Fee Rate
blockchain
economics
A fee rate is the transaction fee per unit of size, such as satoshis per vbyte, used to prioritize block inclusion.
- Also known as
- sat/vB
1
concept
Miners usually select transactions by highest fee rate to maximize revenue from limited block space. Wallets estimate the minimum sat/vB needed for a target confirmation window.
2
calculation
Fee equals fee rate multiplied by virtual size. Users can lower fees by reducing input count, using efficient scripts, or batching payments so overhead is shared across recipients.
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