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what is measured in units of sat/kw?
Is there a difference between bytes and virtual bytes (vbytes)?Why can’t lightning tx’s be signed with sighash single to allow for fee updates?What is the difference between BitCoin, Bitcoin, and bitcoin?What is the correct term for bitcoin market cap?Is it possible for the miners to collude to blackmail a single wealthy address?What is “Midas”?1,500% transaction fee and 3,5 months to confirm?What exactly is XBTC?What is the minRelayTxFee?I keep hearing about MAST, what is it and what does it do?What exactly does redeem in the context of bitcon mean?
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Whilst learning about bitcoin & lightning fees I have encountered the abbreviation sat/kw a few times, most recently here:
Why can’t lightning tx’s be signed with sighash single to allow for fee updates?
Is it a ratio of satoshis per kilowatt?
transaction-fees terminology block-weight
edited 8 hours ago
Murch♦
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thermalCatthermalCat
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Whilst learning about bitcoin & lightning fees I have encountered the abbreviation sat/kw a few times, most recently here:
Why can’t lightning tx’s be signed with sighash single to allow for fee updates?
Is it a ratio of satoshis per kilowatt?
transaction-fees terminology block-weight
edited 8 hours ago
Murch♦
36k27 gold badges119 silver badges350 bronze badges
asked 8 hours ago
thermalCatthermalCat
63 bronze badges
New contributor
thermalCat is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |
Whilst learning about bitcoin & lightning fees I have encountered the abbreviation sat/kw a few times, most recently here:
Why can’t lightning tx’s be signed with sighash single to allow for fee updates?
Is it a ratio of satoshis per kilowatt?
transaction-fees terminology block-weight
edited 8 hours ago
Murch♦
36k27 gold badges119 silver badges350 bronze badges
asked 8 hours ago
thermalCatthermalCat
63 bronze badges
New contributor
thermalCat is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
Whilst learning about bitcoin & lightning fees I have encountered the abbreviation sat/kw a few times, most recently here:
Why can’t lightning tx’s be signed with sighash single to allow for fee updates?
Is it a ratio of satoshis per kilowatt?
transaction-fees terminology block-weight
transaction-fees terminology block-weight
edited 8 hours ago
Murch♦
36k27 gold badges119 silver badges350 bronze badges
asked 8 hours ago
thermalCatthermalCat
63 bronze badges
New contributor
thermalCat is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
edited 8 hours ago
Murch♦
36k27 gold badges119 silver badges350 bronze badges
asked 8 hours ago
thermalCatthermalCat
63 bronze badges
New contributor
thermalCat is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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edited 8 hours ago
Murch♦
36k27 gold badges119 silver badges350 bronze badges
edited 8 hours ago
Murch♦
36k27 gold badges119 silver badges350 bronze badges
edited 8 hours ago
Murch♦
36k27 gold badges119 silver badges350 bronze badges
36k27 gold badges119 silver badges350 bronze badges
asked 8 hours ago
thermalCatthermalCat
63 bronze badges
New contributor
thermalCat is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked 8 hours ago
thermalCatthermalCat
63 bronze badges
asked 8 hours ago
thermalCatthermalCat
63 bronze badges
63 bronze badges
New contributor
thermalCat is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
New contributor
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Check out our Code of Conduct.
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I assume that James is using "sat/kw", to refer to "satoshi per kiloweightunit" as a means to express the fee rate of a transaction. "Weight" here refers to what replaced "blocksize" as a blockspace limit in the protocol rules with the segwit softfork.
I'm seeing "sat/kw" for the first time in this context. I've seen wu used before to refer to weightunits instead of w, and "virtual bytes vB" seem to be more common generally.
I've explained the relationship of blocksize, virtual size and weight in depth here: Is there a difference between bytes and virtual bytes (vbytes)?
answered 8 hours ago
Murch♦Murch
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I assume that James is using "sat/kw", to refer to "satoshi per kiloweightunit" as a means to express the fee rate of a transaction. "Weight" here refers to what replaced "blocksize" as a blockspace limit in the protocol rules with the segwit softfork.
I'm seeing "sat/kw" for the first time in this context. I've seen wu used before to refer to weightunits instead of w, and "virtual bytes vB" seem to be more common generally.
I've explained the relationship of blocksize, virtual size and weight in depth here: Is there a difference between bytes and virtual bytes (vbytes)?
answered 8 hours ago
Murch♦Murch
36k27 gold badges119 silver badges350 bronze badges
add a comment |
I assume that James is using "sat/kw", to refer to "satoshi per kiloweightunit" as a means to express the fee rate of a transaction. "Weight" here refers to what replaced "blocksize" as a blockspace limit in the protocol rules with the segwit softfork.
I'm seeing "sat/kw" for the first time in this context. I've seen wu used before to refer to weightunits instead of w, and "virtual bytes vB" seem to be more common generally.
I've explained the relationship of blocksize, virtual size and weight in depth here: Is there a difference between bytes and virtual bytes (vbytes)?
answered 8 hours ago
Murch♦Murch
36k27 gold badges119 silver badges350 bronze badges
add a comment |
I assume that James is using "sat/kw", to refer to "satoshi per kiloweightunit" as a means to express the fee rate of a transaction. "Weight" here refers to what replaced "blocksize" as a blockspace limit in the protocol rules with the segwit softfork.
I'm seeing "sat/kw" for the first time in this context. I've seen wu used before to refer to weightunits instead of w, and "virtual bytes vB" seem to be more common generally.
I've explained the relationship of blocksize, virtual size and weight in depth here: Is there a difference between bytes and virtual bytes (vbytes)?
answered 8 hours ago
Murch♦Murch
36k27 gold badges119 silver badges350 bronze badges
I assume that James is using "sat/kw", to refer to "satoshi per kiloweightunit" as a means to express the fee rate of a transaction. "Weight" here refers to what replaced "blocksize" as a blockspace limit in the protocol rules with the segwit softfork.
I'm seeing "sat/kw" for the first time in this context. I've seen wu used before to refer to weightunits instead of w, and "virtual bytes vB" seem to be more common generally.
I've explained the relationship of blocksize, virtual size and weight in depth here: Is there a difference between bytes and virtual bytes (vbytes)?
answered 8 hours ago
Murch♦Murch
36k27 gold badges119 silver badges350 bronze badges
answered 8 hours ago
Murch♦Murch
36k27 gold badges119 silver badges350 bronze badges
answered 8 hours ago
Murch♦Murch
36k27 gold badges119 silver badges350 bronze badges
answered 8 hours ago
Murch♦Murch
36k27 gold badges119 silver badges350 bronze badges
36k27 gold badges119 silver badges350 bronze badges
add a comment |
add a comment |
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