Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Fee Experiment May 9 2016
by
alyssa85
on 10/05/2016, 02:51:55 UTC
How old were your inputs? That would have affected the priority. High priority stuff gets confirmed pretty fast.

Inputs were all within the last year...


And were you sending a fraction of a large input, or a combination of lots of small inputs. Both transaction 3 and transaction 4 look like you were sending a combination of lots of small inputs, combined with a large fee. It got confirmed quickly because of the large fee.

What you really need to do is standardize the fee - make them all 0.0001, and vary the amounts (outputs made up of one big input or lots of small inputs). That way you will be able to see whether the miners make you wait or not.

Also, the protocol says you can send an aged input for zero fee if the kilobytes are low. According to the wiki, "a transaction was safe to send without fees if these conditions were met:

    It is smaller than 1,000 bytes.
    All outputs are 0.01 BTC or larger.
    Its priority is large enough"

Test it out and see if it works. Bitcoiners have spent the last seven years telling everyone that you can send "free" or for a minimal fee - so that is what most bitcoiners do. The question is, is that still true.