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Author Topic: Counterparty Transaction Costs  (Read 236 times)
Futurologist (OP)
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June 07, 2017, 04:08:59 AM
 #1

I noticed that the rise in the price of bitcoin has made it a lot more expensive to do a transaction on counterparty. You can designate a transaction as low priority, but sometimes, it costs more than that anyway. I've been charged as much as .02 BTC per transaction.

Does anyone know what can be done about this? Will Ethereum have a similar problem as the price of ethers goes up?
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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June 07, 2017, 04:27:58 AM
 #2

if you sending bitcoin in counterparty, you can use electrum, youre import private key,and you can setting sending fee
but if sending token/asset , is nothing solution, sending fee still high

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