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Author Topic: transaction fee  (Read 673 times)
Noitev
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October 17, 2013, 12:21:09 AM
 #1

why dont miners always have every pending transaction with a transaction fee in their block? what advantage does it have to not include transactions?
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hulk
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October 17, 2013, 01:39:50 AM
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why dont miners always have every pending transaction with a transaction fee in their block? what advantage does it have to not include transactions?

Well, I believe online wallet (blockchain, inputs) have less transaction fees. It's quite dangerous not to have transactions fee (some hacked wallet) cause your sending could go missing.

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October 18, 2013, 02:17:39 AM
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Normally miners include highest priority transactions and all transactions with a fee (with highest fee ones taking priority). And they do that up to a certain block size.

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October 18, 2013, 07:26:22 AM
 #4

The higher the transaction fee, the faster your transaction complete. If your data is too huge, try to avoid no transaction fee as it could go missing for some reason.

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October 18, 2013, 07:12:24 PM
 #5

There is a limit to how big a block can be.
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October 18, 2013, 10:54:14 PM
 #6

mcxnow txfees are 0.001, which is very high, but get's sent through very quickly














 

 

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fattypig
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October 20, 2013, 02:11:31 AM
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mcxnow txfees are 0.001, which is very high, but get's sent through very quickly

Too high, I did rather it get sent through slower Smiley

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October 22, 2013, 12:42:40 PM
 #8

mcxnow txfees are 0.001, which is very high, but get's sent through very quickly

Too high, I did rather it get sent through slower Smiley

the standard fee is 0.0001

0.001 is a bit bizarre

i have my client configured to accept only 0.0005, i can't imagine any pools requiring higher.  most (if not all) just use standard config on tx fees?

with 10 blocks per hour,  you don't really have to worry about a backlog... like, say, 6 months ago

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