I was looking for a comparison between Bitcoin Fee Estimation and found this service https://github.com/block/bitcoin-augur
I'd like to hear some opinions about it here.
I'd like to hear some opinions about it here.
Quote from: https://delvingbitcoin.org/t/augur-block-s-open-source-bitcoin-fee-estimation-library/1848
A Bitcoin fee estimation library that provides accurate fee estimates by analyzing historical mempool data. Augur uses statistical modeling to predict confirmation times with various confidence levels.
Features
Predictions based on historical mempool data and transaction inflows
Confidence-based fee rate estimates
Multiple confirmation targets (from 3 to 144 blocks)
How We Measured It
We developed a custom benchmarking tool to evaluate Augur’s accuracy and cost-effectiveness against other major fee estimators. Tests were conducted under both high and moderate mempool volatility.
Features
Predictions based on historical mempool data and transaction inflows
Confidence-based fee rate estimates
Multiple confirmation targets (from 3 to 144 blocks)
How We Measured It
We developed a custom benchmarking tool to evaluate Augur’s accuracy and cost-effectiveness against other major fee estimators. Tests were conducted under both high and moderate mempool volatility.