9
votes
Accepted
How can I cheaply consolidate P2PKH outputs?
There really is no better answer than "wait for fees to come down". That might not be the most satisfying answer, but fees were below 2 sat/vB only a month ago, and the vast majority of ...
- 6,798
2
votes
Network fee more than transaction?
When you move bitcoin from one address to another, a transaction fee is incurred, and that fee is paid to the miner that mines the block that your transaction is included in.
So when you eventually ...
- 18k
1
vote
Setting high tx fees (paytxfee, maxtxfee,..)
Solved. Despite definition in bitcoin.config, when calling sendrawtransaction we need to pass again the maxfeerate
sendrawtransaction raw_tx_hex 1000
- 31
1
vote
Paper Wallet: can I use the import option in my case?
You can import keys into Electrum. Imported keys cannot be recovered using a recovery / seed phrase, so special care is needed to avoid loss.
Sweeping transfers money into an address corresponding to ...
- 25.3k
1
vote
Accepted
Is there an incentive to broadcast high fee transactions?
The vast majority of nodes on the Bitcoin network do not participate in mining. Wallets are usually either connected to a) a full node controlled by the wallet owner, b) a full node controlled by the ...
- 73k
1
vote
Is there an incentive to broadcast high fee transactions?
What you're missing is that it doesn't matter. If Alice wants to send a message to Bill and Bill wants to hear the message from Alice, if both Alice and Bill are connected to the Internet, it doesn't ...
- 51.5k
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