Blockchain.info add dynamic fees | Bitcointalksearch.org

carlfebz2

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Quote from: erikalui on June 26, 2017, 11:06:41 AM

Quote from: Taki on June 26, 2017, 08:23:14 AM

Quote from: erikalui on June 26, 2017, 04:34:26 AM

It's been an option for already 2-3 weeks and even I set a customized fee while sending the coins to my another address. They introduced this option and removed multisend option which doesn't make sense. The network fee also has increased from 220-300/350 sats per byte. Blockchain cannot be considered a secure wallet anymore as they either remain under maintenance for 1-2 days or stop sending alerts of transactions.

Multisend option has sense. Especially for such things as signature campaigns. They have like 20-100 participants and now instead of to send money to everybody at once the manager has to send payment one by one. I faced this kind of problem like two weeks ago when Blockchain.info removed this option and I was waiting 5 (!) days to get payment. It maybe ok for those to whom such payment's don't play any big role, but I am unemployed and I live with this money.

Blockchain was mostly used for their multisend feature only while now all have moved to electrum and have stopped using blockchain. They shouldn't have stopped it when the network fee is increasing with the price and people need to save on fees when sending coins in batches. This dynamic fee is nothing new as they let us set a fee earlier as well in the Advanced option.

Its not really surprising actually and that dynamic fee would be somehow useless I would like for them to put it back that multisend feature which have been sad above its really useful for those people who actively sends multiple address at once which we can really save up on fees on sending on bulks and they was true most people do need this kind of feature switch to electrum or bitcoin core .

shield132

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It's good that they added dynamic fees but there are so much important things to fix at first. Hope that dynamic fee won't be as bad as their recomended fee, I used sometimes and without transaction accelerators I would have to wait more than 1 day.
They have many problem, for example I lost access on one wallet because of their bad working system and had to register again. Problem was that after email confirmation (when typed id and pass) still wasn't able to login suddenly despite green confirm.

socks435

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It can be help a lot if they don't want to delay sending their bitcoin to other wallet they can choose priority instead or if they want o pay for less fee they can set it to the lowest fee which is it takes time before confirm..
Its more advantage right now because they already have auto estimation that really help a lot the same as new version of electrum..

~Bitcoin~

legendary

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Quote from: OmegaStarScream on June 26, 2017, 01:48:16 AM

It looks like It's now possible to edit the fees as we wish to just like Electrum have dynamic fees. We just need an easy way to export private keys and sign/verify messages and this wallet should be considered for using once again.

I don't think they will ever add this feature but we can still sign message and export our private keys there for imported bitcoin addresses.

This update is really nice and I have already noticed this however those calculation they have on satoshi/byte doesn't actually matches with real tx fee when you send out.

erikalui

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Quote from: Taki on June 26, 2017, 08:23:14 AM

Quote from: erikalui on June 26, 2017, 04:34:26 AM

It's been an option for already 2-3 weeks and even I set a customized fee while sending the coins to my another address. They introduced this option and removed multisend option which doesn't make sense. The network fee also has increased from 220-300/350 sats per byte. Blockchain cannot be considered a secure wallet anymore as they either remain under maintenance for 1-2 days or stop sending alerts of transactions.

Multisend option has sense. Especially for such things as signature campaigns. They have like 20-100 participants and now instead of to send money to everybody at once the manager has to send payment one by one. I faced this kind of problem like two weeks ago when Blockchain.info removed this option and I was waiting 5 (!) days to get payment. It maybe ok for those to whom such payment's don't play any big role, but I am unemployed and I live with this money.

Blockchain was mostly used for their multisend feature only while now all have moved to electrum and have stopped using blockchain. They shouldn't have stopped it when the network fee is increasing with the price and people need to save on fees when sending coins in batches. This dynamic fee is nothing new as they let us set a fee earlier as well in the Advanced option.

mrjoy15

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It's not a recent update following the Blockchain.info web wallet, even they implemented a dynamic fee option or whatever added advance send feature, offer some extra control towards the users these all significant changes in the Blockchain network doesn't fulfill increasing security as well. Online wallet all time high risk, but it's positive sign that Blockchain modified their network system and try to become a user friendly.

boyptc

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That's why I like to use blockchain.info again and will ever stick to this web wallet. The fees aren't that abusive even the price of bitcoin is increasing, it looks like they are trying to compete again because of this dynamic fee. And well 0.0001 BTC fee I thought I was having a blurry eyes but it's for real.

Taki

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Quote from: erikalui on June 26, 2017, 04:34:26 AM

It's been an option for already 2-3 weeks and even I set a customized fee while sending the coins to my another address. They introduced this option and removed multisend option which doesn't make sense. The network fee also has increased from 220-300/350 sats per byte. Blockchain cannot be considered a secure wallet anymore as they either remain under maintenance for 1-2 days or stop sending alerts of transactions.

Multisend option has sense. Especially for such things as signature campaigns. They have like 20-100 participants and now instead of to send money to everybody at once the manager has to send payment one by one. I faced this kind of problem like two weeks ago when Blockchain.info removed this option and I was waiting 5 (!) days to get payment. It maybe ok for those to whom such payment's don't play any big role, but I am unemployed and I live with this money.

erikalui

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It's been an option for already 2-3 weeks and even I set a customized fee while sending the coins to my another address. They introduced this option and removed multisend option which doesn't make sense. The network fee also has increased from 220-300/350 sats per byte. Blockchain cannot be considered a secure wallet anymore as they either remain under maintenance for 1-2 days or stop sending alerts of transactions.

btcney

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Quote from: OmegaStarScream on June 26, 2017, 01:48:16 AM

It looks like It's now possible to edit the fees as we wish to just like Electrum have dynamic fees. We just need an easy way to export private keys and sign/verify messages and this wallet should be considered for using once again.

The GIF is taken from Reddit.

Nice, I think that this is definitely going to be needed as fees become more and more expensive on the btc network, blockchain probably can't keep up on a daily basis the rise/fall in fees. It is recommended that you go to bitcoinfees.21.co and view the current recommended fee and set dynamic fee yourself.

I thought that signing was one of the easiest things that you can do on blockchain or am i mistaken? You just go to the address, and there's a sign button. Verify wise i don't htink that they have anything atm.

Quote from: freebutcaged on June 26, 2017, 03:02:22 AM

Did you just find out about it while it has been like this for more than a week now mate? but still they have failed, they removed the ability

Which we could set the exact fee manually, beside that now we can set sats per byte but we can't insert the desired and exact fee.

Even if it wasn't "news" from today, why not let everyone know? 1 week is considered very "recent" anyways.

freebutcaged

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Did you just find out about it while it has been like this for more than a week now mate? but still they have failed, they removed the ability

Which we could set the exact fee manually, beside that now we can set sats per byte but we can't insert the desired and exact fee.

OmegaStarScream

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It looks like It's now possible to edit the fees as we wish to just like Electrum have dynamic fees. We just need an easy way to export private keys and sign/verify messages and this wallet should be considered for using once again.

The GIF is taken from Reddit.

Topic: Blockchain.info add dynamic fees (Read 530 times)