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Who did BTC transfer fees go to

Publish: 2021-04-14 21:02:34
1. The transaction cost of bitcoin is generally between 0.0001-0.0005btc. Of course, the amount accepted by each miner and miner's Association is different. Sometimes, a large amount of bitcoin transaction does not need a service charge, such as more than 100btc. Small transactions below 0.01btc will be charged a certain amount of fees. Of course, some bitcoin clients can set bitcoin transaction fee. If you set the transaction fee very low, the transaction confirmation time will be very long
first of all, we should understand that this service charge is given to miners to encourage them to continue mining and provide enough computing power for bitcoin, so as to ensure the security of bitcoin network. At present, the main income of miners is to get BTC reward by creating new blocks, but the reward is halved every four years. As time goes on, bitcoin transaction fee will graally replace bitcoin reward
under what circumstances should the handling charge be paid? What's the amount

bitcoin system has a series of network rules, including the handling charge rules, which are "what the client should do". When you use bitcoin client (wallet, bitcoin QT) to send bitcoin, the whole process is roughly divided into the following steps:

1. Prepare the bitcoin you want to send

the client is responsible for collecting the balance of bitcoin in your wallet (bitcoin QT) to prepare for payment, Because every bitcoin you receive is in your wallet until you spend it

if you withdraw 3btc and 2btc twice in okcoin bitcoin, their records in your wallet are independent, that is, a 3btc and a 2btc, instead of merging them into 5btc (the wallet only records transaction details, but does not merge the balance, but you can see the total balance on the interface of the wallet), As time goes on, you will accumulate a lot of bitcoin in your wallet. It is conceivable that there should be thousands of such records in okcoin bitcoin wallet. So when you send bitcoin, the wallet must decide which of the above records are most suitable for this sending

the bitcoin you get in a transaction is called "inputs" and the bitcoin you spend is called "outputs". There are multiple inputs and outputs in your wallet

2. Prevent a large number of micro payments from impacting the network

if you recharge the okcoin bitcoin trading platform less than 0.01btc (including the fund changes inside your wallet), you must pay a handling charge of 0.0001. When preparing your payment amount, the wallet has an established rule, that is, when preparing the payment amount in many inputs, try to avoid the amount change less than 0.01btc (for example, if you want to recharge 5.005btc to okcoin bitcoin, the wallet should choose 3 + 2.005 or 1 + 1 + 3.005 instead of 5 + 0.005)

3. The larger the amount, the higher the age of the currency, the higher the priority

if the amount you send is too small or your bitcoin has just been mined, then your transfer is no longer free. Each transaction will be assigned a priority, which is determined by the degree of currency, the number of bytes and the number of transactions. Specifically, for each input, the client will first multiply the number of bitcoins by the time they exist in the block (currency age, age), and then divide all the procts by the size of the transaction (in bytes). The calculation formula is: priority = sum (input)_ value_ in_ base_ units * input_ age)/size_ in_ If the calculation result is less than 0.576, then the transaction must pay the handling fee. This is why you need to add a 0.0001 when you withdraw with okcoin bitcoin, because the bitcoin transfer in okcoin wallet is frequent, and the time of bitcoin in the block is relatively short, so you need to pay a handling charge. If you do have a large number of small inputs, such as small miners, and want to transfer them out for free, you can add a large amount of bitcoin with a large currency age, and the average priority will be increased, so that bitcoin can be transferred out for free

4. Charge per kilobyte

at the end of the transfer, the client calculates the size of the transfer (in bytes), which generally depends on the amount of input and output. The calculation formula is as follows: 148 × Input amount + 34 × Output amount + 10. If the size of the transfer exceeds 10000 bytes, but the priority meets the free standard, you can still enjoy the free transfer, otherwise you need to pay the handling charge. The cost per 1000 bytes is 0.0001btc by default, but you can also add it in the client by opening the tab "settings & gt; Options & gt; The main purpose is to adjust the handling charge. If the service charge you are setting is less than 0.0001, BTC is calculated as 0.0001. When this rule applies, it will replace the rule in step 2 instead of accumulating.
2. Bitcoin transfer fee is a fee paid by traders to miners, which is used to encourage miners to compete for bookkeeping and provide enough computing power for bitcoin, so as to ensure the security of bitcoin network. In some places, it is also called miners' fee
when users initiate a transfer in bitcoin network, they usually need to pay a certain transfer fee to the bookkeeper. The transfer service charge is generally 0.001-0.0015 bitcoins. Due to the limited capacity of the block to hold transaction records, miners will give priority to the transaction with high service charge, so the overpaid service charge can be recorded faster
the existence of bitcoin transaction fees can improve the transfer threshold, effectively prevent the blockchain from being full of junk information, and ensure that the miners still have the motivation to maintain the bitcoin network after bitcoin is g up.
3. They set such a high standard. After all, they need to have some profit to give you the whole software. If they don't earn a dime, what else can they use to maintain a software?
4. There will be a service charge for the transfer of bitcoin. If it is traded on the trading platform, the trading platform will charge the corresponding transaction service charge
please accept.
5. The service charge of Ping An Bank's inter-bank transfer through different channels is different. Please refer to the following charging standards:
1. Online banking / Ping An pocket bank app transfer: free of charge
2. ATM transfer:
1. General card: transfer amount ≤ 10000 yuan, 3 yuan / transaction; 10000 yuan < transfer amount ≤ 50000 yuan, 5 yuan / transaction
2. Gold card: no account management fee is owed, and you can enjoy 5 free renewals per month (the required assets for opening an account in Shenzhen are up to standard and no account management fee is owed)
③ platinum card, diamond card and black diamond card: no account management fee is owed, and no account management fee is charged (the assets required to open an account in Shenzhen are up to standard and no account management fee is owed)
3. Over the counter transfer:
① 2 yuan / transaction for less than or equal to RMB 2000
② RMB 2000-5000 (inclusive), 5 yuan / transaction
③ RMB 5000-10000 (inclusive), 10 yuan / transaction
④ RMB 10000-50000 (inclusive), 15 yuan / transaction< (6) more than 50000 yuan, 0.03%, up to 50 yuan per transaction
I would like to remind you that: (1) the fees for intra city inter-bank urgent and non local ordinary transfers are charged according to the above standards, and some cities will have a certain floating rate
2. On this basis, the real-time transfer in the same city and the urgent transfer in different places will be increased by 20%, and the maximum charge for each transaction will remain unchanged
response time: January 4, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
6. In the case of China Merchants Bank, since September 21, 2015, all debit card customers will be free of handling charges for domestic bank / inter-bank, intra city / remote transfer and remittance through mobile banking (including pad bank) and online banking (including public version and professional version).
7. If our bank's all-in-one card operates domestic transfer and remittance, it is dected from the transferor< Since September 21, 2015, indivial debit card customers of China Merchants Bank will be free of handling charges for domestic bank / inter-bank, intra city / non local RMB transfer and remittance through mobile banking (including pad bank) and online banking (including public version and professional version) as well as exchange of foreign currency between their own accounts, and the transfer business fees of other channels will not be reced temporarily.
8. Bank card transfer fees are dected from the remitter

1. Only when there is online banking can online transfer business or inter-bank transfer be done. As for how to transfer, if online banking has been handled, please follow the online banking menu - inter-bank transfer - input the account number, name, amount and the Bank branch of the other party's bank according to the prompt. When transferring, you'd better ask the Bank of the other party's location. If there is no online banking, you need to go to ABC for online banking registration before you can transfer money< br />2、 Inter bank transfer (bank transfer to post office or post office transfer to bank or bank transfer to other banks)
put down the withdrawal card → press the password (your own) → press inter bank transfer → press the non agreed account → type the opposite bank code → type the opposite account number → press confirm → enter the transfer amount → press confirm → finally check again → press confirm → take out your receipt → confirm whether the amount has been dected If the amount has been dected, the transfer is successful
transfer process: insert the wrong charge card of ICBC into the ATM of ICBC (it is not allowed to transfer at the ATM of other places), enter the transfer card number after the transfer, enter the amount after two times (Note: if you want to remit 300 yuan, you must enter 30000, and the last two digits are decimal digits), and then confirm the entry
if the transaction is successful, the transfer can be passed; if the transaction is failed, the transaction is not opened Transfer from opposite bank
3. Transfer from post office to post office
put down the ATM card → press the password (your own) → transfer according to the deposit book → press the non agreed account → call the other party's account number → press confirm → enter the transfer amount → press confirm → finally check again → press confirm without error → take out your receipt → confirm whether the amount has been dected → if the amount has been dected, the transfer is successful
9. The prerequisite for the transfer of handling charge dection is to open online banking
there is no service charge for online banking inter-bank transfer. If the amount is too large, the service charge will be charged according to a certain proportion. The steps of online banking transfer are as follows:
1
2. Enter the home page of bank online banking and click the login button
3. On the login page, enter the ID number or user nickname, login password and additional code
4. After logging in to personal online banking, click transfer and remittance
5
6. Fill in: payment account, collection account information, transfer amount information and confirm transfer remittance information in turn
7. After confirming the information, the online transfer and remittance will be completed.
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