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Improve fee estimation #1972

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mrfelton opened this issue Apr 7, 2019 · 2 comments

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@mrfelton
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commented Apr 7, 2019

Detailed Description

Current fee estimations come form https://bitcoinfees.earn.com/api/v1/fees/recommended which provides fee estimates on the high end in order to guarantee settlement within the specified time.

We'd like to use something the provides lower rates / lower probability.

Possible Implementation

Consider using https://api.lightning.community/#estimatefee (new in lnd 0.6) and falling back to earn.com if that api isn't available.

@ossel

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commented Apr 14, 2019

I wanted to open a channel and even the slow option was 150 sats/Byte. (According to blockstream explorer still overpaying by 450%) with Zap-win32-v0.4.1-beta.
I actually did not care if the channel was funded now or in a week.
A possibility to enter a custom fee would be really nice. A custom radio button would do the job and it would be nice if the resulting fee costs would be displayed in dollar.
It´s nice to see how you impove the product release by release.
How can I send you a tip via lightning?

@korhaliv korhaliv self-assigned this Apr 23, 2019

@mrfelton mrfelton modified the milestones: v0.5.0-beta, v0.6.0-beta Apr 23, 2019

korhaliv added a commit to korhaliv/zap-desktop that referenced this issue Apr 23, 2019

@korhaliv korhaliv referenced this issue Apr 23, 2019

Merged

feat(wallet): improve fee estimation #2098

4 of 6 tasks complete

korhaliv added a commit to korhaliv/zap-desktop that referenced this issue Apr 23, 2019

korhaliv added a commit to korhaliv/zap-desktop that referenced this issue Apr 23, 2019

korhaliv added a commit to korhaliv/zap-desktop that referenced this issue Apr 24, 2019

korhaliv added a commit to korhaliv/zap-desktop that referenced this issue Apr 24, 2019

@mrfelton

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commented Apr 25, 2019

Closed via #2098

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