jlopp / statoshi

Bitcoin Core + StatsD integration
https://jlopp.github.io/statoshi/
MIT License
233 stars 26 forks source link

Suggested fee doesn't seems to work. #29

Closed Transisto closed 7 years ago

Transisto commented 8 years ago

Why isn't the fee recommended for next block confirmation increase when, for example, there is no block for 1.3 hours and the following happen ?

https://i.imgur.com/NhwoNJq.png

jlopp commented 7 years ago

This is more a question of how the underlying fee algorithm works, which is complicated. You can learn about the old (and new!) fee estimation algorithms here: https://blog.bitgo.com/the-challenges-of-bitcoin-transaction-fee-estimation-e47a64a61c72