why paytxfee don't work on the bitcoind latest version 0.12.0 ?

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: ranochigo on March 22, 2016, 10:42:38 AM

Quote from: secondstrade.com on March 22, 2016, 10:08:11 AM

Quote from: shorena on March 22, 2016, 04:44:39 AM

Quote from: secondstrade.com on March 22, 2016, 04:31:18 AM

Quote from: shorena on March 22, 2016, 04:19:25 AM

Quote from: secondstrade.com on March 22, 2016, 04:08:44 AM

after i upgraded to the bitcoind latest version 0.12.0, the i set paytxfee = 0.0001 on the bitcoin.conf as like previous version.
and restart bitcoind.

but the transaction fee was very low as 0.00005xxx.

how can i set the paytxfee on the version 0.12.0 as like previous version. Huh

Its per kbyte.

ok , if paytxfee is set 0.0001 and transaction is smaller than kbyte , the transaction fee must be 0.0001 .
so i think minimum transaction fee must be 0.0001 btc.

but it is not on the version 0.12.0

AFAIK this isnt new in 0.12. If you set 10k satoshi per kbyte and your TX is 250 byte it will pay 2.5k satoshi as fee.

Thanks ,then if i want to set minimum fee to become 0.0001btc, how can i set Huh

?.
Because i think fee have to be more 0.0001 to be confirmed quikly.

It depends on the size and network load. If there is no solution to this (none that I can think of, maybe shorena may have one), the best solution is to use floating fees[1] with a -maxtxfee=[fees in total].

[1] https://bitcoin.org/en/developer-reference#estimatepriority

Id go with estimatefee[1] just keep in mind that it can return -1 which means it has not enough data so you need to catch that if you are issuing payments automatically. If you are using the GUI it will not let you slide to 1.

[1] https://bitcoin.org/en/developer-reference#estimatefee

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

Quote from: secondstrade.com on March 22, 2016, 10:08:11 AM

Quote from: shorena on March 22, 2016, 04:44:39 AM

Quote from: secondstrade.com on March 22, 2016, 04:31:18 AM

Quote from: shorena on March 22, 2016, 04:19:25 AM

Quote from: secondstrade.com on March 22, 2016, 04:08:44 AM

after i upgraded to the bitcoind latest version 0.12.0, the i set paytxfee = 0.0001 on the bitcoin.conf as like previous version.
and restart bitcoind.

but the transaction fee was very low as 0.00005xxx.

how can i set the paytxfee on the version 0.12.0 as like previous version. Huh

Its per kbyte.

ok , if paytxfee is set 0.0001 and transaction is smaller than kbyte , the transaction fee must be 0.0001 .
so i think minimum transaction fee must be 0.0001 btc.

but it is not on the version 0.12.0

AFAIK this isnt new in 0.12. If you set 10k satoshi per kbyte and your TX is 250 byte it will pay 2.5k satoshi as fee.

Thanks ,then if i want to set minimum fee to become 0.0001btc, how can i set Huh

?.
Because i think fee have to be more 0.0001 to be confirmed quikly.

It depends on the size and network load. If there is no solution to this (none that I can think of, maybe shorena may have one), the best solution is to use floating fees[1] with a -maxtxfee=[fees in total].

[1] https://bitcoin.org/en/developer-reference#estimatepriority

secondstrade.com

legendary

Activity: 938

Merit: 1000

Quote from: shorena on March 22, 2016, 04:44:39 AM

Quote from: secondstrade.com on March 22, 2016, 04:31:18 AM

Quote from: shorena on March 22, 2016, 04:19:25 AM

Quote from: secondstrade.com on March 22, 2016, 04:08:44 AM

after i upgraded to the bitcoind latest version 0.12.0, the i set paytxfee = 0.0001 on the bitcoin.conf as like previous version.
and restart bitcoind.

but the transaction fee was very low as 0.00005xxx.

how can i set the paytxfee on the version 0.12.0 as like previous version. Huh

Its per kbyte.

ok , if paytxfee is set 0.0001 and transaction is smaller than kbyte , the transaction fee must be 0.0001 .
so i think minimum transaction fee must be 0.0001 btc.

but it is not on the version 0.12.0

AFAIK this isnt new in 0.12. If you set 10k satoshi per kbyte and your TX is 250 byte it will pay 2.5k satoshi as fee.

Thanks ,then if i want to set minimum fee to become 0.0001btc, how can i set Huh

?.
Because i think fee have to be more 0.0001 to be confirmed quikly.

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: secondstrade.com on March 22, 2016, 04:31:18 AM

Quote from: shorena on March 22, 2016, 04:19:25 AM

Quote from: secondstrade.com on March 22, 2016, 04:08:44 AM

after i upgraded to the bitcoind latest version 0.12.0, the i set paytxfee = 0.0001 on the bitcoin.conf as like previous version.
and restart bitcoind.

but the transaction fee was very low as 0.00005xxx.

how can i set the paytxfee on the version 0.12.0 as like previous version. Huh

Its per kbyte.

ok , if paytxfee is set 0.0001 and transaction is smaller than kbyte , the transaction fee must be 0.0001 .
so i think minimum transaction fee must be 0.0001 btc.

but it is not on the version 0.12.0

AFAIK this isnt new in 0.12. If you set 10k satoshi per kbyte and your TX is 250 byte it will pay 2.5k satoshi as fee.

secondstrade.com

legendary

Activity: 938

Merit: 1000

Quote from: shorena on March 22, 2016, 04:19:25 AM

Quote from: secondstrade.com on March 22, 2016, 04:08:44 AM

after i upgraded to the bitcoind latest version 0.12.0, the i set paytxfee = 0.0001 on the bitcoin.conf as like previous version.
and restart bitcoind.

but the transaction fee was very low as 0.00005xxx.

how can i set the paytxfee on the version 0.12.0 as like previous version. Huh

Its per kbyte.

ok , if paytxfee is set 0.0001 and transaction is smaller than kbyte , the transaction fee must be 0.0001 .
so i think minimum transaction fee must be 0.0001 btc.

but it is not on the version 0.12.0
.

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: secondstrade.com on March 22, 2016, 04:08:44 AM

after i upgraded to the bitcoind latest version 0.12.0, the i set paytxfee = 0.0001 on the bitcoin.conf as like previous version.
and restart bitcoind.

but the transaction fee was very low as 0.00005xxx.

how can i set the paytxfee on the version 0.12.0 as like previous version. Huh

Its per kbyte.

secondstrade.com

legendary

Activity: 938

Merit: 1000

after i upgraded to the bitcoind latest version 0.12.0, the i set paytxfee = 0.0001 on the bitcoin.conf as like previous version.
and restart bitcoind.

but the transaction fee was very low as 0.00005xxx.

how can i set the paytxfee on the version 0.12.0 as like previous version. Huh

Topic: why paytxfee don't work on the bitcoind latest version 0.12.0 ? (Read 1485 times)