Questions tagged [transaction-fees]
This tag should be used for questions related to paying transaction fees in the Bitcoin network.
714
questions
5
votes
3answers
125 views
How is the size of a bitcoin transaction calculated
From what I understand, the fees set on bitcoin transaction are based on a recommended fee (mostly, from a 3rd party service) per byte of the transaction size. What I am curious about is how do ...
1
vote
2answers
52 views
Calculate transaction fee for external addresses which doesn't belong to my local bitcoin-core server?
I am doing transaction on addresses which are created outside of my local bitcoin-core server using third party lib. I am having its private/public key. I am
able to create raw transaction using "...
2
votes
1answer
36 views
How do I calculate transaction fee for call to createpsbt()?
When my user invokes my app, he passes as an input parameter the desired value of the TX fee in satoshis per byte. I create a PSBT by calling createpsbt(). I exert complete control over the ...
2
votes
1answer
26 views
What happens if the commitment tx fee is too low?
How often are commitment tx fees negotiated?
Is it every time a payment is made and a new commitment transaction is formed?
What about if there are no payments but both nodes see that the on chain ...
0
votes
1answer
46 views
Calculating the cost to send bitcoin?
This is a follow-up post to this question.
I am using Electrum to send Bitcoin. From what I can gather, it doesn't seem like there is a way to know your "inputs" upfront. The inputs are the various ...
2
votes
0answers
67 views
Intermittent error “min relay fee not met” even with decent fee and custom Electrumx+Bitcoind
I have an automated system that sends BTC payments via Electrum for a client.
Now, it happens again and again that payments keep failing with "min relay fee not met" (RPC call failed: {"code":-32603,"...
0
votes
0answers
11 views
Transaction unconfirmed after almost 16 hours [duplicate]
Please help. I was sent about 0.01762886 BTC about 16 hours ago an it still isn't confirmed yet. Transaction id: a4d0485bdc31657610db67b81ce62af54b460ed020bf12ba6bff4dbeb582be9c
I need this urgently. ...
1
vote
1answer
27 views
Can a non-miner third party help other people's transactions to confirm faster?
If I recall correctly, in 2017, when the mempool was full, there were some guys bumping other people sent transactions that were stuck in the mempool.
Is that possible? How does that work?
0
votes
0answers
11 views
How to get beas fee per kilobyte of next block
I am requried to give customer the best fee in next block.
Current,I find 3 solutions to get fee.
using rpc method estimatesmartfee
using history block
using rpc method getblocktemplate
Which or ...
0
votes
0answers
20 views
How to get concerned specific unspent(coin selection algorithm) from list of unspents in a wallet to calculate transaction size
I have a problem to calculate dynamic transaction fees. The problem which i am facing is to calculate the transaction size.
When i have one unspent in my wallet it is too easy to calculate transaction ...
0
votes
1answer
36 views
What stopping miner from altering value in transaction to increase transaction fee?
I'm learning bitcoin through this book "Mastering Bitcoin, 2nd Edition by Andreas M. Antonopoulos". I'm at Chapter 6 "Transactions".
Here is my doubt:
Example there is node A, received transaction ...
2
votes
1answer
56 views
-fallbackfee option in sendtoaddress
I'm trying to send some bitcoins using bitcoin-cli API, but bitcoin core tells me that Fallbackfee is disabled. How can I set a value for fallbackfee?
I've tried to specify it like
bitcoin-cli ...
9
votes
2answers
5k views
Why don't miners charge more for high value transactions?
I know high and low value transactions take up the same amount of space in the blockchain.
But wouldn't btc be more economical and fair if miners deliberatly chose transactions based on the value/fee ...
0
votes
1answer
41 views
Is it possible to make a transaction with no transaction fee?
Is it possible to make a transaction with no transaction fee? Is it possible to pay more fee to prioritize your transaction?
4
votes
3answers
246 views
How to calculate coin supply at each block height from all transactions?
We are working on a small project and imported all block information to mongoDB. Right now we're aiming to calculate the coin supply regarding to the block number.
My plan is to loop through all ...
3
votes
2answers
1k views
Transaction with highest fee, but stuck, what did I do wrong?
I recently sent btc that appears to be stuck (https://live.blockcypher.com/btc/tx/c131d65d933e343f852021830b833123de952c1857f264503388cf642655c457/)
The interesting thing is that I used a higher fee (...
1
vote
2answers
84 views
How to send zero fee bitcoin transaction
Please does anyone know how I can send zero fee bitchin transactions? I know if might not confirm, I just wanna know if there are any wallets or sites or softwares that I can use to accomplish this.
0
votes
1answer
58 views
Which wallets support double spending?
Which wallets support double spending? i.e. cancelling a transaction with 0 confirmations by using higher fees
0
votes
0answers
18 views
How work settxfee on 0.13.0? [duplicate]
I do
bitcoin-cli settxfee 0.00088496
true
or
$fee = '0.00088496';
if ($bitcoin->settxfee($fee)) {
and then
$redeem = $b->sendtoaddress($address, 0.0001);
And I expect payment in bytes will ...
0
votes
1answer
39 views
Deduct transaction fee always from 1 receiver address if sending some BTC amount to 2 different receiver addresses in single transaction
Need help!! anyone there..
How to Deduct transaction fee always from 1 receiver address if sending some BTC amount to 2 different receiver addresses in single transaction
0
votes
1answer
50 views
How many BTC have been paid in fees, in total?
Is there a graph or some data points for the total BTC paid in fees?
I'm interested in total BTC as % of the issued BTC at various points in time as well.
1
vote
1answer
86 views
what is measured in units of sat/kw?
Whilst learning about bitcoin & lightning fees I have encountered the abbreviation sat/kw a few times, most recently here:
Why can’t lightning tx’s be signed with sighash single to allow for fee ...
6
votes
1answer
32 views
How can I force estimatesmartfee to return estimates on regtest?
Creating an app that utilizes estimatesmartfee, and it works in production, but I use regtest for automated testing and can't get it to return a value.
Looking at bitcoind tests it is splitting UTXOs ...
0
votes
1answer
50 views
Fraudulent transaction
I have been in contact with a blockchain group and they are supposed to have a large amount of money sitting in my wallet waiting for withdrawal. I have had to send a large amount of money to try to ...
-1
votes
1answer
46 views
What feerate estimation APIs are there?
Some company's, block explorers and payment processors offer a public API for feerate estimations. Is there a list of publicly available feerate estimation APIs?
2
votes
1answer
37 views
Scaling fee solution for Bitcoin lightning?
Currently it cost $0.000116736 USD (1 satoshi) fee to make a transaction on lightning. What are some other scaling solutions to lower the fees? Can we just increase the decimals and have sub-satoshi ...
0
votes
0answers
25 views
Bitcoin-cli transaction fee reset
How do you reset the txfee after you successfully did the transaction? I mean, getting it back to "automatic fee"?
3
votes
1answer
85 views
How does the tx fee in sendmany method get calculated?
In sendmany there is a conf_target parameter with the comment "Confirmation target (in blocks)". Does that mean that Bitcoin Core implicitly calculates and sets a smart fee for a given block target?
...
1
vote
1answer
159 views
Bitcoin-cli cannot estimate fees
I am trying to send transaction using bitcoin-cli but I am constantly getting:
admin@XXXX:~$ bitcoin-cli sendtoaddress "XXXXXXX" 0.1 "" "" false true 5 "ECONOMICAL"
error code: -4
error message:
Fee ...
0
votes
1answer
85 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
412 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
105 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
111 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
81 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, ...
3
votes
1answer
166 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
71 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
43 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
159 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
328 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
59 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 ...
2
votes
1answer
415 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
82 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
48 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
63 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
41 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
34 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
159 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
106 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
1answer
50 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. ...
