Obligatory transaction fee?

4

I'm fairly new to bitcoin and today I sent 1 satoshi to my own adress using the standard wallet, and I was surprised that I couldn't do it without paying a 0.005 BTC (I think, can't remember the exact value) transaction fee.

As far as I knew transaction fee's were supposed to be voluntary, when did this get added? Is there no way to transfer bitcoins for free anymore?

justanotherhobbyist

Posted 2013-11-05T15:53:43.883

Reputation: 141

Answers

1

Transaction fees are voluntary but the client application is forcing the minimum transaction amount of .005. It's been a long time since I've used the standard client. .005 sounds correct.

RLH

Posted 2013-11-05T15:53:43.883

Reputation: 2 062

Alright, is there any way to transfer coins between addresses without this fee? – justanotherhobbyist – 2013-11-05T16:28:12.640

I believe that there is an option in the settings to set the transaction fee. – Colin Dean – 2013-11-06T01:01:48.513

@ColinDean, you know what, you might be right. I think you can set something in a config file. I think that still has a minimum value, though. – RLH – 2013-11-06T02:53:52.527

hustlerinc, I don't think so. If you do your research, you could make RPC commands through bitcoind. If you can build a raw transaction, you can build a transaction without any fees. – RLH – 2013-11-06T02:54:52.467

Asked: 2013-11-05T15:53:43.883

Viewed: 252 times

Active: 2013-11-05T16:24:30.547