Author

Topic: Vbyte (Read 125 times)

legendary
Activity: 2380
Merit: 5213
February 27, 2024, 11:21:30 AM
#8
How is vbyte calculated??
If your transaction is segwit, it would include some witness data. To calcualte the virtual size of a transaction, those witness data must be counted as one quarter the size of regular data.


Vbyte is virtual byte, also called as virtual size. From bytes to weight units, multiply it with 4.
For getting the weight units, you should multiply virtual size of the transaction by 4, not the size.
jr. member
Activity: 56
Merit: 10
February 27, 2024, 07:59:55 AM
#7
If you use wallet like Electrum, you will be able to know the virtual size of the transaction before broadcasting the transaction.



I don't know how I can put this but I need to make it short
How is vbyte calculated??
How do I know the particular vbytes I'm sending my coins without actually sending it just calculation on how it works gathering a lot of knowledge to start holding, don't wanna be late for the party Smiley

Follow the procedures made available in the explanations giving through the provided links above, know that this is when you take it a responsibility in making the calculations by yourself all these are needed, the moment you're about to make a transaction, it will express the rate in vbytes and same equivalent in USD, which you don't have to worry yourself in goin about how to calculate it when it has already been made, you can discover this on the mempool likewise the wallet you're using.
I understand , just making sure I have the knowledge to do that independently
hero member
Activity: 952
Merit: 555
February 27, 2024, 06:32:34 AM
#6
I don't know how I can put this but I need to make it short
How is vbyte calculated??
How do I know the particular vbytes I'm sending my coins without actually sending it just calculation on how it works gathering a lot of knowledge to start holding, don't wanna be late for the party Smiley

Follow the procedures made available in the explanations giving through the provided links above, know that this is when you take it a responsibility in making the calculations by yourself all these are needed, the moment you're about to make a transaction, it will express the rate in vbytes and same equivalent in USD, which you don't have to worry yourself in goin about how to calculate it when it has already been made, you can discover this on the mempool likewise the wallet you're using.
member
Activity: 97
Merit: 43
February 27, 2024, 05:44:36 AM
#5
I don't know how I can put this but I need to make it short
How is vbyte calculated??
How do I know the particular vbytes I'm sending my coins without actually sending it just calculation on how it works gathering a lot of knowledge to start holding, don't wanna be late for the party Smiley

Vbyte is virtual byte, also called as virtual size. From bytes to weight units, multiply it with 4.

Bitcoin OpTech Transaction size calculator
Weight units.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
February 26, 2024, 04:14:40 PM
#4
Just as stated above you can either calculate your own transaction size by yourself or take the suggestions from the wallet you’re using which is not so accurate all the time.
Wallet's transaction virtual size of a transaction would be accurate. Although, I am referring to those wallets that are highly recommended. I think what you mean that is not that accurate is the fee rate that the wallet is estimating as a result of not estimating the mempool's fee rate accurately.
hero member
Activity: 840
Merit: 932
February 26, 2024, 03:52:17 PM
#3
Just as stated above you can either calculate your own transaction size by yourself or take the suggestions from the wallet you’re using which is not so accurate all the time. There Allie other tools that help you to calculate your transaction size you can make use of https://bitcoindata.science/plot-your-transaction-in-mempool which was developed by bitmover.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
February 26, 2024, 03:44:56 PM
#2
If you use wallet like Electrum, you will be able to know the virtual size of the transaction before broadcasting the transaction.

This posts should be helpful: Re: Need little help understanding about transactions.

This is a tool for it to make it simple: https://jlopp.github.io/bitcoin-transaction-size-calculator/
jr. member
Activity: 56
Merit: 10
February 26, 2024, 03:33:24 PM
#1
I don't know how I can put this but I need to make it short
How is vbyte calculated??
How do I know the particular vbytes I'm sending my coins without actually sending it just calculation on how it works gathering a lot of knowledge to start holding, don't wanna be late for the party Smiley
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