Skip to main content

Questions tagged [transaction-fees]

Transaction fees are paid to miners by the sender of a transaction. This money rewards miners for the work they do in putting transactions into a specific order and adding them to new blocks to be added to the list of transactions known as the blockchain.

3 votes
1 answer
513 views

Why do protocol developers work on maximizing miner revenue?

A Twitter user asks: "Why are so many [protocol engineers] so worried about miner revenue? [...] IMO, it would be best to focus on what the end users want, not large corporation wants." (...
David A. Harding's user avatar
3 votes
1 answer
92 views

bitcoin-cli listtransactions fee amount is way off, why?

I am using the default signet network, my txid is 3923927eb3b6213bab5d0bee8364a87eafe357cb4d42ce6c587f0372735c7ff0. bitcoin-cli listtransactions shows a fee of 0.00596777 when in reality the fee is 0....
Fontaine's user avatar
  • 522
0 votes
0 answers
21 views

Network fee accuracy question [duplicate]

I have an investor telling me he made 7k in bitcoin from a 200$ investment today. He says there is a network fee of 500$ to withdraw the funds for me. Is this or can this be accurate?
Sean's user avatar
  • 1
1 vote
1 answer
63 views

How does subtractfeefrom work?

From the description of Bitcoin Core, subtractfeefrom is a parameter to define which recipient address would opt-in to receive less and contribute to pay the fee Here is a usecase: Alex has one UTXO ...
Stanley Yuen's user avatar
0 votes
0 answers
16 views

how to calclate the fee of a segwit transaction? [duplicate]

I am using bitcoin-js to construct a PSBT transaction. Suppose address A has 10 UTXOs, each containing 0.0001 BTC. Now I want to construct a transaction to send 0.0005 BTC to address B. If I use 5 of ...
user151983's user avatar
1 vote
1 answer
60 views

How can a replace occur with a tx with lower fee and feerate?

I have seen a tx A get replaced by a tx B, where B had a lower fee and feerate than A and it was broadcasted later. How is it possible? These are the txs details: Tx A: segwit, ̶t̶a̶p̶r̶o̶o̶t̶, ...
user80100's user avatar
0 votes
1 answer
42 views

Bitcoin Core: "Increasing transaction fee failed (Unable to create transaction. Insufficient funds)"

I sent a RBF transaction, and it's in the mempool. I'd like to increase the fee so it confirms sooner. ¿Why does Bitcoin Core say: Increasing transaction fee failed (Unable to create transaction. ...
Geremia's user avatar
  • 4,704
1 vote
1 answer
97 views

Increase the fees in regtest

I have a Regtest environment with some Lightning nodes. I need to make the fees go up a lot to do some tests on how the Lightning nodes behave with high fees. What would be the most efficient/simple ...
polespinasa's user avatar
0 votes
0 answers
133 views

What is the correct way to calculate testnet BTC fees?

Recently, the fees on Testnet seem to be going wild. I tried to send 20,000 satoshi and it cost me 27,000 satoshi. I used a feerate based on blockstream.info's fee estimate and calculated the fee ...
ron s's user avatar
  • 13
0 votes
0 answers
10 views

Transaction is unconfirmed [duplicate]

This transaction is unconfirmed, is there any thing I can do to make it faster? Is the BTC recoverable if it never gets confirmed? f7d89f931080642a718575e0d103e8bc755dde6bae362c3d6e1c674b0d396284
Jakes's user avatar
  • 1
1 vote
1 answer
114 views

Why do some transactions wildly overpay fees?

It's very common to see transactions that pay extremely high fee rates, easily 10, 100, or more times the any reasonable high-priority fee rate. Who makes these transactions, and why do they overbid ...
Casey Rodarmor's user avatar
-1 votes
1 answer
48 views

Is it possible for the commit and reveal transaction to be on the same block?

I'm new to the inscribing process and I noticed there were two transactions required for inscribing. Is it possible to have these on the same block? or is there a way to control the tx fee on the ...
tansan's user avatar
  • 1
0 votes
0 answers
17 views

Is ByteTrust and legit company [duplicate]

I would like to know if ByteTrust is legit! I have ask for a withdrawal from my account since 01/05/2024. First they ask for a deposit of 20% of the total sum (which I submitted) in order to take the ...
chino's user avatar
  • 1
3 votes
1 answer
93 views

Is it even possible to spend a stash of 1-sat UTXOs?

In terms of UTXO management, I have the following extreme example to illustrate my question. Let's say I have 1 BTC with 100 million UTXOs of 1 sat each (or even 10 million UTXOs with 10 sats each). ...
Leo's user avatar
  • 103
1 vote
1 answer
68 views

RoboSats without any BTC to start with?

I want to buy BTC without KYC. Therefore I want to use RoboSats. However, RS charge a small fee (to be paid in sats) for each order. Since I don't have BTC to begin with, I cannot pay the fee. Is ...
Thomas's user avatar
  • 13

15 30 50 per page
1
2 3 4 5
68