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@morcos morcos commented May 12, 2015

I think picking this number is mostly bike-shedding, but if/when #5159 gets merged, then it's more likely that estimateFee 1 will occasionally give a very high estimate, so setting the default lower will prevent accidentally spending too much on fees. I don't think these high estimates are problematic but just indicate busy times when you actually need a very high fee to be reliably confirmed in the next block. Also it's almost impossible to have a priority that is high enough to get you confirmed in the next block, so this helps with sending free transactions as well. (Note the default remains 25 on the GUI)

@laanwj laanwj added the Wallet label May 13, 2015
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I have no strong opinion, so ACK from me. This is trivial change of a default.

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laanwj commented May 13, 2015

I like this default change (I've complained about the default of 1 being too expensive before, and if that becomes worse...), utACK

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laanwj commented May 15, 2015

Needs rebase.

@morcos morcos force-pushed the change-confirm-target branch from 6f3879b to 4a38a50 Compare May 15, 2015 11:51
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morcos commented May 15, 2015

rebased

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BTW, ideally we'd define a DEFAULT_TX_CONFIRM_TARGET constant analogous to DEFAULT_TRANSACTION_FEE, to avoid this value having to be kept synchronized across three places

laanwj added a commit that referenced this pull request May 18, 2015
2457dc4 Change default nTxConfirmTarget to 2 (Alex Morcos)
77ed59d wallet: Introduce constant for `-txconfirmtarget` default (Wladimir J. van der Laan)
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laanwj commented May 18, 2015

Merged via 2457dc4 (26e08a1)
Prepended a commit 77ed59d to introduce a constant first, then change that to 2 in your commit.

@laanwj laanwj closed this May 18, 2015
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3 participants