Title: why paytxfee don't work on the bitcoind latest version 0.12.0 ? Post by: secondstrade.com on March 22, 2016, 09:08:44 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.??? Title: Re: why paytxfee don't work on the bitcoind latest version 0.12.0 ? Post by: shorena on March 22, 2016, 09:19:25 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.??? Its per kbyte. Title: Re: why paytxfee don't work on the bitcoind latest version 0.12.0 ? Post by: secondstrade.com on March 22, 2016, 09:31:18 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.??? Its per kbyte. so i think minimum transaction fee must be 0.0001 btc. but it is not on the version 0.12.0 . Title: Re: why paytxfee don't work on the bitcoind latest version 0.12.0 ? Post by: shorena on March 22, 2016, 09:44:39 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.??? Its per kbyte. 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. Title: Re: why paytxfee don't work on the bitcoind latest version 0.12.0 ? Post by: secondstrade.com on March 22, 2016, 03:08:11 PM 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.??? Its per kbyte. 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. Because i think fee have to be more 0.0001 to be confirmed quikly. Title: Re: why paytxfee don't work on the bitcoind latest version 0.12.0 ? Post by: ranochigo on March 22, 2016, 03:42:38 PM 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.??? Its per kbyte. 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. Because i think fee have to be more 0.0001 to be confirmed quikly. [1] https://bitcoin.org/en/developer-reference#estimatepriority Title: Re: why paytxfee don't work on the bitcoind latest version 0.12.0 ? Post by: shorena on March 22, 2016, 09:27:48 PM 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.??? Its per kbyte. 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. Because i think fee have to be more 0.0001 to be confirmed quikly. [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 |