Questions tagged [transaction-fees]

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

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112 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 ...
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1answer
702 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 ...
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1answer
106 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?
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667 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?
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1answer
45 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 ...
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2answers
527 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 ...
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1answer
157 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.
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2answers
227 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 ...
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1answer
63 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 ...
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1answer
348 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, ...
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1answer
98 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 ...
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1answer
101 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 ...
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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!
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1answer
654 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 ...
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2answers
562 views

What is the smallest fee you can pay for an on chain transaction?

From what I understand, the smallest fee you can pay to miners per transaction is 1 Sat/byte. With a basic Bitcoin transaction being roughly 250 bytes that would obviously mean the fee is 250 sats. ...
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1answer
400 views

20% difference between settxfee and actual transaction

I set transaction fee with : $ bitcoin-cli settxfee 0.00003000 Here is what i observe from block explorer for my transaction : https://testnet.blockexplorer.com/tx/...
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0answers
419 views

Samourai Wallet Can't Increase Transaction Fee with Error: “Cannot create CPFP transaction”

Using the samourai wallet on android. I sent made a bitcoin transaction with a 1 sat/b fee. It's been uncofirmed for 2 days already. I tried to click on the "increase transaction fee" button, but I ...
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2answers
125 views

How much will be the fee after all bitcoins are mined? [duplicate]

Because mining is every time harder, and hence more expensive, right now is profitable because the btc is rising, but what will happen when btc price is stable and miners won't get any extra reward, ...
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1answer
141 views

What is this code saying ?

16: bad-txns-in-belowout (code -26) With the Bitcoin Core Console I get this code when I'am done signing my transaction. I get this message instead of a transaction ID number. What is it ?
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2answers
142 views

Is there any wallet that that sets fee based on input amounts (not tx size)?

Generally the fee is based on tx size in the wallets I am aware of. Is there any wallet that allows setting fee based on a fixed fraction of total input value (say, 1/1000th of the inputs value)? ...
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2answers
348 views

How to sweep a Bitcoin Core wallet?

I have created an account in a bitcoind wallet which has got some 1.055btc which has to be wiped out to 0.00BTC to another account. so the actual BTC has to be sent is 1.055 - transaction fee. Is ...
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2answers
72 views

Would requesting a refund for a Bitcoin order be a better way to transform your Bitcoin in national currency?

Let example.com be a shop on the internet accepting Bitcoin as payment system, along with USD payments. In the context of a refund, the user gets back USD. Now, Alice has, let's say some bitcoins, ...
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1answer
39 views

How Long Does Miner Wait To Receive Commission From Transaction Fee?

I cannot find the answer so please cite a source if you have one: How long does it take when a miner successfully mines a block to receive the commissions from the transactions included in that block? ...
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1answer
150 views

Processing my own transactions

I was reading this information regarding the MEMPOOL: https://coinsutra.com/bitcoin-mempool/ Suppose I have a transaction that contains a certain number of entries (ex: 300). In addition, suppose I ...
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1answer
42 views

Mining-your-tx as a Service?

When I'm sending my transaction, it's "competing" with other transactions for being mined. Are there any mining pools with the following service: I'm giving them my address I'm topping up my balance ...
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1answer
1k views

What is the Default Rounding for 8 digits in Binance,tradingview,etc

I have a problem. I am struggling to calculate programmatically the number of cryptocurrencies because I sometimes have inaccuracies in the last digit. Does anybody know what the problem is? (Of ...
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1answer
37 views

Is it more profitable to mine non-SegWit blocks

The fees for a SegWit address are lower than non-Segwit ones. Is there less fees per block with Segwit blocks? Is it less profitable to mine Segwit blocks?
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1answer
70 views

Why don't private blockchain networks that do not charge for transactions charge a fee when processing ethereum/ proprietary token on the network?

I ask this questions because there seems to be 2 flavors of blockchain: 1. Public think bitcoin and ethereum. 2. Private hyperledger, SAP Leonaro, etc. The public network charges for transactions to ...
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1answer
81 views

What is the most cost-effective way to distribute a Bitcoin into 1000 different addresses?

If I have a wallet/address with 1BTC in it, how can I distribute it to 1000 different addresses (1k new addresses with 0.001BTC in each), paying the least amount of transaction fees? Sending 1000 ...
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2answers
84 views

Where does this pattern in the feerate distribution per block originate from?

While building a tool/visualization that displays the feerate of a transaction according to it's position in a given block I came across a patter in some blocks. I expect a typical block to start ...
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1answer
428 views

Litecoin - mandatory-script-verify-flag-failed (Signature must be zero for failed CHECK(MULTI)SIG operation)

I have manually a raw transaction using bit library in order to send a transaction using Litecoin testnet. After adjusting fee's and other network variables I got the following error that is stated in ...
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1answer
1k views

How to get transaction fee from raw transaction?

I know that we have to calc inputs total minus outputs to get transaction fee, but using getrawtrasnaction RPC call, inputs values are not attached. how is it possible to get transaction fee? Array ( ...
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2answers
478 views

Has UTXO selection methods changed since activation of Segwit?

Before Segwit, transactions were penalized higher fees for having more inputs than outputs due to the input size being larger despite those transactions actually decreasing the global UTXO set. Segwit ...
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1answer
48 views

agregate bitcoin addresses with tiny amounts into single wallet

I've got a dozen of addresses (+private keys) with very small amounts on them (0.001 to 0.01 btc). I found many hints and suggestion like this one but I cannot realize how to implement this. Can ...
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1answer
100 views

What happens to my transaction if it is not accepted by miners?

Let's say I haven't any fee or I paid a little fee. Miner didn't accept my transaction and still haven't got one confirmation. What will happen to that transaction? Will it rollback or Will it be in ...
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1answer
207 views

Flooding mempool with fake high fees transactions

Suppose, A is a malicious attacker. He wants to flood the mempool with fake transactions. I know if an attacker broadcasts fake transactions with no fees, then mining nodes will simply increase the ...
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1answer
87 views

Where do I check if a 1 satoshi / byte fee will go through for a 3xxx address segwit transaction?

Where can I go to see if I set a 1 satoshi / byte fee that it will go through in a bitcoin transaction when using a 3xxx segwit address?
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1answer
335 views

Pycoin: How to send transaction?

There is a problem in making and sending transaction. I got UTXOS by using API(GreenAddress), and from utxos I made a transaction. But calculated fee is always larger than one in original GA service. ...
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1answer
96 views

Fees higher than block reward

I know this would not be possible but in-case someone just decided to try it out or accidentally put a high transaction fees (more than 12 bitcoin), so what will it happen? Will the block reward ...
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1answer
109 views

Bitcoin wallet website

I am new in bitcoin. I am developing a PHP website to let users build their wallet on my website. I want to give every user a wallet. I do not want to give users private keys. I keep private keys, so ...
0
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1answer
258 views

Sweeping funds from addresses generated by Extended Private Key (BIP39)

I have a site that is trying to process micropayments. It uses a mnemonic / extended private key generated here to generate a new Bitcoin address for every payment. Everything works fine except I'm ...
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1answer
68 views

Where can I find the current fee I can pay on my transaction live?

I'm not sure what fee to put when sending btc. Is there a site where I can see what fee I can choose? It doesn't need to be priority send, but it just needs to get there within a day. Is there a site ...
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3answers
137 views

What's the advantage of using bitcoin to buy coffee?

Why would an average consumer prefer bitcoin over fiat options like credit card and ApplePay to buy coffee? Even assuming bitcoin transaction fee is minimal and instantaneous (say, after implementing ...
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1answer
67 views

Provide payment processing to my community

I want to create a simple app to allow people accept Bitcoin in my community with low fees. I was thinking to build a full node on my server and made all of the transaction pass through it, do you ...
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1answer
555 views

How to send btc from multiple addresses to a single btc address?

Let's say, I have 3 btc addresses A, B, C i.e; 1 BTC in address A, 1 BTC in address B, 1 BTC in address C. Now I want to send 3 BTC to another address. How to do that and what about the miner fee?
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1answer
109 views

Can I set a zero fee to transaction if there is less transaction volume than space in the blocks?

I'd like to set a zero fee to transaction when block is spacious. Is it acceptable and can be confirmed by network, miner on BTC, BCH, BTG ... these chain?
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1answer
517 views

Are there minimum transaction fee, and is it based on the number of input transaction (UTXO)?

I know probably everyone give an extra transaction fee, but are there minimum transaction fee that one must pay, and is it based on the number of input transaction (UTXO)? And I have read that wallet ...
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0answers
66 views

Bitcoin-core 0.15.1 gettransaction showing wrong fee for some transactions

What makes me wonder, this happens just for some transactions Take a look at this transaction: 20179d0d2fba68b2ca82ab8cc5faa39ced73324af6b90b6505cca2c3d65102a6 As you can see inputs/outputs fee is: ...
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2answers
526 views

What is the size of different types of channel funding/closing transactions for the Lightning Network?

This matters a lot for people who want to host a Lightning Network node and will influence LN-transaction fees, because a node-host has to justify the miner fees of setting up channels for others with ...
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1answer
2k views

How can you consolidate your personal UTXO set? (different wallet answers welcomed)

With network fees so low at the moment, I've seen a lot of recommendations to take the opportunity to move funds to segwit addresses and consolidate your UTXO set. During peak congestion, many smaller ...

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