Quote from: iwosh on May 05, 2018, 07:15:20 PM

Quote from: Limx Dev on May 05, 2018, 05:45:55 PM

Quote from: Miro1764n on May 05, 2018, 11:54:06 AM

Quote from: Bytales on May 05, 2018, 11:29:28 AM

I have a question for the DEVs, hopefully, they can answer me. Its about transaction fees.

It is claimed that BTX has the smallest transaction fees out there. But i must disagree.

Lets take a look. All coins listed here have 8 decimals, 1 UNIT = 100 milion smallest units.

BTX Recommended transaction fee :
   102.651 smallest BTX units per Kilobyte
Minimum Required fee is
   100.000 smallest BTX subunit per Kilobyte.

XUEZ, a POS "Bitcoin like coin (21mil max supply) recommended transaction fee:
   10.001 smallest XUEZ units per Kilobyte
Minimum Required fee is
   10.000 smallest XUEZ units per Kilobyte

OMEGA, a dash fork, Pos Coin Recommended transaction fee:
   1.000 smallest OMEGA units per Kilobyte
Minimum Required fee:
   1.000 smallest OMEGA units per Kilobyte.

Since i mine with 2 GPU on Bitcorepool.cc i receive lots of small payments. Unifying 23 small payments, for a total of 1.14219359 BTX, the transaction fee is 0.00357448, thus i get 1.13861911.
If those were XUEZ inputs, the fee would have been 0.00035744 XUEZ, and if those were OMEGA inputs, the fee would have been 0.00003574 OMEGA.

Do you see the difference in coin here ?

Obviously OMEGA functions with 100 times lower transaction fees ! And XUEZ functions with 10 times lower transaction fees !

Why do we need to have so high of transaction fee requirements ? Can anyone care to explain ?

I was saying that too! And I'm also curious to know why transaction fee is so high. (Minimum is 0.001 but recommended amount is 0.02. Because the
minimum transaction fee does not guarantee transaction confirmation. That is written in the wallet tooltips.

Waiting for the answer.

Hello,

the answer is really easy. It is already prepared to set down this in the last core update (Core 15).

You can here already see that other fee currently possible is.

Possible fee
https://chainz.cryptoid.info/btx/tx.dws?1043013.htm

Normal fee
https://chainz.cryptoid.info/btx/tx.dws?1042993.htm

I want to activate that in the next update for the end users.

Kind Regards Christian

Hi Christian,

does this mean that it is better to wait until this update for a miner with hundreds of incoming transactions in his wallet? If I understand it correctly, it will cost 10x less to send all those BTX to unite them?

Yes that is correct. But the miner are already ready for that. You see the cheap transaction is still on the chain.