So, I tested out the Armory client, threw a few BTC at it then sent it back:-
https://blockchain.info/tx/1bc9733c557833d9a41b0f67c20e007fbf906e53e988abfdfe26f753e40ca2a6Everything was good, until, well, it
forced me to send a 0.0005 fee, which, isn't a lot until you take into consideration it's almost $0.40 to send $7, almost a 5% tax for sending. Looking into the BTC specifications:-
https://en.bitcoin.it/wiki/Transaction_feesShould it have not been a 0.0001 fee?
Otherwise, the reference implementation will round up the transaction size to the next thousand bytes and add a fee of 0.1 mBTC (0.0001 BTC) per thousand bytes[1]. As an example, a fee of 0.1 mBTC (0.0001 BTC) would be added to a 746 byte transaction
The transaction itself was only 587 bytes, which, rounded up to the next thousand is 1,000, which, is a .1mBTC (0.0001BTC) fee. I understand the software is beta, and, it may have been a bug, but, can anyone tell me why (assuming it wasn't a bug) it forced me to pay .5mBTC rather than .1mBTC?
Thanks,
Automatic.