Here is a 0.493 sat/vB TXN I placed on mainnet in the present day. You may have to make use of the SoChain block explorer to see it although. I give it a 3% probability of getting confirmed, however we’ll wait and see. The TXN is a donation to Addy@Bitnodes since I take advantage of their seeder for my community herder.
So final month, I voiced the unpopular opinion that node operators ought to decrease the
minrelaytxfee setting to permit low-fee TXNs to propagate extra freely all through the community. Then I asked why miners weren’t mining 0.999 sat/vB TXNs throughout idle durations because it needs to be extra worthwhile than mining no TXNs in any respect. Lastly I wrote a node herder to stroll the community searching for node operators that have been working
minrelaytxfee beneath the default (1000 sat). After strolling about 26% of the community, seems about 5% of nodes are permitting low price TXNs.
So in that vein of debate, I made a decision to only signal some low-fee TXNs and ship them to the 5% of nodes I discovered and see what occurs. To my shock it confirmed up on one of many 23 block explorers I attempted after broadcasting it. Surprisingly, that comes out to about 5% of explorers accepting low price TXNs as properly. So hopefully 5% or so of the miners will affirm low price TXNs. We’ll see.
BTW, to do that, that is what I did.
Pair my HW pockets to Electrum
paytomanyElectrum API to craft a TXN beneath 1 sat/vB
Import the TXN to sign up Electrum
Ran a full node with
minrelaytxfeeset to 1 sat (0.001 sat/vB)
Walked the community to discover a good variety of low-fee friends
addnodeAPI to herd my node to the low-fee friends I found.
sendrawtransactionAPI to broadcast TXN
Wait and see if it might probably propagate to a miner and if a miner will settle for it.
BTW, there’s a PR to decrease the
minrelaytxfee in core, however it’s dragged on for years. The setting was lowered about yearly or so within the early days, however hasn’t been touched for a few years now.