Questions tagged [transaction-fees]

This tag should be used for questions related to paying transaction fees in the Bitcoin network.

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23 views

Why are there equal send transactions for each receive on Bitcoin Core?

I've lunched a new Bitcoin core wallet, and generated some addresses using it. Then I tried to receive some BTC to these address, and then, found out if I receive some BTC, there are equal send ...
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41 views

Creating a unconfirmed bitcoin transaction

I know that it's sounds ridiculous, but i need to create an unconfirmed bitcoin transaction that will be unconfirmed for 2+ hours.I came to a conclusion that i need to create a 0 fee transactions but ...
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268 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 ...
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68 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 "...
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1answer
42 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 ...
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1answer
28 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 ...
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1answer
47 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 ...
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76 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,"...
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12 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. ...
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1answer
28 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?
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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 ...
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21 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 ...
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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 ...
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1answer
81 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 ...
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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 ...
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1answer
42 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?
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3answers
258 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 ...
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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 (...
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101 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.
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1answer
76 views

Which wallets support double spending?

Which wallets support double spending? i.e. cancelling a transaction with 0 confirmations by using higher fees
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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 ...
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1answer
40 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
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1answer
51 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.
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1answer
91 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 ...
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1answer
36 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 ...
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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 ...
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1answer
48 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?
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1answer
39 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 ...
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28 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"?
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1answer
91 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? ...
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1answer
184 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 ...
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1answer
88 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(...
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425 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 ...
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113 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 ...
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1answer
113 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 ...
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1answer
102 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, ...
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1answer
168 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.
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1answer
72 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 ...
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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...
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2answers
166 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
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2answers
331 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 ...
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1answer
63 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 ...
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1answer
456 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?
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1answer
91 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) + ...
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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 ...
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0answers
74 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 ...
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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 ...
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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
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1answer
35 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 ...
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1answer
173 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 ...

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