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Author Topic: Pools that include tx below minrelay fee level.  (Read 158 times)
nibor (OP)
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May 23, 2018, 09:39:50 PM
 #1

I have been playing around with Lightning network.

I have a few tx that were created that have a very low fee - just less than the minrelay amount!

They are multi-sig so I can't up the fee and resend them.

Are there any pools I can submit them directly too? Don't mind having to pay a small fee to sort this out!

Not a lot of money - few hundred dollars I think. But nice to get back.
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kano
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May 23, 2018, 09:47:33 PM
 #2

I have been playing around with Lightning network.

I have a few tx that were created that have a very low fee - just less than the minrelay amount!

They are multi-sig so I can't up the fee and resend them.

Are there any pools I can submit them directly too? Don't mind having to pay a small fee to sort this out!

Not a lot of money - few hundred dollars I think. But nice to get back.

The point of the lightning network is to take the fees away from miners and avoid having to use the Bitcoin blockchain.
You are clearly asking in the wrong place.
Bitcoin pools mine BTC in the blockchain.

The lightning network REQUIRES you to trust some random 3rd party operator.

Use the BTC blockchain - it's decentralised and does not require you to trust anyone to process your transaction.

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bob123
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May 24, 2018, 08:40:56 AM
 #3

The lightning network REQUIRES you to trust some random 3rd party operator.

Use the BTC blockchain - it's decentralised and does not require you to trust anyone to process your transaction.

Using the lightning network does NOT require any trust.
I guess you have a very wrong opinion regarding the lightning network.

The lightning network is an implementation of hashed timelock contracts.

You might read the following article. It does explain the LN pretty simple. There is no trust at all required.
https://bitcoinmagazine.com/articles/understanding-the-lightning-network-part-building-a-bidirectional-payment-channel-1464710791/

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May 24, 2018, 09:31:28 AM
 #4

I have been playing around with Lightning network.

I have a few tx that were created that have a very low fee - just less than the minrelay amount!

They are multi-sig so I can't up the fee and resend them.

Are there any pools I can submit them directly too? Don't mind having to pay a small fee to sort this out!

Not a lot of money - few hundred dollars I think. But nice to get back.

What exactly do you mean -- that you sent the LN channel opening transaction with too small a fee?

As far as transaction accelerators are concerned, there's the one by ViaBTC:
https://pool.viabtc.com/tools/txaccelerator/

The free service requires a certain minimum fee to be present, but they also offer a paid service where no such requirement exists. I've only used their free service so far, so I can't vouch for their paid service however.


The lightning network REQUIRES you to trust some random 3rd party operator.

Use the BTC blockchain - it's decentralised and does not require you to trust anyone to process your transaction.

Using the lightning network does NOT require any trust.
I guess you have a very wrong opinion regarding the lightning network.

I too wonder where this misconception comes from. By now it should have become fairly clear that you are your own node operator and that the other nodes along the route have no way of targetting specific transactions.

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pooya87
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May 25, 2018, 04:14:20 AM
 #5

Are there any pools I can submit them directly too? Don't mind having to pay a small fee to sort this out!

you need to find someone with access to these pools who can directly push it to them. i know of two people: Quickseller and macbook-air having access to F2Pool and may be able to do it for you for a fee.

give CPFP (Child pays for parent) a try first though. i don't think it works but it is worth a try. the problem is that they have to see your transaction already and ignore it (have it in their mempool) for it to work. but we don't know what settings different miners have. some may have minrelaytxfee set at 0 still.
quick explanation: you basically spend the unconfirmed transaction but pay a fee that covers this unconfirmed one and the new one that you create. a miner seeing them will pick up both and put it in a block they find to get the fee.

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