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July 02, 2018, 01:26:04 AM |
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Additionally... there is a "minimum" fee rate that you can pay (ie. 1 sat/byte). So, at some point, as fees reduce, you will hit this minimum rate and cannot reduce it any further. Eventually, if there is very low volume (less than one block of unconfirmed transactions in mempool for extended period), even the required "priority" rate will fall to this minimum.
In reverse, what you're likely to see is that if the volume increases and fee rates increase as well... the "priority" will increase before the "regular"... ie. if the mempool increases to like 5+ blocks worth of unconfirmed transactions, you may see something like priority = 5 sat/byte, while regular stays at 1 sat/byte.
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