3 ms·

The correct fee should have been 2BTC?

• jldugger 9y ago
  I think it's supposed to be approx 10-20 satoshis at the moment.
  • mod 9y ago
    According to the article, 2btc
  • mhluongo 9y ago
    Actually, they're based on tx size. Fees are estimates as satoshis/byte. 10-20 satoshis is incredibly cheap
    • jldugger 9y ago
      Ah right. Thanks for jogging my memory; been a while since I last researched this for an online debate about bitcoin ^_^ Looks like the top of the txn queue is 330 satoshis per byte, so for an average size txn of 226 bytes, you're paying 75k satoshis, or about 2 bucks! (according to bitcoinfees.21.co)
• unknownsavage 9y ago
  They're basing on that if someone was sending a stupidly aggressive fee (400 satoshis per byte). Anything above that is just obviously an error. You can get an idea of what fees should be with estimatefee.com