Bitcoin Forum
April 23, 2024, 10:37:08 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Optional transaction fee  (Read 1631 times)
new_in_this (OP)
Member
**
Offline Offline

Activity: 82
Merit: 10


View Profile
March 02, 2011, 04:45:22 PM
 #1

As title says: could someone explain me what that means, and should i enable it?


I tried searching and found no answer.
1713911828
Hero Member
*
Offline Offline

Posts: 1713911828

View Profile Personal Message (Offline)

Ignore
1713911828
Reply with quote  #2

1713911828
Report to moderator
1713911828
Hero Member
*
Offline Offline

Posts: 1713911828

View Profile Personal Message (Offline)

Ignore
1713911828
Reply with quote  #2

1713911828
Report to moderator
1713911828
Hero Member
*
Offline Offline

Posts: 1713911828

View Profile Personal Message (Offline)

Ignore
1713911828
Reply with quote  #2

1713911828
Report to moderator
Whoever mines the block which ends up containing your transaction will get its fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1713911828
Hero Member
*
Offline Offline

Posts: 1713911828

View Profile Personal Message (Offline)

Ignore
1713911828
Reply with quote  #2

1713911828
Report to moderator
1713911828
Hero Member
*
Offline Offline

Posts: 1713911828

View Profile Personal Message (Offline)

Ignore
1713911828
Reply with quote  #2

1713911828
Report to moderator
barbarousrelic
Hero Member
*****
Offline Offline

Activity: 675
Merit: 502


View Profile
March 02, 2011, 04:49:16 PM
 #2

As title says: could someone explain me what that means, and should i enable it?


I tried searching and found no answer.
At this point it is unnecessary.

At some point when the load of Bitcoin transactions is so great that it starts taking a long time to process transactions, paying a transaction fee may become necessary.

Do not waste your time debating whether Bitcoin can work. It does work.

"Early adopters will profit" is not a sufficient condition to classify something as a pyramid or Ponzi scheme. If it was, Apple and Microsoft stock are Ponzi schemes.

There is no such thing as "market manipulation." There is only buying and selling.
Neereus
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
March 02, 2011, 04:50:48 PM
 #3

It basically increases your transactions priority in the system, increasing the speed it will be "processed".
new_in_this (OP)
Member
**
Offline Offline

Activity: 82
Merit: 10


View Profile
March 02, 2011, 04:52:31 PM
 #4

Thank you both, got it Smiley
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!