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Title: 0 fees get into a block? Post by: traderbit on October 09, 2014, 04:38:56 AM What happens if a transaction is set to have zero fees?
Title: Re: 0 fees get into a block? Post by: ezreal on October 09, 2014, 05:12:21 AM theres always a mining fee. not sure how yours is zero.. unless its a enormous amount.
Title: Re: 0 fees get into a block? Post by: Peter882 on October 09, 2014, 05:25:22 AM What happens if a transaction is set to have zero fees? https://en.bitcoin.it/wiki/Transaction_fees Quote A transaction may be safely sent without fees if these conditions are met: It is smaller than 1,000 bytes. All outputs are 0.01 BTC or larger. Its priority is large enough (see the Technical Info section below) priority = sum(input_value_in_base_units * input_age)/size_in_bytes If your transaction doesn't satisdy the conditions, chances are it will never get confirmed. Title: Re: 0 fees get into a block? Post by: BiTJack on October 09, 2014, 06:31:11 AM Read this one : FAQ: All About Unconfirmed 0 Confirmation Transaction Fee. (https://bitcointalk.org/index.php?topic=232979.0)
Title: Re: 0 fees get into a block? Post by: szmarco on October 09, 2014, 08:04:27 AM What happens if a transaction is set to have zero fees? The tx may proceed after a very long time.I used to sent some times. The longest time is 10 days. Title: Re: 0 fees get into a block? Post by: funnycoin on October 09, 2014, 09:09:14 AM What happens if a transaction is set to have zero fees? The tx may proceed after a very long time.I used to sent some times. The longest time is 10 days. Thanks for the information. Look like I can still send btc with zero fee if the tx is not urgent. It's not a bad idea to do so especially if the amount I want to send is smaller than the standard fee. Title: Re: 0 fees get into a block? Post by: medUSA on October 09, 2014, 09:22:38 AM theres always a mining fee. not sure how yours is zero.. unless its a enormous amount. No, you can send small amounts without a fee and get comfirmed quickly. It all about maturity. These are examples I found in a recent block: 0.02btc No fee (2014-10-09 08:22:02 +16 minutes) https://blockchain.info/tx/f7861b27f270dec9e7c7425849735d5fb75526e73800c713d61838aaabda35e5 0.01btc No fee (2014-10-09 08:22:02 +15 minutes) https://blockchain.info/tx/420f40f02bda6995728967d032dc74f6ee538bad985135dca3ea2093af77fcf8 Title: Re: 0 fees get into a block? Post by: jdany on October 09, 2014, 09:27:44 AM The blockchain (miners) will deal with unpaid transactions like a retail store would deal with someone with a sob story.
Eventually, someone in the store will take pity on them and let them participate - but, it won't be quickly. And it won't be efficiently. And it isn't good fort he store. And it isn't good for consumers. Title: Re: 0 fees get into a block? Post by: chanz on October 09, 2014, 09:45:41 AM What happens if a transaction is set to have zero fees? What happens is it gets delayed. Miners don't pick the 0 fee transaction any time soon. So your only option is to wait it will get an confirmed eventually. Title: Re: 0 fees get into a block? Post by: Velkro on October 09, 2014, 01:41:59 PM Thesee ruler are like sign "welcome spam"
Quote A transaction may be safely sent without fees if these conditions are met: It is smaller than 1,000 bytes. All outputs are 0.01 BTC or larger. Its priority is large enough (see the Technical Info section below) priority = sum(input_value_in_base_units * input_age)/size_in_bytes Title: Re: 0 fees get into a block? Post by: medUSA on October 10, 2014, 07:49:51 AM Thesee ruler are like sign "welcome spam" Quote All outputs are 0.01 BTC or larger. The rules are adequate in keeping spam away. 0.01btc is not a small amount if used for spamming, it is $3 at current prices. Would you mind if you get spammed 0.01 everyday? I wouldn't. |