_ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote down vote favorite 4 I tried sending one satoshi (0.00000001 BTC) to one of my friend and the client always showed a dialog prompting me to pay 0.0005 BTC in fee, with the only options being OK (pay the fee) or cancel (cancel the transaction).The transaction was using one input and possiby two output (with how the clients jungle with the addresses).I checked the option and the fee was at 0.00000000 BTC, but the client would not let me placed the transaction.bitcoin-core transaction-fees up vote 4 down vote The standard client, as distributed by the Bitcoin developer team, does not permit transactions without a fee for amounts less than 0.01BTC.It adheres to the fee calculation suggestion in the transaction.That said, not all clients enforce this rule.See Can different clients have different transaction fees?

up vote 5 down vote Yes, however the answer is a bit more advanced than for your everyday consumer: It is recommended to have some knowledge of JSON if using this method WORD OF WARNING: Using this method can cause large amounts of inputs being set as miners fees.bitcoin asic ukI suggest you continue with caution and start by using small inputs.bitcoin gratis november 2014That being said... A transaction must be compiled and submitted via the bitcoin-qt console using the commands listunspent, createrawtransaction, signrawtransaction and submitrawtransaction.bitcoin rechargeTo access the Bitcoin-qt console: launch your bitcoin client as usual and wait for it to load the blockchain and start up click on 'help' in the menu bar (top right) click on 'debug window' select the 'console' tab Use listunspent to get an array of you spendable inputs in your wallet This is where you set you transaction fee: Use createrawtransaction to generate a transaction in the form createrawtransaction [{\"txid\":\"[txid of the input transaction]\",\"vout\":[vout that relates to the txid of the input transaction]},...] {\"[address to send your bitcoins to]\":[amount of bitcoins to send to this address],...} If you want a no fee transaction you must make sure all inputs equal the output.litecoin may 2014

All inputs that are not spent in a transaction are used as miners fees.Use signrawtransaction [the output of createrawtransaction] to sign your generated transaction Note: Your wallet must be unlocked to perform this command.ethereum euro priceIf not type walletpassphrase [your passphrase] 21600 Use submitrawtransaction [the output of signrawtransaction] to send your signed transaction to the network to be included into a block You can see your transaction by going to http://blockchain.info/tx/[txid output from submitrawtrasaction] up vote 1 down vote Maybe this was added recently, but I don't think so.giá bitcoin ngày hôm nayYou can change the fee in your Bitcoin Core client settings.Go to: Settings -> Options -> Wallet (tab) -> "Pay transaction fee" set it to 0 and you're good to send fee-less transactions.

Keep in mind it may take longer for your transaction to be pulled into the blockchain without a fee.up vote 0 down vote Today, we cannot do transactions without any fees.Miners wouldn't choose to include such transactions and the Bitcoin clients also drop these transactions./index.php/how-to-minimize-bitcoin-transaction-fees/ Your Answer Sign up or log in Sign up using Google Sign up using Email and Password Post as a guest Name Email discard By posting your answer, you agree to the privacy policy and terms of service.Browse other questions tagged bitcoin-core transaction-fees or ask your own question.90% transaction fee, how can this be avoided?(self.Bitcoin)submitted by Trying to send my total balance of: 0.07047255 I have 175 Transactions with this address currently, I have been using it to receive payout from affiliate links for a couple months now.However, blockchain.info (custom send) wants me to pay a transaction fee of 0.06349319 which is like 90% of everything in there.

I've learn my lesson this time but how can this be avoided in the future?How can I receive payouts from affiliates without accumulating so many transactions and requiring manual intervention?Edit: The total balance isn't comprised solely of micro transactions, here are some of my larger ones: 0.04457552 0.00999998 0.005736 0.00337 0.001002 https://blockchain.info/address/19M6Z8e8NwLJMs4qkh7FzUoUV1wZF1rLij Not sure if that helps, Thank you!Edit: Thank you to /u/peterwemm for this comment.This seems to be the best course of action for anyone in a similar situation, Thanks for your comments everyone!π Rendered by PID 13177 on app-255 at 2017-06-24 12:09:18.604439+00:00 running 3522178 country code: SG.Jump to: , Transaction fees may be included with any transfer of bitcoins from one address to another.Contents 1 2 3 4 5 6 Receiving the fees from hundreds of transactions (0.44 BTC) The transaction fee is processed by and received by the bitcoin miner.

When a new bitcoin block is generated with a successful hash, the information for all of the transactions is included with the block and all transaction fees are collected by that user creating the block, who is free to assign those fees to himself.Transaction fees are voluntary on the part of the person making the bitcoin transaction, as the person attempting to make a transaction can include any fee or none at all in the transaction.On the other hand, nobody mining new bitcoins necessarily needs to accept the transactions and include them in the new block being created.The transaction fee is therefore an incentive on the part of the bitcoin user to make sure that a particular transaction will get included into the next block which is generated.It is envisioned that over time the cumulative effect of collecting transaction fees will allow somebody creating new blocks to "earn" more bitcoins than will be mined from new bitcoins created by the new block itself.This is also an incentive to keep trying to create new blocks even if the value of the newly created block from the mining activity is zero in the far future.

Traditionally, the sender pays the full Bitcoin network fee; deducting the fee from the amount received by the recipient will often be considered an incomplete payment.The following sections describe the behavior of the reference implementation as of version 0.12.0.Earlier versions treated fees differently, as do other popular implementations (including possible later versions).Users can decide to pay a predefined fee rate by setting `-paytxfee=` (or `settxfee ` rpc during runtime).A value of `n=0` signals Bitcoin Core to use floating fees.By default, Bitcoin Core will use floating fees.Based on past transaction data, floating fees approximate the fees required to get into the `m`th block from now.This is configurable with `-txconfirmtarget=` (default: `2`).Sometimes, it is not possible to give good estimates, or an estimate at all.Therefore, a fallback value can be set with `-fallbackfee=` (default: `0.0002` BTC/kB).At all times, Bitcoin Core will cap fees at `-maxtxfee=` (default: 0.10) BTC.

Furthermore, Bitcoin Core will never create transactions smaller than the current minimum relay fee.Finally, a user can set the minimum fee rate for all transactions with `-mintxfee=`, which defaults to 1000 satoshis per kB.Note that a typical transaction is 500 bytes.This section describes how the reference implementation selects which transactions to put into new blocks, with default settings.All of the settings may be changed if a miner wants to create larger or smaller blocks containing more or fewer free transactions.Then transactions that pay a fee of at least 0.00001 BTC/kb are added to the block, highest-fee-per-kilobyte transactions first, until the block is not more than 750,000 bytes big.The remaining transactions remain in the miner's "memory pool", and may be included in later blocks if their priority or fee is large enough.For Bitcoin Core 0.12.0 zero bytes[1] in the block are set aside for the highest-priority transactions.Transactions are added highest-priority-first to this section of the block.