Can the default "minrelayfee" be decreased from 1 sat/B to 0.1 sat/B? The default value is too high at this moment. #14012

issue pedr0-fr opened this issue on August 20, 2018
  1. pedr0-fr commented at 11:11 PM on August 20, 2018: none

    I have noticed that in the past weeks the mempool has been very empty and usually all transactions can get through with no problems, even the ones that eventually have feerates smaller than 1 sat/B as the mempool gets completely empty.

    Therefore, I have set launched bitcoin with the relevant option bitcoind -minrelayfee=0 but I am still not getting any transaction with a feerates smaller than 1 sat/B. I think this is because the nodes I am connected to don't relay transactions with feerates smaller than the 1 sat/B default. Can this default be changed to a lower value as the fees are lower now? There is an option to limit the total amount of the mempool so I think there would be no problem is this default was decreased to, say, 0.1 sat/B.

    Alternatively, is there any node I can connect to that relays lower fees than the default?

  2. fanquake added the label TX fees and policy on Aug 22, 2018
  3. TeoMorabito commented at 4:49 AM on August 24, 2018: none

    This is a good idea, though it would also need to include a way to round up the final fee to 1sat or greater as the smaller denomination.

  4. ken2812221 commented at 4:52 AM on August 24, 2018: contributor

    Related to #13990

  5. rebroad commented at 11:53 AM on April 15, 2021: contributor

    I don't think it's a good idea to hard code any value into the code, but to allow it to change dynamically - i.e. if the mempool is getting empty, then lower it, and store this value to disk when the program exits.

  6. tryphe commented at 1:20 AM on July 30, 2021: contributor

    @rebroad @pedr0-fr There is some good discussion at #13990 (comment)

  7. fanquake commented at 4:24 PM on August 13, 2022: member

    Closing for now.

  8. fanquake closed this on Aug 13, 2022

  9. fanquake deleted a comment on Oct 11, 2022
  10. fanquake locked this on Oct 11, 2022

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