estimatesmartfee (0.17.99 RPC)
blockchain
control
generating
mining
network
rawtransactions
util
wallet
estimatesmartfee conf_target ("estimate_mode")
Estimates the approximate fee per kilobyte needed for a transaction to begin confirmation within conf_target blocks if possible and return the number of blocks for which the estimate is valid. Uses virtual transaction size as defined in BIP 141 (witness data is discounted).
The request target will be clamped between 2 and the highest target fee estimation is able to return based on how long it has been running. An error is returned if not enough transactions and blocks have been observed to make an estimate for any number of blocks.
Arguments
1. conf_target |
numeric |
Confirmation target in blocks (1 - 1008) |
2. "estimate_mode" |
string optional default=CONSERVATIVE |
The fee estimate mode. Whether to return a more conservative estimate which also satisfies a longer history. A conservative estimate potentially returns a higher feerate and is more likely to be sufficient for the desired target, but is not as responsive to short term drops in the prevailing fee market. Must be one of:
|
Result
{ |
||
"feerate" : x.x, |
numeric optional |
estimate fee rate in BTC/kB |
"errors": [ str... ] |
json array of strings optional |
Errors encountered during processing |
"blocks" : n |
numeric |
block number where estimate was found |
} |
Examples
Examples:
bitcoin-cli estimatesmartfee 6