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RE: Vlog 168: Two days ago Bitcoin miner fees total were higher than the blockreward of 12.5 BTC.

in #dtube7 years ago

To be honest you didn't show me anything I didn't already know, though I do appreciate your effort. I searched my transaction on several block explorers before I posted the tx id here, I just wasn't sure exactly how long the transaction took because the block explorers didn't appear to clearly show that particular information, though I already had an idea because they were my transactions. Also I would argue that Bitcoin is NOT better than fiat from a user experience point of view. Here in the UK we can send near instant and free domestic bank transfers to anyone else with a UK bank account. The same cannot be said for BTC unfortunately.

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I have some points to share with you in relation to your comments. But first, as I like to learn as well, so where were you trying to look up your transaction details extactly? And have you had a chance to see how the mem pool works, another thing that could help you and everyone is a full node wallet. As this is decentralised, it is in our interest to do what we can if we all want the benefits. Some food for thought, but I will respond to you comments with some more helpful points.

I looked on Blockchain.info and also another site which I can't remember. Those transactions were sent from a full node wallet

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