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I know you specify only "most coins", but it's worth mentioning that currently Bitcoin transaction fees for a simple transaction involving only 1 input at curre

by nrb 9y ago

I know you specify only "most coins", but it's worth mentioning that currently Bitcoin transaction fees for a simple transaction involving only 1 input at current USD exchange rate is about $3.

EA 9y ago
Which is great for large transactions but a shame for small transactions which are the most popular transactions in the economy.
olegkikin 9y ago
Yes, I'm aware. That's exactly why Bitcoin Cash was created.
deleted 9y ago
[deleted]
gruez 9y ago
>but it's worth mentioning that currently Bitcoin transaction fees for a simple transaction involving only 1 input at current USD exchange rate is about $3. What? I was able to clear a transaction last night for less than 0.0001 BTC/KB, which works out to less than $0.25 for a typical transaction. Granted, it probably wasn't included in the next block, but it was confirmed by this morning. Based on the mempool chart (https://jochen-hoenicke.de/queue/#24h https://jochen-hoenicke.de/queue/#24h), it looks like most transactions with fees above 0.0001BTC/KB are included in the next block.