Post
Topic
Board Exchanges
Re: bitsquare.io - The P2P Fiat-Bitcoin Exchange
by
k99
on 10/05/2017, 19:00:51 UTC
I understand that the multisig trade transaction mining fee is hard-coded? This is a huge flaw in Bitsquare, much bigger than a few UX issues that make it slightly confusing to learn.

Current hard-coded mining fee is .0005 btc, around 131 sat/B – half the recommended fee on 21.co, and estimated to take up to 7 hours.

Will this be fixed in the new version? I consider this the number one flaw in an otherwise genius piece of software.

Yes we are aware of that and it is fixed in the new version with dynamic fees and a fee estimation service (21.co).
Though that require a "hard fork" as the protocol would not support such a big change (the fee is part of the amounts what users pay in so it has a few complexities).
We plan the release in june with the DAO launch.