Post
Topic
Board Bitcoin Discussion
Re: maximal real time to be incorparated into the blockchain
by
shorena
on 23/04/2016, 21:04:02 UTC

The thing is that there is no longer a "standard fee" you can set or remember and always get a quick confirmation. Thats the reason newer versions of bitcoin core come with an algorithm to estimate a good fee for the current[1] state of the network. If you do not want to update for some reason at least check with pages like https://bitcoinfees.21.co/

[1] obviously this isnt entirely true, as the data will always be slightly outdated

I stumpled already over this URL https://bitcoinfees.21.co/ when I googled for infos on tuesday in the internet (and still wonder what its heading "since 1759" means).

No idea, beer reference? -> https://en.wikipedia.org/wiki/Category:Companies_established_in_1759

Do you know a URL where I can watch the current size (say in MB) of total unconfirmed transactions waiting  for inclusion into the blockchain (and perhaps their number)?

Regards
achim

This is node specific, e.g. blockchain.info[1], my new[2] and my old[3] node disagree on the number of unconfirmed transactions. It depends on the configuration of the node and the amount of memory you allow transactions to take. Another factor is uptime. Keep in mind that "usage" is not the sum of all TX sizes, is the amount of memory used. I dont track bytes separately though.

Code:
{
  "size": 17469,
  "bytes": 224345760,
  "usage": 481174672,
  "maxmempool": 1000000000,
  "mempoolminfee": 0.00000000
}

[1] https://blockchain.info/en/unconfirmed-transactions
[2] http://188.68.53.44/
[3] http://213.165.91.169/