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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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0answers
21 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
17 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
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1answer
17 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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0answers
8 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
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1answer
101 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
24 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
39 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
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2answers
59 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
251 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
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1answer
29 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
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1answer
67 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
38 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
35 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
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0answers
18 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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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
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1answer
38 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
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1answer
28 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
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1answer
53 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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2answers
71 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 ...
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0answers
24 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
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0answers
37 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
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1answer
29 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
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1answer
37 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
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0answers
92 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 ...
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0answers
46 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 ...
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0answers
45 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 ...
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1answer
28 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
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1answer
28 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
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1answer
72 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?
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1answer
40 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
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1answer
96 views

How to calculate the transaction size?

Is it possible to calculate the transaction size from the transaction id ?
1
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1answer
44 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
61 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 ...
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0answers
23 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
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
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2answers
148 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 ...
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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 ...
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2answers
140 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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1answer
128 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
35 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 ...
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2answers
53 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? ...
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0answers
28 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 ...
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2answers
76 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 ...
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1answer
64 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
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1answer
64 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/...
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0answers
32 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?
3
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1answer
22 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
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1answer
41 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
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1answer
638 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
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1answer
140 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 ...