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Topic: Fee settings (Read 170 times)

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Activity: 266
Merit: 13
November 02, 2017, 06:33:56 PM
#1
This was to be a rant about Exodus client... but I rechecked my numbers and realised I mis-read info on the blockchain.

However, the root of this mis-understanding is lack of transparency.  Why do common wallet tools not allow the user one to adjust and see clearly all the fees involved?  I understand calculating satoshis is a pain, but i should be able to change this if I choose and see them clearly.

Exodus provides no configuration or feedback on fees at all.  Jaxx as another example offers "fast, average, slow" but not actually cost at the time.  Electrum gives some configuration, but its confusing (whats the dynamic fee? will the max fee be applied?).  I miss Multibit that was very flexible and practical in this area, you could explicit set the fee rate in and it told you how much the transaction would cost.

Anyway, share your thoughts on setting of fees.
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