Hello XMR
* P3RS3US waves a white flag
I come in peace.
Please could you supply me with numbers for tx fees to ring sizes (mixin), for 0,1,2,3, 8 and 16
thank you.
or pls link me to a spreadsheet if u have one. ty
Whether or not he has an agenda it is a reasonable question, so I will answer it.
There is no set fee as a function of mix (ring) size, it depends on the size of the transaction which is a function of the header, the number of inputs, the mix factor and the number of outputs. The number of inputs is of equal importance as the mix factor.
A typical range is between 1 kbytes and 20 kbytes, with a fee of 0.01 XMR (currently around 80 USD cents) per kb. So that's anywhere from <0.01 USD to 0.16 USD. Something like 0.03-0.05 is fairly typical. The fee was last adjusted when the price of XMR was around 1/3 of where it was now, so if the price continues to do well the fee would probably get bumped down in some future version (as has happened with BTC several times)
it would be super cool to make that dynamic somehow. Perhaps if the network could measure its own activity .... e.g., if there are more transactions in a block, the fee is less because its assumed the value of each XMR is more...
hrm, or just a flat 1% per KB. Thus, if the value goes up, people will have transactions in the 0.003 XMR range, thus the fee would be 0.01 * 0.003. If the value goes down, people have transactions in the 3 XMR range, thus the fee would be 0.01 * 3 .......
