Post
Topic
Board Bitcoin Technical Support
Re: [Feb 2024] Fees are lower, wait for opportunity to Consolidate your small inputs
by
Danydee
on 28/02/2024, 17:41:48 UTC
First transaction fees could be set as low as 1Sat/Byte ...  the UXTO on the scond would be from the unconfirmed first Tx, so spending it with high fees is to accelerate and promote its confirmation, and its confirmation will entangle with it the confirmation of the first tx..  as the first is a parent transaction!
But in this way, you would have to pay more fee. It would be better to make a single transaction with high fee.

My wondering was about that case where ther'll be too much UXTOs that makes the fees too huge !!  Then the UXTO to the scond transaction will count as single input, so the fees would not be too high even if settling at maximum!





Quote
Take note that miners would prioritize CPFP transactions based on their effective fee rate, not based on the fee rate used for the child.

Maybe, but I don't think that it will be always the case!