Post
Topic
Board Electrum
Re: issues with electrum : Broadcasting Error message
by
DigitalMonster
on 30/03/2021, 09:42:34 UTC
o_e_l_e_o is correct... it's a mechanism used to try and keep the mempool "size" to below 300 Megabytes... Transactions with very very low fees will either not be accepted or be "purged" if the "mempoolminfee" increases to a value higher than the transaction.

If you look here: https://statoshi.info:3000/d/000000020/memory-pool?orgId=1 (check last graph)
and here: https://mempool.space/


You'll see that this value is currently around 7 sats/byte... any transaction with a fee less than this will either not be accepted... or purged if it was already in a node's mempool.

Note that this value is not the same as the "minrelaytxfee" (which usually defaults to 1 sat/byte)

Now shows on the site https://mempool.space/ that the minimal fee is 1 satoshi \ byte but still cannot send the transaction - the same error.