Bitcoin Forum
May 05, 2024, 09:43:26 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: electrum "replaceable" help  (Read 121 times)
Goliathfapps (OP)
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
January 11, 2018, 03:09:25 AM
 #1

just started using electrum, and buying/trading with bitcoins, when i sent all my bitcoins i chose the lowest fee because it was such a small amount, ive read that you need to increase the fee but all attempts to do so havent changed a thinng, would appreciate any help
1714902206
Hero Member
*
Offline Offline

Posts: 1714902206

View Profile Personal Message (Offline)

Ignore
1714902206
Reply with quote  #2

1714902206
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714902206
Hero Member
*
Offline Offline

Posts: 1714902206

View Profile Personal Message (Offline)

Ignore
1714902206
Reply with quote  #2

1714902206
Report to moderator
1714902206
Hero Member
*
Offline Offline

Posts: 1714902206

View Profile Personal Message (Offline)

Ignore
1714902206
Reply with quote  #2

1714902206
Report to moderator
1714902206
Hero Member
*
Offline Offline

Posts: 1714902206

View Profile Personal Message (Offline)

Ignore
1714902206
Reply with quote  #2

1714902206
Report to moderator
HCP
Legendary
*
Offline Offline

Activity: 2086
Merit: 4316

<insert witty quote here>


View Profile
January 11, 2018, 05:40:44 AM
 #2

Electrum can only increase the fee if there is "spare" money in the "change" output for the transaction. For instance, if your transaction had the following:

Input: $100
Output1 (amount sent): $50
Output2 (change): $45
Fee: $5

Then, you could increase the fee up to ~$44... as you have $45 change spare... However, if your transaction was something like:

Input: $56
Output1 (amount sent): $50
Output2 (change): $1
Fee: $5

You probably wouldn't be able to bump the fee at all... as you can't use ALL the change...

Have a look at the transaction outputs, specifically the one highlighted in YELLOW (this is the change output)... if that is very small (or doesn't exist), then you won't be able to increase the fee

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
Abdussamad
Legendary
*
Offline Offline

Activity: 3612
Merit: 1564



View Profile
January 11, 2018, 09:46:43 AM
 #3

Have a look at the transaction outputs, specifically the one highlighted in YELLOW (this is the change output)... if that is very small (or doesn't exist), then you won't be able to increase the fee

Small correction here. If your transaction has no change outputs you can still bump the fee. The money will come from the remaining outputs and yes that means one or more recipients will get less than you intended. Electrum does it like this because  if, in a hypothetical scenario, you're sending your entire wallet balance to an exchange you can still bump the fee.

If your transaction does have change outputs electrum will limit itself to those when bumping the fee.

Credit goes to SomberNight Electrum dev for explaining this to me.
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!