Bitcoin Forum

Other => Beginners & Help => Topic started by: shark255 on December 29, 2013, 08:54:38 PM



Title: what is the minimum transaction amount ?
Post by: shark255 on December 29, 2013, 08:54:38 PM
Why i can not send 1 satoshi ? And my wallet says "Transaction amount too small"


Title: Re: what is the minimum transaction amount ?
Post by: nastybit on December 29, 2013, 08:56:43 PM
It looks lime somebody took the time and registered a domain just to answer your questions.
http://bitcoinfees.com


Title: Re: what is the minimum transaction amount ?
Post by: edutBTC on January 07, 2014, 06:52:39 AM
as your wallet is saying you need a larger amount of satoshi.


Title: Re: what is the minimum transaction amount ?
Post by: RoxxR on January 07, 2014, 07:31:48 AM
It looks lime somebody took the time and registered a domain just to answer your questions.
http://bitcoinfees.com


This is answering a lot of questions but not the OP's.

OP, here's your answer: Minimal output that is accepted is 5460 satoshis. (to prevent network spam)
This might change at some point in the future.

Google "5460 satoshis" for more info.


Title: Re: what is the minimum transaction amount ?
Post by: BigMac on January 07, 2014, 11:37:22 AM
It looks lime somebody took the time and registered a domain just to answer your questions.
http://bitcoinfees.com


This is answering a lot of questions but not the OP's.

OP, here's your answer: Minimal output that is accepted is 5460 satoshis. (to prevent network spam)
This might change at some point in the future.

Google "5460 satoshis" for more info.

It is indeed 5430 sat.
This feature / limit is introduced in bitcoin-qt 0.8.2
FYI: https://github.com/bitcoin/bitcoin/pull/2577

Quote
First, to discourage people from bloating users' wallets and the UTXO set with tiny outputs.

This pull defines 'uneconomic dust' as 54.3 uBTC (5430 satoshis, about $0.007 at current prices), and treats any transaction with outputs less than 5430 satoshis as non-standard (won't be relayed, won't be mined). 5430 satoshis is derived from the cost (in fees) to spend a TxOut/TxIn. See https://people.xiph.org/~greg/txouts2.png for proportion of recent outputs this will (eventually) affect.


Title: Re: what is the minimum transaction amount ?
Post by: oxfardk on January 07, 2014, 07:42:39 PM
Quote
Why i can not send 1 satoshi ? And my wallet says "Transaction amount too small"

It's probably include a fix in the new version of your satoshi wallet