Post
Topic
Board Bitcoin Discussion
Re: Mempool Observer Topic
by
Jchris50
on 10/02/2024, 17:37:45 UTC
     
  • fastestFee: 27 sat/vB
  • halfHourFee: 24 sat/vB
  • hourFee: 23 sat/vB
  • economyFee: 22 sat/vB
  • minimumFee: 11 sat/vB
https://talkimg.com/images/2024/02/09/vJQ3l.gif
Oh, these are some estimated fees for different time periods and priorities. The "fastestFee" refers to the estimated fee for a transaction that needs to be confirmed as soon as possible, while the "hourFee" refers to the estimated fee for a transaction that is less time-sensitive. The "minimumFee" refers to the lowest possible fee that can be paid for a transaction to be included in the next block. Keep in mind that these fees are only estimates and can change depending on various factors.