![]() The CSS used by this subreddit is the Erdune Theme modified by /u/Annihilia and /u/konkedas. You MUST verify the integrity of this software before running it.Latest stable version: 25.0 (May 2023).You can also use Bitcoin Core as a very secure Bitcoin wallet. If you have a fairly powerful computer that is almost always online, you can help the network by running Bitcoin Core. Almost all Bitcoin wallets rely on Bitcoin Core in one way or another. #bitcoin Other Bitcoin sitesīitcoin Forum Bitcoin Stack Exchange Bitcoin Magazine Download Bitcoin Coreīitcoin Core is the backbone of the Bitcoin network. Do not post your Bitcoin address unless someone explicitly asks you to.Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Please avoid repetition - /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem.r/Bitcoin is primarily for news and discussion. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. Trades should usually not be advertised here.Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted.Submissions that are mostly about some other cryptocurrency belong elsewhere.This subreddit is not about general financial news. News articles that do not contain the word "Bitcoin" are usually off-topic.Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins.Do not use URL shortening services: always submit the real link.If you are new to Bitcoin, check out We Use Coins and. As such, it is more resistant to wild inflation and corrupt banks. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. Since miners mine because they want to gain profit, they will always priorize transactions with a higher sat/B fee.Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Its all about how the node is coded to fill the block with TX's. Transactions (with a small or zero fee) which stay unconfirmed for a longer time usually don't get priorized over transactions with a high fee.Įvery miner is free to chose which transactions he is going to confirm in his mined block. Paid, given the non-urgent requisition of my transfer? You can set commision manually in the Electrum settings.ĭoes this means that I paid much more for the fee than I could have Waited for 24h with no problem to avoid this high fee. I couldn't find a way to pay smaller fee in Electrum 3 -I could have Transactions that pay more fee take precedence. ![]() You can select any fees what you want(and 0 fees also), but there are no warranties what that transaction will be added to the block. * While larger fees improve the chance to be included in the block there is still have a chance to be added to the next block.Īs it was a non-urgent transaction, couldn't I have selected a smaller The block is filled with arbitrary transactions. You can't predict in which block exactly your transaction will be added. It's all about bitcoin, the Electrum wallet is just a wallet, it doesn't minning block nor building block. Why did the transaction went so fast if the fee was for 25 blocks?Īs it was a non-urgent transaction, couldn't I have selected a smaller fee in any way? I couldn't find a way to pay smaller fee in Electrum 3 -I could have waited for 24h with no problem to avoid this high fee.ĭoes this means that I paid much more for the fee than I could have paid, given the non-urgent requisition of my transfer? This minimum fee ended up being 0.0008 BTC (~10 € as the time of writing, which was ~14% of the sent amount). But I don't know why, after 2hours the transaction already had 6 confirmations. If the transaction was supposed to be included in the next 25 blocks, I thought it will take around 250 minutes (~4hours) to be processed. As it was a non-urgent transfer I selected the minimum fee Electrum allowed me: "Within 25 blocks", the lowest sat./byte available from the slide bar. ![]() Yesterday I made my first Bitcoin transaction using Electrum and I was able to configure the fees I was going to pay.
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