Subject: [bitcoindev] Call for reconfiguration of nodes to relay transactions with fee-rates below 1 sat/vbyte

From: Greg Tonoski <[email-masked]>
Date: Fri, 31 Jan 2025 09:49:44 +0100

The minrelaytxfee default value of 1000/kvB (1 sat/vbyte) has been set
in Bitcoin nodes since 2013 or earlier. In 2013, 1000 sats were priced
at $0.01, today it is about 100 times more. Wouldn't you like to
consider adjusting your node configuration and lower the hurdle,
perhaps? I would suggest setting minrelaytxfee=0.00000001 (which
translates to 0.001 sat/vbyte) as a rule of thumb. The value could be
set in a bitcoin.conf file. There is negligible number of such
reconfigured nodes relaying transactions with fee-rates below 1
sat/vbyte currently.

There is the intention to unblock transactions with fee-rate below 1
sat/vbyte in Bitcoin. Probably consolidation and multisig types of
transactions would benefit the most.

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