Questions tagged [transaction-fees]

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

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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 ...
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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"?
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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? ...
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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 ...
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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(...
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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 ...
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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
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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
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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, ...
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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.
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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.
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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 ...
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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...
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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
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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 ...
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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 ...
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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?
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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) + ...
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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 ...
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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 ...
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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
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
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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
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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 ...
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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 ...
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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. ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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)=...
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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 ...
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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?
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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 ...
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1answer
160 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
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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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
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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
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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 ...
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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? ...
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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 ...
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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 ...
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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 ...