While attempting to make a transaction I am noticing that GUI wallet and CLI wallet is estimating something like 0.00004436 xmr fee (very slow / unimportant) but when I attempt to submit the transaction the xmr network is demanding something like 0.004048 xmr as fee. While this is not prohibitive fee I have never seen that much variation in estimated vs actual fee before. I have sent a transaction from the same wallet may be within a month back. The estimated fee was 0.00004436 xmr and actual fee was 0.00004444 xmr. It is strange to see actual fee being 20x to 100x times estimated fee.
- Did anyone else experience this? Do the wallets not estimate fees well when we have more than 2 parties?
- Does the fee increase with the amount being sent? – I think not but would like to know your opinion and reason. I think the fee increases with number of sending / recipient address but that would not explain this much increase in fee.
- Does history of an wallet increase transaction size? – I don't think so but again what do I know.
- A lot of transactions with the numbers of in / out same as my transaction are being included in the blocks without paying as high fee as the chain is demanding from me.
I have a local node running in my machine that has 64 peers including supportxmr and hashvaultpro and is synched. I rarely get in_peers that had been the case years before when xmr blockchain was not this big. Wallets are synched with localnode.
I am using the latest version. 0.18.2.2
submitted by /u/1n_c0de_we_trust