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Many tiny incoming transactions = bad/expensive to spend?
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Topic: Many tiny incoming transactions = bad/expensive to spend? (Read 2001 times)
stevegee58
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Re: Many tiny incoming transactions = bad/expensive to spend?
April 30, 2013, 05:00:04 PM
#21
I've discovered that this method is impossible with the Litecoin client. Even if you set the TX fee to 0 LTC it still insists on a fee that it's calculated internally and won't let you send without it.
You are in a maze of twisty little passages, all alike.
DannyHamilton
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Re: Many tiny incoming transactions = bad/expensive to spend?
April 30, 2013, 05:04:22 PM
#22
I don't know much about litecoin, but since it was based largely on Bitcoin, I'd guess that the litecoin client probably has an advanced interface that allows the building of raw transactions where you can choose the exact fee you want to force.
stevegee58
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Re: Many tiny incoming transactions = bad/expensive to spend?
April 30, 2013, 05:12:53 PM
#23
I'll have to look into it more deeply then. I sense it's a hack that was added to the client to prevent spam transactions.
I find this annoying because sending my paltry 16 LTC costs 4 LTC in tx fees. I admit it's probably that high because it's so many small transactions, but that's why I want to consolidate.
You are in a maze of twisty little passages, all alike.
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