Bitcoin Forum
May 11, 2024, 05:27:56 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: why paytxfee don't work on the bitcoind latest version 0.12.0 ?  (Read 1462 times)
secondstrade.com (OP)
Legendary
*
Offline Offline

Activity: 938
Merit: 1000



View Profile
March 22, 2016, 09:08:44 AM
 #1

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.Huh
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
shorena
Copper Member
Legendary
*
Offline Offline

Activity: 1498
Merit: 1520


No I dont escrow anymore.


View Profile WWW
March 22, 2016, 09:19:25 AM
 #2

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.Huh

Its per kbyte.

Im not really here, its just your imagination.
secondstrade.com (OP)
Legendary
*
Offline Offline

Activity: 938
Merit: 1000



View Profile
March 22, 2016, 09:31:18 AM
 #3

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.Huh

Its per kbyte.
ok , if paytxfee is set 0.0001 and  transaction is  smaller than kbyte , the transaction fee must be  0.0001 .
so i think minimum transaction fee  must be 0.0001 btc. 

but it is not on the version 0.12.0
.
shorena
Copper Member
Legendary
*
Offline Offline

Activity: 1498
Merit: 1520


No I dont escrow anymore.


View Profile WWW
March 22, 2016, 09:44:39 AM
 #4

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.Huh

Its per kbyte.
ok , if paytxfee is set 0.0001 and  transaction is  smaller than kbyte , the transaction fee must be  0.0001 .
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.

Im not really here, its just your imagination.
secondstrade.com (OP)
Legendary
*
Offline Offline

Activity: 938
Merit: 1000



View Profile
March 22, 2016, 03:08:11 PM
Last edit: March 22, 2016, 03:25:45 PM by secondstrade.com
 #5

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.Huh

Its per kbyte.
ok , if paytxfee is set 0.0001 and  transaction is  smaller than kbyte , the transaction fee must be  0.0001 .
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.
Thanks ,then if i want to set minimum fee to become 0.0001btc, how can i set Huh?.  
Because i think fee have to  be more 0.0001 to be confirmed quikly.
ranochigo
Legendary
*
Offline Offline

Activity: 2968
Merit: 4177



View Profile
March 22, 2016, 03:42:38 PM
 #6

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.Huh

Its per kbyte.
ok , if paytxfee is set 0.0001 and  transaction is  smaller than kbyte , the transaction fee must be  0.0001 .
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.
Thanks ,then if i want to set minimum fee to become 0.0001btc, how can i set Huh?.  
Because i think fee have to  be more 0.0001 to be confirmed quikly.
It depends on the size and network load. If there is no solution to this (none that I can think of, maybe shorena may have one), the best solution is to use floating fees[1] with a -maxtxfee=[fees in total].

[1] https://bitcoin.org/en/developer-reference#estimatepriority

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
shorena
Copper Member
Legendary
*
Offline Offline

Activity: 1498
Merit: 1520


No I dont escrow anymore.


View Profile WWW
March 22, 2016, 09:27:48 PM
 #7

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.Huh

Its per kbyte.
ok , if paytxfee is set 0.0001 and  transaction is  smaller than kbyte , the transaction fee must be  0.0001 .
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.
Thanks ,then if i want to set minimum fee to become 0.0001btc, how can i set Huh?. 
Because i think fee have to  be more 0.0001 to be confirmed quikly.
It depends on the size and network load. If there is no solution to this (none that I can think of, maybe shorena may have one), the best solution is to use floating fees[1] with a -maxtxfee=[fees in total].

[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

Im not really here, its just your imagination.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!