Author

Topic: transaction fee (Read 808 times)

zvs
legendary
Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
October 22, 2013, 07:42:40 AM
#8
mcxnow txfees are 0.001, which is very high, but get's sent through very quickly

Too high, I did rather it get sent through slower Smiley

the standard fee is 0.0001

0.001 is a bit bizarre

i have my client configured to accept only 0.0005, i can't imagine any pools requiring higher.  most (if not all) just use standard config on tx fees?

with 10 blocks per hour,  you don't really have to worry about a backlog... like, say, 6 months ago
full member
Activity: 224
Merit: 100
October 19, 2013, 09:11:31 PM
#7
mcxnow txfees are 0.001, which is very high, but get's sent through very quickly

Too high, I did rather it get sent through slower Smiley
legendary
Activity: 1904
Merit: 1005
PGP ID: 78B7B84D
October 18, 2013, 05:54:14 PM
#6
mcxnow txfees are 0.001, which is very high, but get's sent through very quickly
hero member
Activity: 490
Merit: 501
October 18, 2013, 02:12:24 PM
#5
There is a limit to how big a block can be.
sr. member
Activity: 434
Merit: 250
October 18, 2013, 02:26:22 AM
#4
The higher the transaction fee, the faster your transaction complete. If your data is too huge, try to avoid no transaction fee as it could go missing for some reason.
sr. member
Activity: 476
Merit: 250
October 17, 2013, 09:17:39 PM
#3
Normally miners include highest priority transactions and all transactions with a fee (with highest fee ones taking priority). And they do that up to a certain block size.
sr. member
Activity: 392
Merit: 250
October 16, 2013, 08:39:50 PM
#2
why dont miners always have every pending transaction with a transaction fee in their block? what advantage does it have to not include transactions?

Well, I believe online wallet (blockchain, inputs) have less transaction fees. It's quite dangerous not to have transactions fee (some hacked wallet) cause your sending could go missing.
hero member
Activity: 812
Merit: 505
The Last NXT Founder
October 16, 2013, 07:21:09 PM
#1
why dont miners always have every pending transaction with a transaction fee in their block? what advantage does it have to not include transactions?
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