reference Implementation, the following sections describe the behavior of the reference implementation as of version.10.0. "inputs "addresses ".", "output_index 0, "output_value 1010000, "prev_hash ". 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. Our wallet uses dynamic fees, meaning that the wallet will calculate the appropriate fee for your transaction taking into account current network conditions and transaction size. A larger transaction will require a larger fee to be included in the next block.
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To calculate the fees per transaction, we consider that the average Bitcoin transaction is about 250 when bitcoin fork bytes big. Customize Fee and entering an amount. Its priority is large enough (see the Technical Info section below). 0.14 6 Blocks Fee: fee to have your transaction mined within six blocks (1 hour). Your Blockchain wallet will automatically do this for you, and suggest an appropriate fee. This threshold is written in the code as coin * 144 / 250, suggesting that the threshold represents a one day old, 1 btc coin (144 is the expected number of blocks per day) and a transaction size of 250 bytes.
Current transaction fee bitcoin
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