Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 146. (Read 5352229 times)
July 04, 2018, 05:49:33 AM
Can I already add my dragons, kano ?
July 04, 2018, 05:23:40 AM
no it doesn't have to be open all the time.
Yep it uses electrum's servers to validate the block chain - the wallet doesn't do it.i.e. you have to trust electrum 100% ...
what else then?
nothing for win for a temp use. I am very illiterate in Linux and currently can't set aside Linux comp.
July 04, 2018, 04:41:39 AM
no it doesn't have to be open all the time.
Yep it uses electrum's servers to validate the block chain - the wallet doesn't do it.i.e. you have to trust electrum 100% ...
what else then?
July 04, 2018, 04:37:31 AM
no it doesn't have to be open all the time.
Yep it uses electrum's servers to validate the block chain - the wallet doesn't do it.i.e. you have to trust electrum 100% ...
what else then?
July 04, 2018, 04:26:19 AM
no it doesn't have to be open all the time.
Yep it uses electrum's servers to validate the block chain - the wallet doesn't do it.i.e. you have to trust electrum 100% ...
July 04, 2018, 04:10:00 AM
no it doesn't have to be open all the time.
July 04, 2018, 03:40:28 AM
Ok, have been using bitfinex for a wallet and I would like something else. Do please recommend either wallet or another exchange which hasn't been hacked.
Electrum
Thanks dude. And has to be open all time, right?
July 04, 2018, 03:10:46 AM
Ok, have been using bitfinex for a wallet and I would like something else. Do please recommend either wallet or another exchange which hasn't been hacked.
Electrum
July 04, 2018, 02:55:50 AM
Ok, have been using bitfinex for a wallet and I would like something else. Do please recommend either wallet or another exchange which hasn't been hacked.
July 04, 2018, 02:51:43 AM
Happy Independence Day Eve BTClock!
Keep 'em rollin'!
Happy Independence Day from Scotland to all our American friends now lets free some BTClocks Keep 'em rollin'!
July 03, 2018, 10:28:00 PM
...core changed it so that the fee calculation for a normal transaction is 4 times the fee calculation for a segwit transaction.
So, if I use the address that starts with a 3, then it's only 250 Sat/byte vs. the usual 1000?Edit: If that's the case, it seems to make sense--and cents
--to mine to a segwit address for at least the consolidating process... July 03, 2018, 09:17:22 PM
How does one know or find out when it is a good time to consolidate transactions?
I've heard others say they can control their cost by having an option or something?
Currently 1 sat/byte will settle in under 1.5 hours!I've heard others say they can control their cost by having an option or something?
inputs, has nothing to do with the actual amount of BTC 1 input of 1BTC is the same as 1 unit of 100BTC
Thanks for the info folks! But I'm still stuck on Exodus and going to have to pay high transaction fees... They have no options to pick from as far as fees. That said, when or if would be the best time to consolidate? sounds like I'm going to get it anyway right, no matter what unless transaction fees go down? Should I just hold there and wait? How often do they drop to the lower rates? I need a really easy SAFE, SECURE wallet for mining proceeds that I can set the fees with as I want to consolidate weekly or at least every couple of weeks...
I have a Nano S9 but it is acting up. Nervous to do anything there...Can that be recovered if Nano S9 goes bad? Just seems flaky...
Still scratching my head on what to do and when to do it...lol
Mine on with KANO-SAN!
July 03, 2018, 08:17:38 PM
Happy Independence Day Eve BTClock!
Keep 'em rollin'!
Keep 'em rollin'!
July 03, 2018, 08:04:49 PM
BTCamm!!! Great start this month!!!
July 03, 2018, 08:02:32 PM
Love it...another block! 
July 03, 2018, 08:01:35 PM
Block! by AsogAKBTC
Welcome to the Acclaim board with your 1st KanoPool block
Welcome to the Acclaim board with your 1st KanoPool block
July 03, 2018, 06:27:23 PM
Yes transaction fees are based on the byte size of the transaction - which is of course totally unrelated to the amount of BTC used.
A single input of say 60 bytes can be the same size no matter how much the actual BTC is.
The number of inputs and outputs will determine the size of the transaction.
The number of inputs would e.g. be the number of payouts you are consolidating - irrelevant of the amount of BTC in each payout.
The number of outputs when consolidating would normally be 1 and usually be 2 when paying someone: a) payment and b) the change.
Then just to really piss all the pools and miners off - core changed it so that the fee calculation for a normal transaction is 4 times the fee calculation for a segwit transaction.
Centralisation at it's best.
A single input of say 60 bytes can be the same size no matter how much the actual BTC is.
The number of inputs and outputs will determine the size of the transaction.
The number of inputs would e.g. be the number of payouts you are consolidating - irrelevant of the amount of BTC in each payout.
The number of outputs when consolidating would normally be 1 and usually be 2 when paying someone: a) payment and b) the change.
Then just to really piss all the pools and miners off - core changed it so that the fee calculation for a normal transaction is 4 times the fee calculation for a segwit transaction.
Centralisation at it's best.
July 03, 2018, 05:53:34 PM
inputs[.] [It] has nothing to do with the actual amount of BTC 1 input of 1BTC is the same as 1 unit of 100BTC
So, are you saying though that the 100BTC would have a high fee, then?Thanks all!
July 03, 2018, 05:46:07 PM
Has anyone been able to find out how these bytes are measured? Is it the more inputs and/or BTC that drives the size of the transaction up?
inputs, has nothing to do with the actual amount of BTC 1 input of 1BTC is the same as 1 unit of 100BTCNot if it's one input. 1 input of 1 BTC is the same in fees as 1 input of 500 BTC.
July 03, 2018, 04:58:00 PM
inputs, has nothing to do with the actual amount of BTC 1 input of 1BTC is the same as 1 unit of 100BTC
So, are you saying though that the 100BTC would have a high fee, then?Jump to: