Ethereum: Setting up a FEE FEES DEFACTION IN SENDTOADDRESS
When sending bitcoin transactions using the Bitcoin-CliAPI interface, you can create problems with the "Fallback Fee". With this feature, you can set a fee for outgoing transactions that fail from network overload or other reasons. In this article, we will examine how you can determine the "Fallback FEE" option in the "Sendtoaddress" command.
What is a violation fee?
The "Fallabcobe" option determines the maximum outbound transaction fee if you fail as a result of the network overload or other problems. By determining the higher value for the "Fallback Fairy", you can reduce the likelihood that your transaction will be rejected by the network, which may result in additional fees.
Activate the Bitcoin-CLI breach fee
Follow the following steps and activate the “Faulbablack Fee” option usingbitcoin-cli:
- Open the terminal request or input and go to the directory that contains your.itcoinrc
(usually below $ home/.itcoinrc '.
- Edit the file using a text editor of your choice, eg. B. Nano or Vim.
- Add the following line to the end of the file:
FALTBACK FAIRY = 10
`
Replace “10” with the maximum fee in Satoshis (SaS). The lower value leads to higher fees for outgoing transactions.
Send bitcoin transactions with infringement charges
After activating the « Faulbablabal FEE » option, you can send bitcoin transactions using « Sendtoadddress » to send bitcoin transactions. Here is an example:
`Bash
Bitcoin-Cli Sendtoadddress 0x1234567890ABCDEF 1.2.3.4:8337/10 Bitcoin: // Your-Bitcoin-Wallet-Hlet
In this example:
0x1234567890abcDefis the recipient’s bitcoin address.
1.2.3.4: 8337is the IP number and the sender’s port in the bitcoin network (in this case a standard testnet).
10is a maximum fee for outgoing transactions in Satoshis.
Example of application cases
Here are some examples of using the « Fallback » option:
* Reduction of transaction fees : By determining a higher value for « Fallback Fairy », you can reduce the likelihood that your transaction is rejected by a network that can make additional fees.
* Optimization of -Batching : value for « Fallback Fairy » can allow sending stacking payments without determining the infringement fee, which could improve the overall efficiency and permeability of bitcoin transactions.
tips and variations
* Failure fee fee: You can also set up a backup intestinal threshold by adding a file .itcoinrc 'Another line:
FALTBACK FA fairy = 20 backup thresholds = 10
`
This allows the possibility of « Fallback », but only for transactions with a fee of more or 10 SATS.
* Calculation of infringement fees : The value of the infringement fee is calculated on the basis of the total size and other transaction factors. To adjust the calculation of the infringement fees, you can add additional lines to your file .Bitcoinrc ', eg. B .:
FALTBACK FAIR = 20 Prague Size Pargher Size = 1000
`
