naftalimurgor / bitgesell-fees

A HTTP REST API for dynamic Bitgesell fees based on Block agreggation

bitgesell-fees

Introduction

A simple service that gives best, good fees for transactions. Note: Transaction fees may vary a lot for a UTXO based model. A UTXO is a collection of small unpsent transaction outputs spread across multiple transactions.

Read more About Transactions, UTXO model: UTXO Guide

Note: This is highly experimental and improvements are highly welcome.

Usage

curl https://us-central1-bitgesellfees.cloudfunctions.net/app/v1/default/fee

Default fees:

{"minFeeBGL":0.0001,"minFeeSatoshi":10000}

Estimate Fees:

curl https://us-central1-bitgesellfees.cloudfunctions.net/app/v1/agreggate/fees

{
    "v1": 0.1,
    "min_fee": 0.0001,
    "best": 0.00999465,
    "good": 0.0099125
}

A sample usage: Dynamic fees

DEFAULT_MIN fees

Bitgesell follows the Bitcoin transaction model which uses a proposed minimum fee of 10,000 satoshis, this is equivalent to 0.0001 BGL

Usage

For usage, see usage/ for a visualized graph:

Contribution

All contributions are highly welcome!

LICENSE

MIT