Questions tagged [transaction-fees]
This tag should be used for questions related to paying transaction fees in the Bitcoin network.
691
questions
1
vote
1answer
26 views
Scaling fee solution for Bitcoin lightning?
Currently it cost $0.000116736 USD (1 satoshi) fee to make a transaction on lightning. What are some other scaling solutions to lower the fees? Can we just increase the decimals and have sub-satoshi ...
0
votes
0answers
12 views
Bitcoin-cli transaction fee reset
How do you reset the txfee after you successfully did the transaction? I mean, getting it back to "automatic fee"?
3
votes
1answer
48 views
How does the tx fee in sendmany method get calculated?
In sendmany there is a conf_target parameter with the comment "Confirmation target (in blocks)". Does that mean that Bitcoin Core implicitly calculates and sets a smart fee for a given block target?
...
0
votes
1answer
22 views
Bitcoin-cli cannot estimate fees
I am trying to send transaction using bitcoin-cli but I am constantly getting:
admin@XXXX:~$ bitcoin-cli sendtoaddress "XXXXXXX" 0.1 "" "" false true 5 "ECONOMICAL"
error code: -4
error message:
Fee ...
0
votes
1answer
48 views
Stay on memory pool when I sending multiple transaction from bitcoin wallet
I run the bitcoin client 0.17.1 on my ubuntu 18.04 desktop. I have some balance in my wallet. Also my client is fully synced.I have face the wallet conflict. When I send multiple transaction at once(...
0
votes
0answers
165 views
cant send btc, Uneconomical UTXO requested
Im trying to send btc worth of 2$ and i keep getting message "Uneconomical UTXO requested [type: 1 (limit 46629), txOut.val: 38546, required: 83847]" i even tried sending 1$ but its still the same can ...
1
vote
0answers
36 views
Enable dustRelayFee behavior on testnet to get error code 64: dust
Crafting and sending an utxo of 1 satoshi does works and get mined on testnet without error. However on mainnet the error code 64: dust arise.
I understand the basic idea that you are not able to ...
2
votes
1answer
40 views
Mining Pools Transactions Fee
I am learning about mining pools and trying to understand their reward structure and transactions fees.
Looking at the two largest pools, Antpool & BTC.com, as far as I understand AntPool uses ...
0
votes
1answer
34 views
Bitcoin core's estimatesmartfee gives same estimate on ECONOMICAL and CONSERVATIVE mode
I have observed this behavior several times before now, the commands bitcoin-cli estimatesmartfee 2 ECONOMICAL and bitcoin-cli estimatesmartfee 2 CONSERVATIVE give the same estimates.
For example, ...
0
votes
0answers
18 views
What is the fee when making a transaction on the Binance chain blockchain?
I've read that the Binance chain has very low fees when making a transaction. But what is it exactly? I can't seem to find any info on this blockchain.
3
votes
1answer
119 views
Is there a solution to paying high fees when opening and closing lightning channels once we hit a fee only market?
Paying several hundred dollars to open and close a lightning channel seems uneconomical. This is a common argument against lightning by big blockers, I’m yet to read a valid argument against this.
1
vote
1answer
44 views
Miner transaction selection - how are sigops considered?
There is a limit on how much a block can sigop (set to 80000?). There is also a limit on how much a single transaction can sigop (set to 16000?). It thus seems possible (and if it's not possible, the ...
2
votes
0answers
40 views
Is there a way to get stats about fees paid (highest, lowest, average) in a specific block?
I'd prefer to get the stats from my full node via bitcoin-cli, but if that's not possible some API would do the job too...
4
votes
2answers
113 views
On chain cost of Segwit version 1 versus version 0
How do total blockchain cost for Segwit version 0 compare to version 1 which is being proposed? I'm specifically interested in a single user transactions – both paying to public key (or pk hash) and ...
2
votes
2answers
299 views
Fee negotiations in Lightning
How are fees negotiated in multi-hop payments in Lightning?
Imagine a four-hop payment: Alice -- Bob -- Charlie -- Dave. Bob and Charlie advertise fees of 100 sat each, Alice thinks it's reasonable ...
1
vote
1answer
36 views
Accurately calculate fees to sweep all coins
We have an instance of bitcoin core running a watch only wallet. This wallet receives a lot of transactions that we need to (once a day) sweep and split into other personal wallets.
The distribution ...
1
vote
1answer
167 views
How to calculate segwit transaction fee in bytes?
I'm trying to calculate SegWit transaction fees in bytes, I have two Segwit inputs and 2 segwit outputs. can anyone calculate this transaction fees if I'm paying 100 Sat per byte?
1
vote
1answer
47 views
Is Bech32 transaction on blockchain.info size accurate?
I have made a transaction and paid like 120 sat/B, on blockchain it says that I've paid 78.995 sat/B and noticed that transaction size is 191 (bytes)
Transaction size supposed to be: 102 (input) + ...
0
votes
1answer
44 views
Batching transactions to safe on fees
I have some bitcoin spread across multiple addresses. I would like to move these to different addresses.
I've heard about batching and was wondering if it is possible to batch the transaction to ...
0
votes
0answers
25 views
What happen When use -maxtxfee and -mintxfee with bitcoind
I read some document about -mintxfee and -maxtxfee. I apply this to my regtest network using the following command
./bitcoind -txconfirmtarget=6 -maxtxfee=0.00005 -mintxfee=0.00005
My question is
...
0
votes
0answers
21 views
Unconfirmed Transactions, with low Fees [duplicate]
Is there any way to estimate when a transaction or set of transactions from the same party will be mined? For example, say the company paid a small fee for transactions.
How would I estimate the time ...
1
vote
1answer
39 views
Submitt transaction with custome fee
I like to doing to submit every new transaction with user specific fee. I don't see any valid documentation for achieve it using RPC call. Give any suggestion.
Thankyou
0
votes
1answer
31 views
Bitcoin optional fees create transaction ordering problems?
I've tried to find a solid answer to this transaction ordering question and the practical and technical issues that do not seem solved.
My understanding is that after I create a transaction, I can ...
0
votes
1answer
90 views
Why mark a transaction as RBF (Replace-by-Fee) explicitly?
I could broadcast a second transaction that has the same inputs but a higher fee, without marking the original transaction as replaceable. Miners would most likely favor the second transaction and ...
1
vote
2answers
89 views
Can the fees in a coinbase be used to launder Bitcoins?
Generally Bitcoins coming from a coinbase are considered clean as they are newly generated. However while answering this question I realized that mining pools could offer to launder Bitcoins in the ...
0
votes
0answers
25 views
How to convert fee_estimates.dat into a human-readable format?
I would like to take a look inside fee_estimates.dat to understand a bit better how the RPC command estimatesmartfee works. However, when I open the file in a text editor, the content is not readable. ...
0
votes
0answers
40 views
Is there a stablecoin where you do not have to pay transaction fees?
I'm trying to build an application that makes use of stablecoins, but I keep hitting the wall of my users being stuck with the stablecoins as it requires them to have to pay the parent native token ...
1
vote
1answer
34 views
Can RBF be done by a third (or second) party
I've been thinking about the following usecase:
could a retailer/merchant offer clients a "no bitcoin fees" option when paying with bitcoin? i.e. if something costs 1 BTC on the site, the user will ...
0
votes
1answer
39 views
Bitcoin core and transaction fees
I'm using combination of 'createrawtransaction' and 'fundrawtransaction' API calls to create my transactions. I don't pass 'feeRate' option to 'fundrawtransaction' and rely on bitcoin wallet to figure ...
0
votes
0answers
164 views
Electrum saying Not enough funds
I’m trying to send bitcoin out of electrum to a different wallet and unlike the past it’s not confirming and saying not enough funds. I raised the fee bar all the way to the highest but it still says ...
1
vote
0answers
58 views
Does bitcoin dust fee rule or policy activate in bitcoin testnet?
Does dust fee rule activate in bitcoin testnet?
I create a tx in testnet with output is dust,the tx always relayed and go into block,
but in main net it report dust transaction error.
Why bitcoin ...
0
votes
0answers
83 views
Get Coinbase.com miner fee before sending to another address
I am using coinbase.com php library to send bitcoin to another address. But every-time i am sending bitcoin the fee is shown to me after sending the bitcoin. This is causing me some problem. Is there ...
1
vote
1answer
32 views
Why estimatesmart fee returning the same fee for diffeent blocks number?
I am trying to calculate the fee per kb using the estimatesmartfee.
I had called estimatesmart fee with different type of blocks number .The fee remaing the same.
estimatesmartfee(2)=...
0
votes
1answer
30 views
Does BTC return fee in a failed transaction?
From wiki 'The fee may be collected by the miner who includes the transaction in a block.' wiki
So I think it will return your fee , in a failed transaction.But I can't find any other article about ...
2
votes
1answer
93 views
Do I have to pay Fees on the Lightning Network if there is a Payment Failure?
Lightning nodes are talking fees for routing a payment. Will fees be charged anyway if a payment fails?
-1
votes
1answer
41 views
Limitation for minimum output size? AND a fixed per-transaction fee for payments in Bitcoin?
In the following article by http://lightning.network/ entitled: "The Bitcoin Lightning Network Summary", (Link to the article) is mentioned:
"Lightning enables one to send funds down to 0.00000001 ...
0
votes
1answer
160 views
How to calculate the transaction size?
Is it possible to calculate the transaction size from the transaction id ?
1
vote
1answer
46 views
What is a fee market? Does it mean that blocks should be full, esp. after several halvenings?
As we all know, Bitcoin had experienced an unprecedented long-lasting congestion period in 2017. This seems quite horrible to some people generally, but it seems that such phenomenon was on the ...
-1
votes
2answers
70 views
BCH - estimatefee return -1
When I call estimatefee 1 in testnet it returns: -1
According to docs:
If the node doesn’t have enough information to make an estimate, the
value -1 will be returned
But on my bitcoin-cli ...
1
vote
0answers
24 views
How to send bitcoin without any fees to different btc address? [duplicate]
Now I am using regular client wallet to spend my btc amount. but it charges me miner fee, sometime it pretty high. I dont want to pay fees anymore.
My friend heard about a way to send btc without ...
1
vote
0answers
34 views
Why can’t lightning tx’s be signed with sighash single to allow for fee updates?
Are out-of-band fee payments to confirm a lightning closing transaction the only way to manage a situation where the sat/kw of a previously signed commitment tx are simply below market?
If additional ...
5
votes
2answers
169 views
Do UTXO's ever get consolidated to avoid complexitity?
In 'Mastering Bitcoin' (pg 130) it is explained that a transaction will require higher fees if it is complex. For example, if I collect bitcoin from 100 people to buy a single tent, then when those ...
1
vote
0answers
15 views
Dynamically change transaction fee using delegate service
My setup:
API service holding a bitcoind Full Node.
Client Wallet - I have no control over that system.
User application - Who gets the barcode for payments.
So, My API (1) only has the Receiving ...
0
votes
2answers
194 views
Abandoned transaction - now can't send anything
Earlier today I sent a tx with too low a fee (5.4sat/byte). After many hours in BitcoinCore I abandoned the transaction with the right-click option with a plan to send it again with a higher fee. I ...
1
vote
1answer
159 views
collecting block reward and transaction fees
i was reading document about transaction data and there seems to be two contradicting paragraphs:
Every block must include one or more transactions. The first one of these transactions must be a ...
1
vote
1answer
37 views
How are transaction fees collected in Bitcoin? [duplicate]
I'm looking into the structure of blocks in the Bitcoin blockchain, and I can't figure out when\how the fees collected by miner of the blocks are transferred to the miner.
According to what I can tell ...
1
vote
2answers
56 views
mining: losers get nothing?
if the winning miner takes the 12BTC+fees, unless you own the biggest mining operation out there, or are not a member of the biggest pool, why bother mining, if there is no prize for second place? ...
0
votes
0answers
29 views
What are the lowest fees for transparent and shielded Zcash transactions?
Currently, Monero transaction fees are an average of ~.00001 XMR for a private transaction.
What are the fees for a Zcash transaction when doing a transparent transaction and a ztransaction for ...
1
vote
2answers
80 views
How to cheaply melt many micro UTXOs?
I know this was probably brought up before but I cannot find any good resources on some potential, at least theoretical way of achieving this.
So basically I have a lot of UTXOs whose value is ...
-1
votes
1answer
74 views
How to send small amount of BTC to thousands of addresses? [closed]
I'd like to create a pool of addresses using Blockchain.com API.
But because of the gap limit on unused addresses I want to transfer minimal amount (ideally 1 Satoshi) and without any fees.
What's the ...
