Trx Fee - page 2. | Bitcointalksearch.org

Csmiami

copper member

Activity: 1652

Merit: 1325

I'm sometimes known as "miniadmin"

Since this thread is in the Electrum board; I'd like to point out that in the event of using Electrum with 2FA, you do pay a fee to TrustedCoin. The charge the following fees, depending on what you choose:

Quote from: https://api.trustedcoin.com/#/electrum-help

Pay every 20 transactions: 0.00005 BTC/tx 0.001 BTC total
Pay every 100 transactions: 0.000025 BTC/tx 0.0025 BTC total

Other than that, the only fee that you pay goes to miners (in Electrum)

chainofzee

jr. member

Activity: 36

Merit: 14

thank u both;very useful answers

bob123

legendary

Activity: 1624

Merit: 2481

Quote from: chainofzee on June 02, 2020, 09:57:58 AM

do we pay anything other than miners' fee for a transaction?

No.

Quote from: chainofzee on June 02, 2020, 09:57:58 AM

if not, why isn't it possible to send a dust even by setting the miner fee to zero?

Because the minimum fee is 1 sat/B.
Anything below that, won't get relayed by the nodes. Therefore such a transaction would never reach a miner and would never be included.
If you are running a mining pool, you are of course free to include 0 sat/B transactions. They are valid. It is just that they won't get relayed by nodes.

A dust output is an output which costs more in fees to be transferred. You would lose money transferring it.

AB de Royse777

legendary

Activity: 2464

Merit: 3878

Hire Bitcointalk Camp. Manager @ r7promotions.com

If no miner includes your Tx in a block then your Tx never gets confirmed so it's not going to work without paying the miners.

Quote

do we pay anything other than miners' fee for a transaction?

No, as I understand.

chainofzee

jr. member

Activity: 36

Merit: 14

hi,

do we pay anything other than miners' fee for a transaction?
if not, why isn't it possible to send a dust even by setting the miner fee to zero?

Topic: Trx Fee - page 2. (Read 780 times)