Litecoin to test Bitcoin fee estimation features

in #blockchain8 years ago

Charlie Lee has proposed a fee estimation soft fork upgrade to let miners signal the minimum fee accepted in a block header and make it easier for users to estimate fees.

He said on twitter the process will help the market to dynamically find the right fee rate without developers having to dictate the minimum fee. The process will work out if mining is competitive according to him.

Click here to read more: Bitcoin fee estimation features

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