers
67 views

Wasted satoshi due to transaction fees

Say I have a wallet containing 1000 satoshi, and I want to transfer this to another wallet, but it doesn't cover the transaction fee, do I just waste it? I don't have the private key to the wallet ...
2
votes
1answer
48 views

What is the impact of purposely sending a signed message with zero fee?

Would it be appropriate use of me to send a message with 0 fee on purpose if I have no need for the message to remain on the blockchain after it is seen by the recipient? I could sign a transaction ...
1
vote
1answer
35 views

Will Bitcoin remember unperformed transactions?

Let's say I transfer 0.05 BTC from 1 input to 1 output and don't pay a fee. If there are 6 blocks per hour, this means that my input has to be 369 hours (about 15 days) old so no fee is required. Let'...
7
votes
1answer
69 views

Are there any projections about when transaction fees per block will equal block reward?

A spreadsheet with a base projection and the following editable variables (for a given block height) would be great: BTC transaction volume per block Number of transaction per block Average ...
1
vote
1answer
62 views

Is there some sort of algorithm to calculate transaction speed?

I'm wondering if there's a way that I can calculate how long it will take for a transaction of x BTC paid a y fee to get z confirmations based on current difficulty
2
votes
1answer
53 views

Is there a way to know the Bitcoin Network transaction fee BEFORE actually submitting the transaction?

I am using the RPC API to submit automated transactions to my Bitcond, the user introduces the Amount and I check it against its balance before submitting the transaction. I would like to also check ...
1
vote
1answer
27 views

How does tx fee calculation work when txin and txout are similar amounts?

This website has an example called "When Too Much is Not Enough" on its main page. I'll quote it an case this is changed in the future: Suppose you have only two outputs in your wallet, worth 1 ...
2
votes
2answers
46 views

How are transactions collected into new block?

How are the latest transactions collected into new block to send them to miners for hashing? Which part of the network is responsible for giving miners the correct block to hash?
2
votes
1answer
65 views

How can I set the transaction fee when creating a transaction through Bitcoin-cli commands?

I want to run the following command via bitcoin-cli: ./bitcoin-cli sendfrom "10302c02147e2948cbejd9a2bd80d9691ef08a6a4d416c2bb602143a4anj06b90e" "32cjBTQkfLBp38ixj7hdjk0cc90VPPnwhQ" 3.04384215 (...
2
votes
1answer
62 views

How to apply RBF (Replace-by-Fee)

I got a stuck transaction and would like to clear this. I found many information about RBF (Replace-by-Fee) how it works etc. So i think this might be the best option to get my transaction going. ...
0
votes
1answer
112 views

bitcoins unconfirmed for 7 days :(

Can anyone help me? I am a noob with bitcoin (using bitcoin core client) and I ticked the check box that said something like "send with 0 fee when possible". My transaction has been stuck in the ...
1
vote
1answer
80 views

Settxfee does not work in RPC

I am using settxfee(0.00020) before sendtoaddress RPC call however after sending 0.042 in blockchain a fee of 0.000045 is showing. How can I set the fee properly ? Thanks
2
votes
4answers
69 views

How to exchange small amounts of dogecoin to bitcoin?

I want to convert a small amount of dogecoin (about 200D) to BTC. However, I've noticed that the withdrawal fees on all exchanges are more the amount of bitcoin I will have. Is there no way of ...
3
votes
1answer
70 views

Second, Third, Etc Confirmations taking a long time, why?

I have sent a bitcoin transaction of 0.18, you can see it here. https://live.blockcypher.com/btc/tx/22bacef7d4fb78e4e90cd04540daad257a39cb4ab4510f9e0efe5a88efaf0f87/ I included a fee of 0.002 even ...
5
votes
2answers
256 views

Transaction fees and transactions with bitcoin-cli. Wallet address balance negative

I'm trying to make a bitcoin website and I tried to implement a sort of 'withdraw' button which would allow you to send your money in the wallet address to some other address. The problem I am facing ...
1
vote
2answers
103 views

How can I send thousands of small amounts (10'000 sat.) to bitcoin wallets without paying to much fees?

I want to make a faucet. But my problem is that I don't know how I can make my payouts. I would have a lot of little amounts (like 10'000 satoshis) to pay. Is there an efficient way of doing thousands ...
2
votes
1answer
80 views

Should I include the fee in the sent bitcoin amount?

I'm using Electrum and want to purchase something with Bitcoins. When I get to the bitpay screen with all the details (And the timer) I input the information into the electrum client, which then ...
2
votes
1answer
97 views

Set a standard transaction fee in bitcoind

Hello I was wondering if it is possible to set a standard transaction fee in bitcoind like 0.0001 BTC. Because now it uses around 0.000026 BTC per transaction and it takes ages to confirm. Thanks in ...
1
vote
0answers
49 views

How is transaction fee calculated?

Some says that transaction fee is calculated based on the size of transactions. In short, does it mean based on the number of utxos? To be precise, does it mean depending on the size of all of input ...
1
vote
1answer
23 views

How to lookup the transaction fee for a particular transaction?

Is it possible to lookup how much transaction fee was paid for a specific transaction? If I check the transaction on e.g. blockchain.info, I can see a field named "Fee", but I guess that's a sum of ...
1
vote
1answer
246 views

How do you calculate a reasonable transaction fee?

These days transactions are taking a very long time to confirm. Higher transaction fees could be a possible solution. I want to know how to calculate a reasonable transaction fee, which is not so ...
0
votes
1answer
70 views

Can A Mining Farm Profit From Transactions

Background Last night, I debated a friend of mine about the decentralized nature of bitcoin. He made an argument indicating that the Chinese Communist Party isn't concerned about bitcoin because ...
2
votes
1answer
86 views

How to get fee in a transaction with unconfirmed inputs in bitcoinj?

I am trying to get the fee of incoming transactions in a wallet with bitcoinj. At times it was the commission using Transaction.getFee(), but this was throwing NullPointerException. I got to do a ...
2
votes
2answers
84 views

calculate transaction fee in a block

I want to know how one can query bitcoin core via json rpc or other methods to find all the transaction fees in a block? API queries are not useful as they have a rate limit. Here is an example block,...
0
votes
0answers
75 views

Change the fee on Multibit

The transactions-fee is set to 0.0001 btc in Multibit classic. Can I set the fee to 0.2 or 0.3 mBTC? Where is the java class that I must change to upgrade the fee? What is the var or const to change?
1
vote
1answer
49 views

Reject TXs based on fee in comparison to TX size?

Is it possible to configure a node to reject junk transactions like this https://tradeblock.com/bitcoin/tx/6d67480fde2dd484b0ee389a6488db212ea7d0dbd2a11358efcc0b39077407ca 199 inputs, 35kb tx with a ...
3
votes
1answer
578 views

Is Ethereum essentially Bitcoin with Turing-complete Script?

Is Ethereum essentially Bitcoin with a Turing-complete scripting language and, if I understand correctly, where the script to be executed (not its hash) is placed in the Ethereum blockchain? If so, ...
4
votes
1answer
221 views

Able to send 0.2BTC from old to new wallet w/o fee as of 2016?

Good evening everyone. I've been out of the cryptocurrency scene for a couple of years and I've stumbled into a minor issue. I've been trying to figure out if it will be viable to move some Bitcoin ...
6
votes
1answer
91 views

What are the arguments for and against deprecating transaction priority?

A recent pull request moves ahead to deprecate the concept of transaction priority by changing the block priority space to zero. This has enraged some users who believe that deprecating transaction ...
3
votes
2answers
89 views

Why are coinbase transaction outputs greater than reward?

If the sum of the coinbase transaction's outputs must be less than or equal to the current reward (25 btc currently), why in practice do blocks have a slightly higher coinbase transaction output (for ...