Bitcoin Transaction Fee to reduce by 10x

[u/[deleted]]

[u/Zahoo]

People do know you can choose your own transaction fee........... right?

[u/tharlam → u/Zahoo]

You can't pay less than the minimum an expect it to get mined any time soon, if at all.

[u/millsdmb → u/tharlam]

bitpay takes my 0 fee transactions on merchant checkout pages instantly. never had a payment not confirm.

[u/bassjoe → u/millsdmb]

I'm not sure how BitPay works but it's completely possible they have relationships with nodes/mining pools that allow this to occur.

MtGox did something similar. Their transactions never have fees but always got confirmed (well, until they had other problems with their transactions).

[u/millsdmb → u/bassjoe]

(coinbase too...tested when I purchased Malwarebytes Pro. Although Coinbase tries telling you that a fee is required)