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Author Topic: [2017-05-31] Blockchain.info Wallet Recommends a US$26 Bitcoin Transaction Fee  (Read 3776 times)
tyz
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May 31, 2017, 05:49:17 PM
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Blockchain.info Wallet Recommends a US$26 Bitcoin Transaction Fee Instead of A Normal Amount

Bitcoin transaction fees are a big problem in the ecosystem right now. These problems have persisted for some time, yet things are not improving. The Blockchain.info  wallet seemingly recommends very large fees, for some reason. According to a report, the wallet suggests paying US$26 in costs for a Bitcoin transfer. These problems continue to escalate at an accelerated pace as of late.

http://www.newsbtc.com/2017/05/31/blockchain-info-wallet-recommends-us26-bitcoin-transaction-fee-instead-normal-amount/
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May 31, 2017, 05:54:47 PM
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I was recently transferring all of the funds out my old Blockchain.info wallet into my TREZOR.

Naturally I had assumed that Blockchain.info was going to screw up the fee like usual and pay about 120 satoshi/byte.  They recommended a fee of about 1.6 mBTC, so I increased the fee to 3.8 mBTC to get into a safe boundary, but the fees ended up being nearly 800 satoshi/byte.

I was shocked.  It looks like they were intending to pay a reasonable fee.

Maybe they're finally starting to change the way their wallet works (which of course leads to giant bugs, like usual...)

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