Quote from: bitmover on Today at 01:06:21 PM

The problem is that estimation is not correct. This has been discussed over and over. Those algorithm always overestimate fees...

The mempool was cleared last night, anyone could get a confirmation with 1 sat byte and every estimator was suggestions 200 fees, even electrum.

I am well aware that their estimation is overestimated and way too high. I saw the mempool last night, it was a dream come true for consolidating transactions.

Exodus currently puts "recommended fee" at 79 sats/byte even though current mempool average is ~40 sats/byte but that is because in last 20mins we had 6 blocks (they were found in 10 mins tho). Last few hour average was actually around 80sats/byte which I guess is why they take that number even though that fee is currently too high (overestimated) as you can get into next block with much much lower fee.

That is why I said, I'd like them to explain how they get those descriptions and how they choose their "recommended fee".

Sadly, I haven't checked recommended fee for exodus last night so I cannot say how good of recommended fee they had at that time.