BitcoinHunt3r
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January 09, 2019, 03:20:17 AM |
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I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
Zero fee is impossible, except you close with your recipient and give him your private key that contain amount of bitcoin that you want to send. Maybe no fee because he only need to open that private key in a wallet.
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kkaroul4
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Betking.io - Best Bitcoin Casino
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January 09, 2019, 03:33:36 AM |
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I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
Zero fee is impossible, except you close with your recipient and give him your private key that contain amount of bitcoin that you want to send. Maybe no fee because he only need to open that private key in a wallet. it's true that the problem in some markets will always be to charge a fee if you do a bitcoin transaction, and even then it has become a market requirement
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KonstantinosM
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January 09, 2019, 03:36:06 AM |
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It's technically possible, so why don't we try it?
I can try and send 0.00001 to somebody here with no fee and let's see how long it will take, of course if the transaction happens I'd expect it sent back to me with no fee attached.
Most likely scenario is that the transaction will never go through and the funds will remain in my wallet.
Any takers?
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Aponkye1
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January 09, 2019, 04:44:14 AM |
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that's not possible mate. Almost all blockchain networks take a transaction fee for transactions that are broadcast unto the network and later confirmed on the blockchain by the miners.
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Pursuer
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Where is my ring of blades...
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January 09, 2019, 05:50:47 AM |
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It's technically possible, so why don't we try it?
I can try and send 0.00001 to somebody here with no fee and let's see how long it will take, of course if the transaction happens I'd expect it sent back to me with no fee attached.
Most likely scenario is that the transaction will never go through and the funds will remain in my wallet.
Any takers?
you need to do 2 things for a 0 fee transaction to work: 1. convince the bitcoin nodes on this decentralized network to change their rules so that they accept 0 fee transactions which is not going to happen since nearly all of them run bitcoin core and the default setting doesn't allow that. 2. convince the miners to include 0 fee transactions in blocks that they find which I don't think they would mind since most of the times blocks have extra free space and they don't have to do anything but they too are running nodes with settings that rejects 0 fee transactions.
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Only Bitcoin
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OrangeII
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January 09, 2019, 06:33:49 AM |
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The main problem with Zero fees Bitcoins transactions, are that they would spam the Bitcoin block chain with millions of micro payment of 1 Satoshi. Miners also need to be paid something for there works.
well, as far as I know, the smaller the fee you pay for 1 transaction, the longer you will wait for the transaction. well, it's not impossible, but it will be very long. it's better to pay a small fee than a long wait.
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St4yInTh3D4rk
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"STAY IN THE DARK"
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January 09, 2019, 06:44:30 AM |
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Literally it is possible but you need to wait forever for your transaction to be done,I don't know why people were much cared about the transaction fee of bitcoin since the transaction can be done 1sat/byte with the current situation and it will cost you about $0.05 only per transaction.
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vintages
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January 09, 2019, 06:47:43 AM |
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It use to be possible though before but I don't think it's anymore. Lately miner wants to make more of their gain because of what they are inputting in like electricity and machines maintenance. There are two ways; you follow the stipulated transactions fee or reduce it to your own preferred Satoshi. If the Satoshi is way too small, you will have to wait for a very long time for the coin to reach it destination.
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mocacinno
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January 09, 2019, 08:08:58 AM |
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For everybody saying it can't be done: 010000000137c82cec0a27b399c3737c6c61f0f934deb33ff3cfb6ef1016e62d434a6204a3000000008b483045022100f8ecb38d7b9b2a1bdb8ea31af39466d88727ad863e82b3c52258011420c65715022039e0a55698347c8198385beb252814e08c48dab7b01f233d3f20e5deb054f2f7014104ed1df4aaa790f8118646976365a33de02dcbb4c78d92edf1271a85abe53c15a316d08c29b1069a52ae98e015a29aa52cbeb41c1fb77bf091d809d286adff8a73ffffffff01d02a0f00000000001976a914e432ffb6ef0bde696af29ca13dd37c0824a4082388ac00000000
You can use any online transaction decoder, like (for example) https://live.blockcypher.com/btc/decodetx/ and verify that 1) the transaction has 0 fee 2) the transaction is signed However, if you ever want this transaction to end up in a block, you'll need to find a mining node that: 1) still accepts 0 fee transactions 2) includes those transactions into the block the miner is trying to solve I guess those miners should still exist, but i don't think they'll be easy to find tough... BTW: if you're a pool operator, don't include this transaction as a favour, it's just spending an unspent output to fund exactly the same address, so it's a moot transaction
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margueritabarrutti
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January 09, 2019, 11:15:28 AM |
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I am positive that nothing is FREE nowadays so I think it still has.
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Olayinka225
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January 09, 2019, 02:25:44 PM |
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My years of experience with bitcoin, I don't think making a transaction without a very transaction fee isn't possible and visible but in the nearest future, maybe that can be possible nobody knows.
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a.denis1
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January 09, 2019, 02:58:42 PM Last edit: January 11, 2019, 01:46:51 PM by a.denis1 |
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Yes it is theoretically possible. And I sent many times bitcoins for free in the past but it was very long ago . It depends only on the pool if the server accept transactions with 0 fee and if it find a block it is done . Anyway I think it does not work nowadays .
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Nnedaddy1
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January 09, 2019, 03:26:48 PM |
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Its not possible to carry out transactions on the blockchain ecosystem without paying for transaction fee. What you should know is that that which is called "transactions fee" is just a few paid to the miners to be able to mine the cryptocurrency .
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maldini
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January 09, 2019, 04:58:26 PM |
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impossible, as long as I transact digitally there is still no free service in the transaction. Fee is very important in speeding up transactions in bitcoin, isn't the bitcoin fee still fairly low,
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tenakha
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January 09, 2019, 08:59:08 PM |
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I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
I look at Google and found that this can be possible in some ways. But they recommend to send a small amount. In short it is unnecessary. The other way is GDAX. As far as I have read, they will charge your transaction fee in return of your ID. But it is just a waste of time.
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joshv06
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January 09, 2019, 09:09:47 PM |
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Its not possible to carry out transactions on the blockchain ecosystem without paying for transaction fee. What you should know is that that which is called "transactions fee" is just a few paid to the miners to be able to mine the cryptocurrency .
Yes it is not possible to send BTC without transaction fee. Transaction fee is few percent and it stays same for small amount as well as huge. Transaction fee is required for speeding up the process and also it used as paying to Miners of the crypto currencies.
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ostrogoto2012
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January 09, 2019, 09:32:34 PM |
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No, it's not possible. The fees are the economic incentive to maintain the network and reach the distributed consensus. Fees are necessary.
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Taki
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January 09, 2019, 09:37:06 PM |
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That's totally impossible. You simply cannot give it from hand to hand to skip the fee just like in the case of fiat. For bitcoin you must to use didderent services that provide the transaction and you need to pay for that.
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ynatopak14
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January 09, 2019, 09:56:13 PM |
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I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
It is not possible as it serve as a gas to travel the bitcoin to other wallets. The is the cost to pay the miners for the transaction. Though i know i have same answer like other that is not the real point why i post here. I just wonder if that will happen that people dont need to pay for the transaction. Will it happen very soon?
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