Post
Topic
Board Development & Technical Discussion
Re: Efficiently accepted small amounts of Bitcoin?
by
glascake
on 07/09/2021, 08:06:29 UTC
This is wrong. The transaction fees depends on the ferrate at a particular time as well as the size of the transaction. It has nothing to do with the value of the Bitcoins being transferred; would be quite absurd to pay $100,000 for a $1 million worth transaction.

I understand that, but if each address holds 10$ of Bitcoin, and for each new address/input added I pay 5$ fees (because fees are proportional to the transaction weight) it is equivalent
 to 5% (current fees)

The transaction time doesn’t really matter, if it’s 1 week I don’t care.


Is the lightning network usable if you only have the private key to the individual Segwit addresses? Is there a function like sweep from electrum?