public inbox for bitcoindev@googlegroups.com
 help / color / mirror / Atom feed
* [Bitcoin-development] Temporary fee fix
@ 2013-12-06  2:44 Andreas Petersson
  2013-12-06  8:37 ` Wladimir
  0 siblings, 1 reply; 2+ messages in thread
From: Andreas Petersson @ 2013-12-06  2:44 UTC (permalink / raw)
  To: bitcoin-development

I know we should all be brainstorming and working on a new fee market.
But fact is, it will still take some time and in the meantime users will
continue to shout insults at us for the high "fixed" fee of 0,1 mBtc.
Even banks sometimes have less fees. (1 of 5 Play Store reviews of
Mycelium seem to mention high fees recently)

My suggestion: until the market is established let's lower the minimum
relay fee per kb to something less. 0,01 mBtc comes to mind. (of course
pulling this number out of thin air)



^ permalink raw reply	[flat|nested] 2+ messages in thread

* Re: [Bitcoin-development] Temporary fee fix
  2013-12-06  2:44 [Bitcoin-development] Temporary fee fix Andreas Petersson
@ 2013-12-06  8:37 ` Wladimir
  0 siblings, 0 replies; 2+ messages in thread
From: Wladimir @ 2013-12-06  8:37 UTC (permalink / raw)
  To: Andreas Petersson; +Cc: Bitcoin Dev

[-- Attachment #1: Type: text/plain, Size: 891 bytes --]

On Fri, Dec 6, 2013 at 3:44 AM, Andreas Petersson <andreas@petersson.at>wrote:

> I know we should all be brainstorming and working on a new fee market.
> But fact is, it will still take some time and in the meantime users will
> continue to shout insults at us for the high "fixed" fee of 0,1 mBtc.
> Even banks sometimes have less fees. (1 of 5 Play Store reviews of
> Mycelium seem to mention high fees recently)
>
> My suggestion: until the market is established let's lower the minimum
> relay fee per kb to something less. 0,01 mBtc comes to mind. (of course
> pulling this number out of thin air)
>

This was considered (see https://github.com/bitcoin/bitcoin/pull/3305) but
deemed to risky for 0.8.6 at the last moment, see the linked pull request
for details.

It will go into 0.9, at least if the full floating fee implementation isn't
yet ready and deemed safe by then.

Wladimir

[-- Attachment #2: Type: text/html, Size: 1449 bytes --]

^ permalink raw reply	[flat|nested] 2+ messages in thread

end of thread, other threads:[~2013-12-06  8:38 UTC | newest]

Thread overview: 2+ messages (download: mbox.gz / follow: Atom feed)
-- links below jump to the message on this page --
2013-12-06  2:44 [Bitcoin-development] Temporary fee fix Andreas Petersson
2013-12-06  8:37 ` Wladimir

This is a public inbox, see mirroring instructions
for how to clone and mirror all data and code used for this inbox