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Questions tagged [transaction-fees]

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

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2answers
18 views

How to calculate the transaction size?

Is it possible to calculate the transaction size from the transaction id ?
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1answer
33 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
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2answers
26 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
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0answers
21 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 ...
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0answers
28 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
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2answers
112 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
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0answers
14 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 ...
-1
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0answers
9 views

How the transaction fees on BTC transfers will be calculated after all coins are issued? [duplicate]

How the transaction fees on BTC transfers will be calculated after all coins are issued ?
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2answers
66 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 ...
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0answers
22 views

I thought the transaction fee of bitcoin is low, why is this case so high? [duplicate]

I am new to bitcoin. I thought people said that the fee for trading bitcoin is very small. I tried sending my friend 0.5 mBTC and the fee (as small as posssible) was 0.02192 mBTC. It was 4.384% of the ...
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0answers
17 views

What is the proper way to find transaction fees estimation based on amount and confirmations in litecoin or bitcoin

Helli , I am creating one Altcoin from Litecoin source and after changing all confrontational changes things are working fine.Like mining and transfer and all Now while I am doing transaction which ...
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1answer
48 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
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1answer
34 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 ...
0
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2answers
47 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
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0answers
18 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
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2answers
51 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
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1answer
55 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 ...
1
vote
1answer
35 views

MultiSig address transaction high fee with no change

I was testing MultiSig transaction on testnet with raw transactions. I sent a transaction of 0.0012 from MultiSig 2-2 to a bitcoin address: https://live.blockcypher.com/btc-testnet/tx/...
1
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0answers
30 views

How to send bitcon with zero fee? [duplicate]

When I try use electrum or other wallets I have error: the transaction was rejected by network rules.\n\n66: min relay fee not met How to send bitcon with zero fee?
2
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1answer
18 views

Ignis transaction not included in the blockchain

The following transaction submitted to the Ardor blockchain remained unconfirmed and eventually expired, what is the the reason for this? { "senderPublicKey": "...", "isBundled": false, "chain":...
1
vote
1answer
39 views

Bitcoin transaction fee is more than balance?

I have some bitcoins which values 2.45 USD in my wallet. When I want to send my bitcoins, blockchain (my client) prevents to do it. It tells me that my fee is more than my current balance! I can't ...
0
votes
1answer
238 views

How to estimate/get network fees via blockchain.info API?

I am using blockchain.info API to send payments. but i need to know that what will I be charged by the network. So any way to get the network fee with specific amount to sent.. or how to generate it ...
3
votes
1answer
73 views

On the Bitcoin testnet, will transactions with higher fees get mined quicker?

I wonder if anyone here has spent enough time on the Bitcoin testnet to give me some insight on how the market forces there work. I am a teaching assistant in a university blockchain course with ~75 ...
-2
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1answer
30 views

What will be the fee in $ for a 500$ transaction? [closed]

What will be the fee in $ for a 500$ transaction ?
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3answers
1k views

Bitcoin transaction fee calculator

I'm new to bitcoin. Is there a website where I can type amount of BTC I want to send and type of transaction - Urgent, Normal, Economic and they give me the price in USD how much the transaction fee ...
1
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1answer
20 views

How to get output linked to input in SPV node?

We're working on bitcoin SPV wallet. After setting bloom filter, we only get merkle blocks, and transactions that match the hashes we set plus some false positives. If a transaction is where we SEND ...
0
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1answer
103 views

Manage multiple users wallets for web wallet service

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 ...
0
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1answer
32 views

How do I get network propagation of an unconfirmed transaction? (e.g. the number of nodes which have seen it)

I am running a business in which I receive ~10$ transactions. since the amount is too small I believe I will be safe just verifying the transaction has properly propagated through network and includes ...
2
votes
1answer
38 views

How does fee split between senders in a transaction?

I know how fee is calculated in a transaction, but I don't know how this fee amount split into senders. For example, consider the following transaction with 0 BTC miner fee: inputs: Alice ...
0
votes
3answers
47 views

What is resource of mining rewards

How the coins must be paid miners for mining process is provided? One of resources may be transactions fee. Is there any other resources for proving reward of miners?
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2answers
222 views

Blockchain vs. Banks: which one has more affordable transaction fees?

Maybe one of the issues researchers are trying to solve in blockchain protocols like Bitcoin or Ethereum is removing / decreasing "transaction fees". However, if we compare blockchain transaction fee ...
1
vote
1answer
68 views

How Bitcoin-Core does decide whether high fee during sendrawtransaction?

I am testing commands through Bitcoin testnet and Bitcoin Core. During the test, I intentionally attempted to create and broadcasts transactions by charging high fees.(1 BTC) During the final phase, ...
0
votes
1answer
37 views

Double transaction on same hash (transaction ID) - Loosing 0.01 btc each time [duplicate]

Each time I send some btc to another bitcoin wallet there is a second transaction on the same transaction ID (hash) and each times i am loosing around 75 USD. You can see by yourself here; https://...
0
votes
1answer
38 views

Any API to estimate the miner fee for a Bitcoin raw transaction?

Coming from the ethereum development scene, I guess I'm kinda spoiled by the availability of the web3 library which has easy access to the eth.gasPrice and eth.estimateGas methods to get the default ...
0
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1answer
57 views

Raw transactions - SubtractFeeFromAmount flag

I'm currently working on a project (I'm a beginner in the world of cryptocurrencies) where we are using Raw Transactions, I want to know if in raw transactions there's a flag similar to ...
1
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1answer
361 views

Bitcoin cli asks to use estimatesmartfee with new syntax that is not described in docs

In previous versions of bitcoin-cli I've successfully used estimatesmartfee 2 syntax. But now cli answers {'errors': ['Insufficient data or no feerate found'], 'blocks': 0}. How should I estimate fee ...
0
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1answer
38 views

How to unset fee rate after setting with RPC `settxfee`

After setting the fee rate with settxfee -- how do I re-allow bitcoind to set the fee automatically again? Or does the settxfee command only apply to the next outgoing transaction?
0
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3answers
91 views

Can I prioritize my transaction in Bitcoin?

How can I prioritize my transaction in Bitcoin? Does Bitcoin has any feature that can provide me fees required in case I want my transaction to be sent as high priority?
0
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1answer
30 views

Prioritizing BTC transactions using Bitcore APIs

I’m planning to give a feature in my application where a user can select type of priority (Fast, Average or Slow) for their transactions. How can I get fee required for each type? Does Bitcore API ...
0
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2answers
75 views

How to send bitcoins without paying or with extreme low fees and without having to proove my identity? [duplicate]

Of course, I know it’s no longer possible to get a transaction mined without a miner fee since 2011. It’s for sending from a single address to a single output address. But I have to split the sending ...
5
votes
1answer
119 views

How does a miner create a transaction input to spend tx fees?

I'm wondering where does a miner get an input for a transaction that spends the tx fees received from mining a block? It's not out of the coinbase transaction.
0
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2answers
102 views

Bitcoin Transaction using API with Custom Fees

I want to transfer Bitcoin from one individual address to another using API. But I want to set Transaction fees as per my requirement. So How can I do it ? Right now I am using blockchain-transaction ...
0
votes
1answer
46 views

How is mining profitable?

The miner that creates a block gets the reward and all the fees that are in that block. What happen with other nodes that does not create a block. In their case, will not they get any reward and ...
0
votes
1answer
127 views

Transaction fee is based on only “transaction size” ? or depends on “transaction amount” as well?

In the Bitcoin, transactions fees are different in value. Now the question is that this transaction fee is based on only "transaction size" ? or depends on "transaction amount" as well ? For example, ...
2
votes
1answer
41 views

Can two signed transactions be merged into one?

I'm in a situation where I have a presigned transaction, which, due to a bug in software that generated it, has a fee lower than minimal relay fee. I have that transaction's hex, but it can't be ...
5
votes
1answer
71 views

Can corrupted unspent transaction outputs list leading to higher than expected fee be seen as an actual threat?

Let's imagine, an attacker managed to corrupt your local list of unspent transaction outputs (or a blockhain explorer you use) in a way that certain unspent transaction outputs seem to hold less coins ...
0
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0answers
35 views

How do transaction fees cover the cost of all this electricity?

Last night's PBS Newshour had a bitcoin segment https://www.pbs.org/newshour/show/cheap-power-drew-bitcoin-miners-to-this-small-city-then-came-the-backlash where it says, in part (search that web ...
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0answers
15 views

How to set bitcoin core for each fixed miner’s fee?

I use the Bitcoin Core wallet. How do I set a fixed miner's fee for each transaction?
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1answer
24 views

How to make the commission for withdrawal of Bitcoin on the exchange consistent with the miner’s fee viewed on the blockchain browser

I transferred Bitcoin on the exchange and found that the fee charged for filling in is inconsistent with the miner’s fee viewed in the blockchain browser. How do I ensure consistency? Thank you!
1
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1answer
238 views

Bitcoind estimatesmartfee

I am trying to get transaction fee for sending all btc to another account. I use estimatesmartfee to get tx fee, I have total btc amount of 0.0195btc, so I pass 0.0195, but I get JSON integer out of ...