THE BLOCK JOURNAL · TOPIC

Fee rates

Separate transaction cost, size, and confirmation estimates.

A total fee and a rate per virtual byte answer different questions. Transaction structure affects the data involved, while fee estimation describes an uncertain target rather than a reservation. Use these articles to understand the units and arithmetic without treating teaching examples as live recommendations.

ANOTHER ANGLE

More topics to explore.

Follow a different thread through Bitcoin’s public data and the tools around it.