multibit classic transaction fees | Bitcointalksearch.org

HCP

legendary

Activity: 2086

Merit: 4361

If you have MultiBit Classic then it is very easy to export your private keys... Just use "Tools -> Export Private Keys":

Don't encrypt it, otherwise you won't be able to open the output file in a text editor and copy/paste the keys Wink

But do be careful... If someone gets access to that file, they can take all your coins... So I'd suggest doing it while disconnected... Import to Electrum... Delete export file... And then reconnect.

HCP

legendary

Activity: 2086

Merit: 4361

Depends what you're really wanting to achieve... but in general, sweeping is probably "safer" than importing.

While both methods require you to "expose" your private keys... sweeping moves all the coins to new (and hopefully unexposed) private keys. Importing leaves the coins on the old keys which have effectively been exposed.

freebitcoins4u

hero member

Activity: 798

Merit: 500

i sent you PM.

ranochigo

legendary

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Quote from: freebitcoins4u on June 12, 2017, 10:00:35 AM

Quote from: HCP on June 12, 2017, 03:09:11 AM

It sounds like whatever you are pasting in the "sweep" dialog is not a valid private key(s). When you exported your private key... did you use a password or did you leave the password blank?

Does your password file look like:

Quote

# KEEP YOUR PRIVATE KEYS SAFE !
# Anyone who can read this file can spend your bitcoin.
#
# Format:
# [[]]
#
# The Base58 encoded private keys are the same format as
# produced by the Satoshi client/ sipa dumpprivkey utility.
#
# Key createdAt is in UTC format as specified by ISO 8601
# e.g: 2011-12-31T16:42:00Z . The century, 'T' and 'Z' are mandatory
#
Labc123abc123abc123abc123abc123abc123abc123abc123abc 2013-01-01T12:00:00Z
Kdef456def456def456def456def456def456def456def456def 2013-01-01T12:00:00Z
# End of private keys

or does it look like:

Quote

U2FsdGVkX1+YqTr9vabcfVlfKlCVTjR7kEg/xD4rEUB1tBBQm6chWSOSIUyJKK/9yjxFSHkge/xI
UCFq3MfFKqUbRnYcmOhNLBabcGRrbvsx3AawNvzp1sdHFXNvH3I+INMtYaoTjMEJVkQM8KnaUwZI
GE5PYKtMHncv+2pYA1/3Lg09hPA++jbvwL7L+NH6ZcljvYZxseu+3M45YNK1CJ/4xQJ+Yvo6OVqJ
nL7xIR0=

it looks like the first, i have only one private key, so from your example i paste to the sweep window, my key line that similar to this part:

Labc123abc123abc123abc123abc123abc123abc123abc123abc

is that correct?

That should be correct. I believe the problem doesn't lie with your private key. The sweep button cannot be pressed if the key entered isn't valid.

Could you post/ PM me your address?

freebitcoins4u

hero member

Activity: 798

Merit: 500

Quote from: HCP on June 12, 2017, 03:09:11 AM

It sounds like whatever you are pasting in the "sweep" dialog is not a valid private key(s). When you exported your private key... did you use a password or did you leave the password blank?

Does your password file look like:

Quote

# KEEP YOUR PRIVATE KEYS SAFE !
# Anyone who can read this file can spend your bitcoin.
#
# Format:
# [[]]
#
# The Base58 encoded private keys are the same format as
# produced by the Satoshi client/ sipa dumpprivkey utility.
#
# Key createdAt is in UTC format as specified by ISO 8601
# e.g: 2011-12-31T16:42:00Z . The century, 'T' and 'Z' are mandatory
#
Labc123abc123abc123abc123abc123abc123abc123abc123abc 2013-01-01T12:00:00Z
Kdef456def456def456def456def456def456def456def456def 2013-01-01T12:00:00Z
# End of private keys

or does it look like:

Quote

U2FsdGVkX1+YqTr9vabcfVlfKlCVTjR7kEg/xD4rEUB1tBBQm6chWSOSIUyJKK/9yjxFSHkge/xI
UCFq3MfFKqUbRnYcmOhNLBabcGRrbvsx3AawNvzp1sdHFXNvH3I+INMtYaoTjMEJVkQM8KnaUwZI
GE5PYKtMHncv+2pYA1/3Lg09hPA++jbvwL7L+NH6ZcljvYZxseu+3M45YNK1CJ/4xQJ+Yvo6OVqJ
nL7xIR0=

it looks like the first, i have only one private key, so from your example i paste to the sweep window, my key line that similar to this part:

Labc123abc123abc123abc123abc123abc123abc123abc123abc

is that correct?

HCP

legendary

Activity: 2086

Merit: 4361

It sounds like whatever you are pasting in the "sweep" dialog is not a valid private key(s). When you exported your private key... did you use a password or did you leave the password blank?

Does your password file look like:

Quote

# KEEP YOUR PRIVATE KEYS SAFE !
# Anyone who can read this file can spend your bitcoin.
#
# Format:
# [[]]
#
# The Base58 encoded private keys are the same format as
# produced by the Satoshi client/ sipa dumpprivkey utility.
#
# Key createdAt is in UTC format as specified by ISO 8601
# e.g: 2011-12-31T16:42:00Z . The century, 'T' and 'Z' are mandatory
#
Labc123abc123abc123abc123abc123abc123abc123abc123abc 2013-01-01T12:00:00Z
Kdef456def456def456def456def456def456def456def456def 2013-01-01T12:00:00Z
# End of private keys

or does it look like:

Quote

U2FsdGVkX1+YqTr9vabcfVlfKlCVTjR7kEg/xD4rEUB1tBBQm6chWSOSIUyJKK/9yjxFSHkge/xI
UCFq3MfFKqUbRnYcmOhNLBabcGRrbvsx3AawNvzp1sdHFXNvH3I+INMtYaoTjMEJVkQM8KnaUwZI
GE5PYKtMHncv+2pYA1/3Lg09hPA++jbvwL7L+NH6ZcljvYZxseu+3M45YNK1CJ/4xQJ+Yvo6OVqJ
nL7xIR0=

freebitcoins4u

hero member

Activity: 798

Merit: 500

Quote from: ranochigo on June 12, 2017, 01:50:21 AM

Quote from: freebitcoins4u on June 12, 2017, 01:48:25 AM

thanks,

i did everything but after i paste the private key and click ok. nothing happens. there is no dialog where i can click on broadcast...

Weird. Is there an address in the "address" box? If not, click on the address button.

Did you click on sweep?

yes there is an address, my electrum address, i tried to create new addresses as well by clicking the address button but still nothing.

and yes i also click sweep and got nothing.

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

Quote from: freebitcoins4u on June 12, 2017, 01:48:25 AM

thanks,

i did everything but after i paste the private key and click ok. nothing happens. there is no dialog where i can click on broadcast...

Weird. Is there an address in the "address" box? If not, click on the address button.

Did you click on sweep?

freebitcoins4u

hero member

Activity: 798

Merit: 500

thanks,

i did everything but after i paste the private key and click ok. nothing happens. there is no dialog where i can click on broadcast...

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

Quote from: freebitcoins4u on June 10, 2017, 09:29:39 AM

Quote from: HCP on June 10, 2017, 05:12:05 AM

It appears that MultiBit Classic is no longer being actively developed or supported. Unless you fork the source code on GitHub and modify the code and compile it yourself, the most it will ever allow as a fee is 0.0005 BTC... which is not enough these days with 300 sats/byte fees being commonplace. Sad

I would also not recommend MultiBit HD... it has some issues too... (check all the threads)... and there doesn't seem to be any update coming Undecided

so let says i will install electrum wallet and want to send from multibit to electrum, the max fee i can pay is 50k satoshi, so what will happen to the transaction? will it go through or stuck?

A normal transaction would take more than 50k satoshi in fees in total if you want it to be confirmed within a reasonable period of time.

I would recommend you to just sweep the coins into your Electrum wallet. Create an Electrum wallet, backup the Electrum seeds first. Next, follow this guide to export the keys[1]. In your Electrum client, go to Wallet>Private keys>Sweep and paste your private keys into the field and click sweep. You should see a dialog, just press broadcast and wait for the transaction to confirm.

[1] https://multibit.org/help/v0.5/help_exportingPrivateKeys.html

freebitcoins4u

hero member

Activity: 798

Merit: 500

Quote from: HCP on June 10, 2017, 05:12:05 AM

It appears that MultiBit Classic is no longer being actively developed or supported. Unless you fork the source code on GitHub and modify the code and compile it yourself, the most it will ever allow as a fee is 0.0005 BTC... which is not enough these days with 300 sats/byte fees being commonplace. Sad

I would also not recommend MultiBit HD... it has some issues too... (check all the threads)... and there doesn't seem to be any update coming Undecided

so let says i will install electrum wallet and want to send from multibit to electrum, the max fee i can pay is 50k satoshi, so what will happen to the transaction? will it go through or stuck?

HCP

legendary

Activity: 2086

Merit: 4361

It appears that MultiBit Classic is no longer being actively developed or supported. Unless you fork the source code on GitHub and modify the code and compile it yourself, the most it will ever allow as a fee is 0.0005 BTC... which is not enough these days with 300 sats/byte fees being commonplace. Sad

I would also not recommend MultiBit HD... it has some issues too... (check all the threads)... and there doesn't seem to be any update coming Undecided

freebitcoins4u

hero member

Activity: 798

Merit: 500

hello,

the highest multibit classic transaction fees is 50,000 satoshi, is this enough? what will happen in the future? how can i pay more fees with multibit classic v 0.5.19?

should i upgrade to hd?

thanks!

Topic: multibit classic transaction fees (Read 1130 times)