Jump to: , Contents 1 2 The following sections describe the transaction fee rules in Litecoin-Qt and Litecoind as of 0.8.6.1.Earlier versions may have different rules.Once you've calculated the size of your inputs and outputs, you need to use the minimum fee per kilobyte to figure out the fee.Example: If your inputs and outputs add up to 560 bytes, that is under 1 kilobyte, meaning the fee is (mintxfee * 1) (currently that is 0.001 LTC).Important Note: Because of Litecoin's dust mitigation, if you have any outputs that are under 0.001 LTC (DUST_THRESHOLD), you will be penalised with an extra 0.001 fee for each output.Now that we know where the coins are going, and the values of those, we can calculate the fee and change: 1.The transaction gave us 0.9995 remaining Litecoins 2.The size was 200 bytes.That adds 0.001 to the fee because it's within 1 kilobyte.There was an output below the 0.001 threshold.This adds another 0.001 LTC penalty fee.0.9995 (Change) - (0.001 * 2) (Fee) = 0.9975 Change All we have to do now, is add another output to the change address, that could be Address A, or another address the user owns/wants the coins to go to.

The remaining unspent coins (0.002) will become the miners fee, as they were not spent in the transaction.The recommended way (which is used in the official client for desktop and mobile devices), is to drop the change as a miners fee.Because you're penalised for outputs under 0.001, it's highly recommended to simply drop the change and allow it to become part of the miner fee.Transaction Fee historical chart Share:         1 liner log 3 months 6 months year all time Transactions Block Size Sent from addresses Difficulty Hashrate Price in USD Price in BTC Sent in USD Avg.Transaction Fee Median Transaction Fee Block Time Market Capitalization Avg.Transaction Value Median Transaction Value nodes Tweets Active Addresses Top100ToTotal   Raw Values Contact:  | Donations: BTC 13KPgojUhg2Rx92WRJQDZR7vy2vegonHsf  | Advertising  | Privacy Policy / Disclaimer_ 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 4 down vote favorite I am exploring litecoin and I am confused about transaction fee.

What is the minimum recommended fee per kb?Is the fee structure enforced by the miners or only by the clients?If I somehow craft and send a transaction with zero fee, what will happen?(will it not be accepted by the network or will it be accepted and eventually confirm?litecoin transaction-fees up vote 2 down vote The client calculates the priority of the transaction, which is defined as coin days destroyed (i.e.number of coins times coin age) divided by transaction size.If it is above a certain level, the transaction may be sent for free.Otherwise, a 0.001 LTC per KB fee is enforced by the client.In general, this also happens to be the minimum recommended fee per KB.Some miners choose to enforce these fees and won't include a transaction in a block they mine if it does not have enough fees.Other miners don't care and include any transaction in their block.As you can see in an example block, most transactions of any decent size don't require a fee.Generally, if you send 1 LTC which you did not receive very recently and is not composed of a lot of small input transactions, you do not need to pay a fee.

If you try to send a transaction with zero fee when it needs one, miners might skip over your transaction, and you'll need to wait until some miner is willing to include it in their block.bitcoin api providersIf you grow tired of waiting, you can broadcast another transaction using the same coins (but this time with a fee).buy litecoin in usaIt will be included in a block, and the previous transaction will be regarded as a double spend and thus be rejected and disappear from the network.bitcoin nordeaBrowse other questions tagged litecoin transaction-fees or ask your own question.ethereum march 14Following the announcement of our partnership with ShapeShift.io last week, we are proud to serve you with the cheapest SEPA and SWIFT money transfers using Altcoins!bitcoin poker deutsch

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