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Fees paid by the sender to the miner as payment for confirmation of the transaction on the Monero network,

9 votes
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Why does monero have higher transaction fees than bitcoin?

This information is based on the last 100 transactions. That particular screenshot is an anomaly and unrepresentative of the norm. If you refresh right now, for example, you'll see the median Bitcoin …
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5 votes
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How to calculate exact Monero transaction fee?

The fee calculator that you have linked gives you the exact formula, with one exception. Every transaction contains a list of "vins", meaning a list of varint offsets that reference the inputs used in …
knaccc's user avatar
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5 votes
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Why are Monero fees visible?

The minimum transaction fee is proportional to the size of the transaction data. Assuming you are making a typical transaction and are not using custom privacy levels, then the minimum transaction fee …
knaccc's user avatar
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2 votes
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How can i get current fee from monero-wallet-rpc

The fee depends (in part) on the exact size of your transaction, and your transaction size depends (in part) on how many outputs you are spending. Therefore to determine the fee, you first need to con …
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8 votes
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What effect has the increase of minimal ring size from 5 to 7?

Privacy: Outputs are where amounts of Monero are stored on the blockchain. When you spend one of your outputs in a transaction, it cannot be known which of 7 different source outputs you're really spe …
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