This already summaries the issue I'm currently trying to figure out to calculate the transaction fee to prevent negative balance.
(testnet) I tried using createrawtransaction
answered.
When I tried to send all balance to an address, the txid
was created successfully using createrawtransaction
but when I ran the fundrawtranaction
on that txid
it showed
error code: -4
error message:
Insufficient funds
The goal is to calculate transaction fee before hand to check either sufficient balance is available of an account using sendfrom
To manage multiple users to isolate users' balances as this.
EDIT1:
If using estimatesmartfee
it is showing the fee:
bitcoin-cli -testnet estimatesmartfee 6
{
"feerate": 0.00501921,
"blocks": 6
}
When calling sendfrom
for total balance transfer:
bitcoin-cli -testnet sendfrom <account> <address> <amount>
error code: -4
error message:
Error: This transaction requires a transaction fee of at least 0.00067257
Is there a way to get 0.00067257
the fee part before send the transaction amount and set it so that account balance won't go negative for multi accounts wallet.
Edit 2:
I found out that accounts are deprecated.
And multi wallet creation/load/unload on runtime is underway to 0.17.0
So what would be the best approach to handle multiple users bitcoins in isolation on a full node to prevent negative balance.